Sensex, Nifty Subdued In Early Trade On Weak Wall Street Cues

RTTNews | il y a 197
Sensex, Nifty Subdued In Early Trade On Weak Wall Street Cues

(RTTNews) - Indian shares were subdued on Friday after U.S. stocks fell sharply overnight, with the tech-heavy Nasdaq officially entering into correction territory on tariff worries and renewed concerns about spending on artificial intelligence.

The benchmark 30-share BSE Sensex was down 60 points at 74,279 in early trade while the broader NSE Nifty index slid 15 points to 22,529.

BPCL, NTPC, Shriram Finance, Infosys and IndusInd Bank fell 1-2 percent while Hero MotoCorp, Bajaj Auto and HDFC Life all rose around 2 percent.

RITES surged 4 percent, RVNL gained 1.6 percent, Bharat Electronics rose 1.7 percent and Kalpataru Projects jumped more than 5 percent after winning new orders.

read more
Major European Markets Close Slightly Weak

Major European Markets Close Slightly Weak

The major European markets closed slightly down on Friday as investors assessed recent moves of the central banks and weighed the potential impact of tariffs. A bit of profit taking also contributed to the market's weak close.
RTTNews | il y a 1
TSX Marches On, Hits Fresh Record High; Materials Stocks Rally

TSX Marches On, Hits Fresh Record High; Materials Stocks Rally

The Canadian market is up firmly in positive territory a little past noon on Friday, extending recent gains, thanks largely to strong buying in the materials sector. Energy stocks are struggling for support due to weak oil prices. The mood remains fairly bullish amid expectations the Bank of Canada and the Federal Reserve will announce further easing this year to boost growth.
RTTNews | il y a 1
Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings

Bank Of Japan Holds Rate Steady; Plans To Lower ETF Holdings

The Japanese central bank left its key interest rate unchanged on Friday, as expected, but surprised markets with a decision to reduce the holdings of its massive stock of exchange-traded funds, suggesting that the monetary policy normalization is underway. The Bank of Japan policy board, led by Governor Kazuo Ueda, voted 7-2 to hold the uncollateralized overnight call rate at around 0.5 percen
RTTNews | il y a 1
Bay Street Likely To Open On Subdued Note

Bay Street Likely To Open On Subdued Note

Canadian shares may open on a somewhat subdued note on Friday with investors reacting to retail sales data, and looking to take some profits following recent gains.
RTTNews | il y a 1
Pound Slides As UK Bond Yield Soars

Pound Slides As UK Bond Yield Soars

The British pound weakened against other major currencies in the European session on Friday, as long-dated UK bond yields rise sharply in response to increasing public sector borrowings in August.
RTTNews | il y a 1