Sensex, Nifty May See Cautious Start On Fed Tightening Worries

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Sensex, Nifty May See Cautious Start On Fed Tightening Worries

(RTTNews) - Indian shares are seen opening a tad lower on Monday as anxiety persists about central banks' plans to continue with rate hikes.

Q1 earnings results from IT giants such as TCS, Wipro and HCL Technologies along with macroeconomic reports on inflation and industrial output may sway markets as the week progresses.

Adani Group stocks will be in focus today after an announcement that the family has raised USD 1.38 billion (Rs. 11,330 crore) through stake sale in the three portfolio companies - Adani Enterprises, Adani Green Energy and Adani Transmission.

Asian markets traded mixed this morning as U.S. Treasury Secretary Janet Yellen concluded her visit to Beijing and China's June inflation data missed expectations.

The dollar was on the back foot and Treasury yields slipped from last week's highs while gold was little changed ahead of key U.S. consumer and producer price inflation reports due this week.

Oil prices were subdued after climbing about 3 percent last week to a nine-week high on supply concerns.

U.S. stocks declined on Friday to end lower for the week, as a mixed jobs report showing slower job growth for June but persistently strong wage growth and a slight drop in the unemployment rate heightened fears that the Fed may resume rate hikes later this month.

The Dow shed 0.6 percent, the S&P 500 edged down 0.3 percent and the tech-heavy Nasdaq Composite slid 0.1 percent.

European stocks finished slightly higher on Friday after suffering heavy losses in the previous session.

The pan European STOXX 600 ended flat with a positive bias. The German DAX rose half a percent and France's CAC 40 gained 0.4 percent while the U.K.'s FTSE 100 eased 0.3 percent.

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U.S. Dollar Climbs Against Majors

U.S. Dollar Climbs Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.
RTTNews | 2घंटे 5 मिनट पहले
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
RTTNews | 6घंटे 3 मिनट पहले
European Stocks Close On Mixed Note Again

European Stocks Close On Mixed Note Again

European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns. Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
RTTNews | 6घंटे 19 मिनट पहले
Eurozone Consumer Confidence Weakens More Than Expected In August

Eurozone Consumer Confidence Weakens More Than Expected In August

Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | 7घंटे 8 मिनट पहले
U.S. Leading Economic Index Edges Down In Line With Estimates In July

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews | 9घंटे 2 मिनट पहले
U.S. Existing Home Sales Unexpectedly Rebound In July

U.S. Existing Home Sales Unexpectedly Rebound In July

The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews | 9घंटे 13 मिनट पहले
Walmart Shares Hit As Q2 Profit Misses Street, Updates FY26 Outlook Below View

Walmart Shares Hit As Q2 Profit Misses Street, Updates FY26 Outlook Below View

Shares of Walmart Inc. were losing around 5 percent in the morning trading after the retail behemoth reported second-quarter earnings below market estimates, despite a significant year-over-year growth. Meanwhile, net sales were higher and beat the Street estimates.
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