Sensex, Nifty Modestly Lower In Early Trade; Metal Stocks Hit Hard

RTTNews | 1148 दिनों पहले
Sensex, Nifty Modestly Lower In Early Trade; Metal Stocks Hit Hard

(RTTNews) - Indian shares opened a tad lower on Tuesday, tracking weak global cues amid worries that an energy crisis in Europe and China's COVID woes will tip the U.S. and Europe into a recession.

The benchmark S&P BSE Sensex fell nearly 200 points, or 0.4 percent, to 54,198 in early trade, while the broader NSE Nifty index was down 68 points, or 0.4 percent, at 16,148.

Titan Company, Tata Steel, JSW Steel and Hindalco fell 2-3 percent, while Adani Ports, NTPC and Apollo Hospitals Enterprise all were up around 1 percent.

HCL Technologies fell about 1 percent ahead of its earnings release.

Paytm dropped 1 percent despite reporting strong operational performance in the first quarter of the financial year 2022-23.

L&T was marginally higher on news its arm L&T Construction has bagged significant contracts to build data centers in Mumbai and Navi Mumbai.

Bank of Baroda was moving lower after hiking its marginal cost of funds-based lending rate.

SpiceJet declined 1.3 percent after reporting another technical snag in a Dubai-bound flight.

read more
Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.
RTTNews | 57 मिनटों पहले
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
RTTNews | 1घंटे 3 मिनट पहले
European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 1घंटे 10 मिनट पहले
U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.
RTTNews | 3घंटे 10 मिनट पहले
Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.
RTTNews | 3घंटे 22 मिनट पहले
U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.
RTTNews | 3घंटे 25 मिनट पहले
FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.
RTTNews | 4घंटे 12 मिनट पहले
CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.
RTTNews | 5घंटे 20 मिनट पहले