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Sensex, Nifty Snap Four-day Winning Streak

RTTNews | 1135 दिनों पहले

Sensex, Nifty Snap Four-day Winning Streak

(RTTNews) - Indian shares ended slightly lower on Wednesday to snap a four-day winning streak, as renewed concerns about inflation and the risk of recession weighed on the rupee, which fell 19 paise to close at a new record low of 79.04 against the dollar.

Rising oil prices also weighed on sentiment. Oil prices were modestly higher in European trade after having risen for three straight sessions amid signs of tight supply.

The benchmark S&P BSE Sensex dropped 150.48 points, or 0.28 percent, to 53,026.97 as a weaker-than-expected U.S. consumer confidence reading fueled worries over a recession and dented investors' appetite for riskier assets globally.

The broader NSE Nifty index ended down 51.10 points, or 0.32 percent, at 15,799.10. Tata Consumer Products, Axis Bank, Apollo Hospitals Enterprise, Hindustan Unilever and HDFC Life fell 3-5 percent in the Nifty pack, while heavyweight Reliance Industries rose 1.9 percent after chairman Mukesh Ambani announced a succession plan.

ONGC jumped 2.9 percent, tracking gains in crude prices. Coal India, Sun Pharma and NTPC rose 1-2 percent.

Fed Chair Jerome Powell, ECB President Christine Lagarde and BOE Governor Andrew Bailey will be speaking at the ECB forum on central banking in Sintra, Portugal later in the day.

Also, U.S. final GDP data for the first quarter is due in the New York session.

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Bank Of England Cuts Rate In Tight Vote

Bank Of England Cuts Rate In Tight Vote

The Bank of England reduced its benchmark interest rate in a close call on Thursday suggesting that the monetary easing cycle is nearing an end as policymakers became more concerned about persistent inflation. The Monetary Policy Committee, headed by BoE Governor Andrew Bailey, voted 5-4 to cut the bank rate by 25 basis points to 4.00 percent.

RTTNews | 18 मिनटों पहले

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Global Cues, Firm Commodity Prices Point To Another Firm Start On Bay Street

Canadian shares are likely to open higher Thursday morning, tracking positive global cues and higher commodity prices.

RTTNews | 1घंटे 1 मिनट पहले

U.S. Labor Productivity Surges 2.4% In Second Quarter

U.S. Labor Productivity Surges 2.4% In Second Quarter

Labor productivity in the U.S. saw a significant rebound in the second quarter of 2025, according to preliminary data released by the Labor Department on Thursday.

RTTNews | 1घंटे 8 मिनट पहले

U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 2nd.

RTTNews | 1घंटे 14 मिनट पहले

Pound Jumps After BoE Rate Decision

Pound Jumps After BoE Rate Decision

The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.

RTTNews | 1घंटे 42 मिनट पहले

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

CAC 40 Remains Firmly Up; ArcelorMittal Rises Over 7%

French stocks are up in positive territory on Thursday, despite concerns about the impact of U.S. tariffs that come into force today. Investors are largely focusing on earnings, and digesting the Bank of England's interest rate decision.

RTTNews | 1घंटे 44 मिनट पहले

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Thursday.

RTTNews | 2घंटे 0 मिनट पहले

Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

RTTNews | 2घंटे 17 मिनट पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.