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Sensex, Nifty End Little Changed; Metal Stocks Surge

RTTNews | 969天前

Sensex, Nifty End Little Changed; Metal Stocks Surge

(RTTNews) - Indian shares ended Monday's session little changed, tracking mixed global cues after robust U.S. jobs data released on Friday stirred anxiety over the pace of future rate increases.

Rallying oil prices also weighed on markets after OPEC+ decided to stick to its policy of lowering oil production.

The benchmark S&P BSE Sensex ended the session down 33.90 points, or 0.05 percent, at 62,834.60 - extending losses for a second straight session.

The broader NSE Nifty index edged up 4.95 points, or 0.03 percent, to close at 18,701.05.

Among the prominent decliners, Britannia Industries, Tech Mahindra, Tata Motors, Reliance Industries and Apollo Hospitals Enterprise fell 1-2 percent.

Metal stocks topped the gainers list after more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend.

Hindalco surged 4.5 percent while Coal India and Tata Steel climbed 2-3 percent.

ONGC added 2 percent, tracking higher oil prices as the G7 price cap of $60 per barrel and the EU import ban on Russian seaborne crude oil and oil products takes effect today.

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European Stocks Close Mostly Weak As Investors React To Earnings

European Stocks Close Mostly Weak As Investors React To Earnings

European markets closed mostly lower on Thursday as investors reacted to a slew of earnings announcements and digested the latest batch of economic data from the region, and also followed the developments on the trade front.

RTTNews | 14分鐘前

U.S. Consumer Price Growth Matches Estimates In June

U.S. Consumer Price Growth Matches Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.

RTTNews | 3小時2分鐘前

German Unemployment Rises In July

German Unemployment Rises In July

Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.

RTTNews | 3小時45分鐘前

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

U.S. Jobless Claims Inch Up Less Than Expected To 218,000

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.

RTTNews | 3小時53分鐘前

U.S. Consumer Prices Increase In Line With Estimates In June

U.S. Consumer Prices Increase In Line With Estimates In June

A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June.

RTTNews | 4小時36分鐘前

Bay Street Looks Headed For Positive Start

Bay Street Looks Headed For Positive Start

Canadian shares look headed for a positive start Thursday morning, with investor sentiment getting a boost thanks to strong results from US tech majors Meta Platforms and Microsoft.

RTTNews | 4小時40分鐘前

U.S. Weekly Jobless Claims Inch Up Less Than Expected

U.S. Weekly Jobless Claims Inch Up Less Than Expected

First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday.

RTTNews | 4小時45分鐘前

FTSE 100 Modestly Higher; Rolls-Royce Holdings, Rentokil Shares Soar

FTSE 100 Modestly Higher; Rolls-Royce Holdings, Rentokil Shares Soar

The UK stock market is up in positive territory Thursday afternoon, riding on some strong earnings and guidance updates from big name companies. Investors are also reacting to the latest developments on the tariff front.

RTTNews | 5小時14分鐘前

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