Sensex, Nifty Marginally Higher In Cautious Trade

RTTNews | 819天前
Sensex, Nifty Marginally Higher In Cautious Trade

(RTTNews) - Indian shares traded on a flat note Monday amid expectations that U.S. interest rates have not yet peaked and will remain elevated for a long period.

The benchmark S&P/BSE Sensex was up 148 points, or 0.2 percent, at 61,150 in early trade, while the broader NSE Nifty index was up 22 points, or 0.1 percent, at 17,966. Bharti Airtel, HCL Technologies and Power Grid Corp all rose around 1 percent while Adani Enterprises fell over 6 percent and Adani Ports lost 2 percent.

Cipla shares fell over 5 percent after the U.S. health regulator issued 8 observations for its Pithampur manufacturing facility.

TCS was little changed after saying it is not considering layoffs.

Sun Pharma edged up slightly after acquiring minority stakes in two medical devices companies.

Hindustan Unilever gained 0.7 percent after selling its atta and salt businesses to Singapore-based Uma Global Foods for Rs 60.4 crore.

Dilip Buildcon advanced 1.4 percent on securing the letter of acceptance (LOA) from the Madhya Pradesh government for a project worth Rs 1,947 crore.

GAIL was slightly lower on reports it is looking to buy up to a 26 percent stake in an LNG project in the United States.

read more
Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.
RTTNews | 57分鐘前
Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
RTTNews | 2小時22分鐘前
FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
RTTNews | 2小時58分鐘前
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
RTTNews | 3小時41分鐘前
DAX Down Marginally In Cautious Trade

DAX Down Marginally In Cautious Trade

German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
RTTNews | 4小時7分鐘前