Sensex, Nifty Seen Higher At Open

RTTNews | 78天前

(RTTNews) - Indian shares look set to open on a positive note Wednesday after official data showed India's consumer price inflation eased further in April to the lowest level in nearly six years amid a slower rise in food prices.

Consumer price inflation eased more-than-expected to 3.16 percent in April from 3.34 percent in February. The expected rate was 3.27 percent. Moreover, this was the lowest since July 2019, when prices had risen 3.15 percent.

Stocks like Tata Motors, Bharti Airtel and Bharti Hexacom will react to their earnings results released after market hours on Tuesday.

Eicher Motors, Shree Cement and Hindustan Aeronautics will publish their financial results later today.

Benchmark indexes Sensex and Nifty slumped 1.6 percent and 1.4 percent, respectively on Tuesday, a day after recording their sharpest rally in over four years, following a tentative ceasefire between India and Pakistan over the weekend.

The rupee ended little changed at 85.33 per dollar, after touching a peak of 84.63 during the day amid dollar buying from oil companies, foreign investors and state-run banks.

Asian markets were mixed this morning, with chip stocks surging after a key announcement. The dollar steadied after a significant overnight decline.

Gold fell to around $3240 per ounce after rising in the previous session. Oil dipped but held near two-week highs on trade war reprieve.

U.S. stocks ended mostly higher overnight as trade optimism prevailed and data showed consumer inflation rose less than expected in April.

The CPI edged up by 0.2 percent in April, bringing the annual increase down to 2.3 percent from 2.4 percent.

The tech-heavy Nasdaq Composite jumped 1.6 percent and the S&P 500 added 0.7 percent to reach their best closing levels in well over two months as Saudi Arabia announced AI development deals with four leading U.S. technology firms, including chip companies NVIDIA and AMD. The narrower Dow shed 0.6 percent.

European stocks closed higher on Tuesday, with sentiment lifted by buoyant German investor sentiment report, a soft U.S. inflation reading and a truce in the Sino-U.S. trade spat.

The pan European STOXX 600 edged up by 0.1 percent, extending gains for a fourth day running.

The German DAX and France's CAC 40 both rose by 0.3 percent while the U.K.'s FTSE 100 finished marginally lower.

Japanese Market Notably Lower

Reversing the gains in the previous session, the Japanese market is notably lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 40,700 level, with weakness in financial and technology stocks partially offset by gains in exporters and automaker stocks.

RTTNews | 42分鐘前

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness across most sectors led by energy and technology stocks.

RTTNews | 44分鐘前

Pound Slides Against Most Majors

The pound fell against its most major counterparts in the New York session on Thursday.

RTTNews | 6小時40分鐘前

Swiss Market Ends Moderately Lower

Despite a decent spell in positive territory till about an hour before noon, the Switzerland market turned weak and kept drifting lower as the session progressed on Thursday to eventually settle with a moderate loss.

RTTNews | 8小時32分鐘前

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 | 9小時2分鐘前

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 | 11小時50分鐘前

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 | 12小時33分鐘前

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 | 12小時41分鐘前

EURUSD	1.14133	GBPUSD	1.31963	AUDUSD	0.64299
USDJPY	150.795	USDCAD	1.38548	USDCHF	0.8138

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Sensex, Nifty Seen Higher At Open