Indian Shares Open Lower Ahead Of Fed Meet

RTTNews | 2 days ago
Indian Shares Open Lower Ahead Of Fed Meet

(RTTNews) - Indian shares opened a tad lower on Monday, tracking mixed cues from global markets ahead of a key Federal Reserve meeting due this week.

The benchmark BSE Sensex was down 203 points, or 0.2 percent, at 85,508 in early trade while the broader NSE Nifty index dropped 58 points, or 0.2 percent, to 26,128.

Among the prominent decliners, Axis Bank, Bajaj Finance and BEL all fell around 1 percent.

InterGlobe Aviation tumbled 4 percent as IndiGo faced a major operational crisis due to staff shortages and new crew regulations.

CEAT edged down slightly after its board approved an investment of IDR 3,800 million in its Indonesian subsidiary, PT CEAT Tyres Indonesia.

Biocon fell about 1 percent. The company said it would acquire the remaining stake in Biocon Biologics Limited through a share swap.

Dynamite Technologies surged nearly 5 percent after signing a strategic deal with Dassault Aviation.

Lenskart declined 2.6 percent as its one-month shareholder lock-in period comes to an end.

read more
SpaceX Boosts Plans For 2026 IPO, With Upto $1.5 Trln Valuation: Reports

SpaceX Boosts Plans For 2026 IPO, With Upto $1.5 Trln Valuation: Reports

Elon Musk's SpaceX is accelerating plans for an initial public offering or IPO in 2026 mainly following the rapid growth of its Starlink satellite internet service, media reported citing various sources familiar with the matter. According to Bloomberg News, an IPO is likely to raise well over $30 billion, with a valuation of around $1.5 trillion, while Reuters reported that IPO plans to raise...
RTTNews | 1h 13min ago
FTSE 100 Advances After Recent Weakness

FTSE 100 Advances After Recent Weakness

After three successive days of declines, U.K.'s FTSE 100 moved higher on Wednesday with select stocks finding good support. The mood was cautious with investors awaiting the Federal Reserve's monetary policy announcement due later in the day.
RTTNews | 3h 24min ago
CAC 40 Down Ahead Of Fed Rate Decision

CAC 40 Down Ahead Of Fed Rate Decision

French stocks fell on Wednesday with investors treading cautiously ahead of the Federal Reserve's monetary policy announcement due later in the day. Remarks from some European Central Bank officials that the bank will likely adopt a pragmatic, wait-and-see approach with regard to future policy stance weighed a bit on sentiment.
RTTNews | 4h 4min ago
DAX Slids More Than 0.5% In Cautious Trade Ahead Of Fed Rate Decision

DAX Slids More Than 0.5% In Cautious Trade Ahead Of Fed Rate Decision

Germany's stock index DAX opened weak Wednesday morning and lost further ground subsequently with investors making cautious moves, looking ahead to the Federal Reserve's monetary policy announcement and the Fed Chair Jerome Powell's remarks after the meeting.
RTTNews | 4h 47min ago
Indian Shares Extend Losses For Third Day

Indian Shares Extend Losses For Third Day

Indian shares ended lower on Wednesday, with key benchmark indexes extending losses for a third straight session as bond yields surged ahead of the Federal Reserve's interest-rate decision later in the day.
RTTNews | 4h 47min ago
Amazon Plans $35 Bln Investment In India By 2030 To Boost AI Innovation

Amazon Plans $35 Bln Investment In India By 2030 To Boost AI Innovation

Tech and e-commerce major Amazon.com Inc. announced Wednesday its plans to invest more than $35 billion across all its businesses in India through 2030, aiming mainly to advance AI innovation and create more than 1 million jobs. The company, which so far has invested $40 billion in the country, expects to focus on business expansion as well as three strategic pillars...
RTTNews | 5h 43min ago