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Sensex, Nifty Marginally Lower In Early Trade
(RTTNews) - Indian shares opened a tad lower on Wednesday, with PSU banks and IT stocks pacing the declines on the back of weak Wall Street and Asian cues.
The benchmark S&P BSE Sensex dropped 44 points to 60,883 in early trade, while the broader NSE Nifty index was down 8 points at 18,124.
TCS, BPCL, Infosys, Bajaj FinServ and ONGC fell between half a percent and 1 percent in the Nifty pack, while Titan Company shares jumped 2.4 percent and Power Grid Corp added 1.4 percent.
Rail Vikas Nigam jumped more than 4 percent after it has been appointed as the project implementation agency for the UTF harbour project in Maldives.
Punjab & Sind Bank edged down slightly on fund raising reports.
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Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday, recouping some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
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24 minutes ago
U.S. Dollar Climbs Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.
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4h 35min ago
TSX Hovers Near Record High; Materials, Energy Stocks Shine Again
Materials and energy stocks are among the prominent gainers in the Canadian market, which is up in positive territory in mid afternoon trades on Thursday.
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8h 10min ago
Swiss Market Ends Weak
The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
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8h 32min ago
European Stocks Close On Mixed Note Again
European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns.
Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
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8h 48min ago
Eurozone Consumer Confidence Weakens More Than Expected In August
Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
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9h 37min ago
U.S. Leading Economic Index Edges Down In Line With Estimates In July
A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
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11h 32min ago
U.S. Existing Home Sales Unexpectedly Rebound In July
The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
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11h 42min ago
