Sensex, Nifty Fall On Mixed China Data

RTTNews | 583日前
Sensex, Nifty Fall On Mixed China Data

(RTTNews) - Indian shares traded lower on Tuesday as investors reacted to mixed economic data from China. While official data showed manufacturing activity shrunk, a private-sector survey showed expansion.

The benchmark S&P BSE was down 320 points, or 0.4 percent, at 71,952 while the broader NSE index slipped 80 points, or 0.4 percent, to 21,661.

Eicher Motor fell over 2 percent after posting a decline in two-wheeler sales in December.

Hero MotoCorp and Mahindra & Mahindra were down around 2 percent each.

Life Insurance Corp of India declined 1.5 percent after receiving a demand order of Rs 806.3 crore for FY18 from Mumbai state tax office.

Zomato gained 1.6 percent on news that it has achieved a record-breaking number of orders on its application on New Year's Eve.

Bharti Airtel rose about 1 percent after it agreed to acquire a 97.1 percent stake in Beetel Teletech.

SJVN climbed 1.1 percent after it received government approval to form joint ventures for hydro and renewable projects.

Alembic Pharmaceuticals jumped more than 5 percent after receiving approval for various products from the U.S. FDA.

Coal India added 1.5 percent after reporting 8.2 percent growth in coal production in December.

Vodafone Idea was little changed after recent strong gains on talk of fund infusion and reports of stake sale to tech-billionaire Elon Musk.

read more
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | 34分前
China Exports Growth Accelerates; Imports Rise Unexpectedly

China Exports Growth Accelerates; Imports Rise Unexpectedly

China's exports logged a robust growth in July as the sharp decline in shipments to the US was offset by the rise in exports to the EU and other markets, official data revealed Thursday. Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase, the customs office reported. Exports were forecast to climb 5.4 percent.
RTTNews | 1時8分前
UK House Prices Rise At Fastest Pace In 6 Months

UK House Prices Rise At Fastest Pace In 6 Months

UK house prices grew at the fastest pace in six months in July as the property market started to stabilize following the end of the stamp duty holiday, data from the mortgage lender Halifax showed on Thursday. House prices increased by more-than-expected 0.4 percent in July from June. Prices were expected to grow at a steady pace of 0.1 percent in July. Moreover, this was the fastest growth sinc
RTTNews | 1時48分前
German Exports Recover In June

German Exports Recover In June

Germany's exports grew for the first time in three months in June despite falling shipments to the US, data from Destatis revealed Thursday. Exports advanced 0.8 percent on a monthly basis in June, reversing a fall of 1.4 percent in May. Shipments were expected to rise 0.5 percent. Reflecting the impact of higher tariff, exports to the United States dropped 2.1 percent on a monthly basis.
RTTNews | 2時19分前