Sensex, Nifty Open Lower On Tariff Worries

RTTNews | 50日前
Sensex, Nifty Open Lower On Tariff Worries

(RTTNews) - Indian shares were subdued in early trade on Monday, with IT stocks pacing the declines.

A cautious undertone prevailed after U.S. President Donald Trump on Saturday threatened to impose a 30 percent tariff on imports from Mexico and the European Union starting on Aug 1, even as they are locked in long negotiations.

The benchmark S&P/BSE Sensex was down 270 points, or 0.3 percent, at 82,229 in early trade while the broader NSE Nifty index dropped 62 points, or 0.2 percent, to 25,088.

Among the prominent decliners, Bharti Airtel, Bajaj FinServ, Tech Mahindra Infosys and Bajaj Finance declined 1-2 percent.

HCL Tech, Tata Tech and Ola Electric Mobility fell between half a percent and 1 percent ahead of their first quarter results.

Avenue Supermarts tumbled 3.2 percent as its June quarter results came in below consensus estimates.

Azko Nobell India was little changed as JSW Paints launched a Rs 3,929 crore open offer to acquire up to 25.2 percent stake in the company.

Siemens gained about 1 percent on bagging two separate orders worth Rs 773 crore from Maha Metro.

read more
Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
RTTNews | 58分前
Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.
RTTNews | 6時10分前
Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.
RTTNews | 6時15分前
European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.
RTTNews | 6時22分前
U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.
RTTNews | 8時23分前
Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.
RTTNews | 8時35分前