Sensex, Nifty Subdued In Early Trade; IT Stocks Drag

RTTNews | 640日前
Sensex, Nifty Subdued In Early Trade; IT Stocks Drag

(RTTNews) - Indian shares were subdued on Wednesday as investors awaited the release of U.S. inflation data later in the day that could influence the Federal Reserve's policy path.

The benchmark S&P BSE Sensex was down 105 points, or 0.2 percent, at 67,115 in early trade while the broader NSE Nifty index was down 29 points, or 0.1 percent, at 19,964.

IT stocks traded weak, with TCS, Infosys and HCL Technologies all falling around 1 percent.

On the positive side, Power Grid Corp, BPCL, Britannia Industries, UltraTech and Grasim rose 1-2 percent.

SpiceJet rose about 1 percent after making payment of Rs. 100 crore to Sun Group chairman and former promoter of the airline Kalanithi Maran.

RITES rallied 2.1 percent after signing a pact with Caminho De Ferro De Moçâmedes (CFM) Angola for cooperation in the development of railways and related infrastructure.

L&T Finance Holdings was marginally lower after U.S.-based Bain Capital divested a 2.8 pe cent stake in the company for Rs. 910 crore through open market transactions.

KEC International soared 7 percent on winning new orders worth Rs. 1,012 crores across its various businesses.

Vakrangee climbed 1.1 percent after it entered into binding term sheet with private equity investor International Finance Corporation to acquire 8.8 percent equity stake in Vortex Engineering Private Limited.

read more
Canadian Dollar Higher Amid Rising Oil Prices

Canadian Dollar Higher Amid Rising Oil Prices

The Canadian dollar advanced against its most major counterparts in the New York session on Friday amid a spike in oil prices after Israel launched fresh wave of attacks on Iran.
RTTNews | 12時57分前
Swiss Stock Market Heads South On Friday

Swiss Stock Market Heads South On Friday

The Swiss stock market turned lower again on Friday, one day after snapping the two-day slide in which it had given up more than 50 points or 0.4 percent.
RTTNews | 14時55分前
U.S. Consumer Sentiment Improves Much More Than Expected In June

U.S. Consumer Sentiment Improves Much More Than Expected In June

Preliminary data released by the University of Michigan on Friday showed a substantial improvement by consumer sentiment in the U.S. in the month of June. The University of Michigan said its consumer sentiment index surged to 60.5 in June after holding at 52.2 in May. Economists had expected the index to rise to 53.5.
RTTNews | 18時23分前
CPSC Recalls: 1.2 Mln Anker Power Banks, Hedge Trimmers, High Chairs, Mattresses, Pool Covers

CPSC Recalls: 1.2 Mln Anker Power Banks, Hedge Trimmers, High Chairs, Mattresses, Pool Covers

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including around 1.2 million Anker Power Banks, as well as hedge trimmers, high chairs, mattresses, pool covers and Skywalker Pro Via Ferrata Sets. China- based Anker Innovations Limited has called back about 1.16 million units of power banks citing fire and burn risks, and TTI Outdoor Power Equipment recalled...
RTTNews | 18時46分前
FTSE 100 Falls Amidst Israel-Iran Conflict

FTSE 100 Falls Amidst Israel-Iran Conflict

Renewed geopolitical tensions from the Israel-Iran conflict weighed on sentiment for the FTSE 100 benchmark as it shed more than a quarter percent in Friday's trade.
RTTNews | 20時37分前
Eurozone Trade Surplus Declines To 3-Month Low

Eurozone Trade Surplus Declines To 3-Month Low

Eurozone trade surplus declined to a three month low in April as demand from the US softened following tariff hikes, official data revealed on Friday. The trade surplus declined to EUR 9.9 billion in April from EUR 37.3 billion in March, Eurostat reported. This was the lowest surplus since January. In the same period last year, the surplus totalled EUR 13.6 billion.
RTTNews | 20時51分前
Geopolitical Tensions Drag Down CAC 40

Geopolitical Tensions Drag Down CAC 40

An escalation in geopolitical tensions in the Middle East triggered by the Israel-Iran conflict weighed on market sentiment dragging down the CAC 40. Concerns about the trade dispute between the U.S. also weighed on sentiment.
RTTNews | 21時33分前