Indian Shares Likely To Open On Mixed Note

RTTNews | 711 일 전

(RTTNews) - Indian shares are likely to open on a mixed note on Monday, with investors tracking Asian markets and looking ahead to the Federal Reserve's monetary policy announcement on Wednesday.

While the Fed is widely expected to leave interest rates unchanged, the latest batch of U.S. economic data have reignited concerns about the possibility of future rate hikes.

In company news, Bharat Electronics announced that it has received an order worth Rs 2,118.57 crore from Cochin Shipyard for supply of various equipments. The company has also received additional orders worth Rs 886 crore for upgradation of AFNET SATCOM N/W & Akash missiles with RF Seeker, and inertial navigation system and other equipments with accessories and spares.

Tata Elxsi Limited has entered into a global partnership with INVIDI Technologies to deliver targeted advertising solutions and create new revenue streams.

Jupiter Life Line Hospitals shares are set to make their debut on the exchanges today. The IPO, which came in with a price band of Rs 695-735, was subscribed 63.72 times. The QIB category was oversubscribed 187 times.

Indian shares climbed higher on Friday on the back of upbeat global sentiment after the European Central Bank signaled that Thursday's rate hike could be the last hike in the current cycle.

China reported improved economic data for August and also announced a cut to banks' reserve requirement ratio, helping spur a global rally.

Benchmark indexes Sensex and Nifty scaled fresh record highs for a second day running, tracking strength across world markets. The benchmark S&P BSE Sensex ended the session up 319.63 points, or 0.47 percent, at 67,838.63 while the broader NSE Nifty index closed up 89.25 points, or 0.44 percent, at 20,192.35.

Asian stocks are broadly lower today with the mood turning cautious ahead of the U.S. central bank's policy announcement due later in the week. The Japanese market is closed for a holiday.

On Wall Street, stocks moved sharply lower over the course of the trading day on Friday, giving back ground following the rally seen on Thursday. The pullback partly reflected profit taking, with some traders cashing in on Thursday's gains ahead of the next week's Federal Reserve meeting.

The major averages all finished the day firmly in negative territory. The Nasdaq tumbled 217.72 points or 1.6 percent to 13,708.33, the S&P 500 slumped 54.78 points or 1.2 percent to 4,450.32 and the Dow slid 288.87 points or 0.8 percent to 34,618.24.

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.

RTTNews | 35 분 전

Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings

Despite weak GDP data, the Canadian market is up firmly in positive territory Friday afternoon with stocks from materials and healthcare sectors contributing significantly to the gains.

RTTNews | 2 시간 48 분 전

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.

RTTNews | 3 시간 24 분 전

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.

RTTNews | 3 시간 53 분 전

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | 6 시간 38 분 전

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 6 시간 56 분 전

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 7 시간 40 분 전

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 8 시간 9 분 전

EURUSD	1.1684	GBPUSD	1.34987	AUDUSD	0.6538
USDJPY	147.04	USDCAD	1.3741	USDCHF	0.80047