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Indian Shares Reverse Early Gains Amid F&O Expiry

RTTNews | 1076 일 전

Indian Shares Reverse Early Gains Amid F&O Expiry

(RTTNews) - Indian shares reversed early gains to end lower on Thursday, with rising oil prices and caution ahead of Federal Reserve Chairman Jerome Powell's speech Friday at the Jackson Hole economic conference weighing on sentiment.

The benchmark S&P BSE Sensex tumbled 710 points from the day's highs to end the session down 310.71 points, or 0.53 percent, at 58,774.72.

The broader NSE Nifty index fell 82.50 points, or 0.47 percent, to 17,522.45 amid the expiry of F&O August series derivative contracts.

Axis Bank, IndusInd Bank, Cipla, Bajaj Finance and Adani Ports dropped 1-2 percent in the Nifty pack, while Divis Laboratories, Hindalco and Shree Cement all rose about 1 percent.

NDTV Ltd shares extended gains for a second day, climbing 5 percent to reach the upper circuit limit of Rs 407.60 on the National Stock Exchange following Adani Group's attempt to acquire the television news channel.

Global cues were mostly positive, while oil held recent gains on mounting supply tightness concerns.

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U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.

RTTNews | 16 분 전

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.

RTTNews | 1 시간 2 분 전

U.S. Trade Deficit Narrows Slightly More Than Expected In June

U.S. Trade Deficit Narrows Slightly More Than Expected In June

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday.

RTTNews | 2 시간 7 분 전

Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.

RTTNews | 2 시간 10 분 전

Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.

RTTNews | 2 시간 21 분 전

FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.

RTTNews | 2 시간 50 분 전

Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.

RTTNews | 3 시간 0 분 전

CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.

RTTNews | 3 시간 21 분 전

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