Sensex, Nifty Down Marginally In Cautious Trade

RTTNews | 971 일 전
Sensex, Nifty Down Marginally In Cautious Trade

(RTTNews) - After an early setback and a subsequent recovery into positive territory, Indian shares retreated Thursday morning following a fresh round of selling at some frontline counters.

Investors are largely making cautious moves, assessing the impact of the Federal Reserve's rate hike move, and on concerns about the health of the banking industry after US Treasury Secretary Janet Yellen's comments that the regulators are not looking to provide any "blanket" deposit insurance to stabilise the US banking system, without working with law makers.

The benchmark BSE Sensex, which rose to 58,277.81 from a low of 57,838.85, is down 72.16 points or 0.12% at 18,142.43. The broader Nifty 50 index of the National Stock Exchange is down 17.75 points or 0.1% at 17,134.15.

Nestle, Axis Bank, Maruti Suzuki, Tata Motors and Larsen & Toubro are up 1 to 1.4%.

Bharti Airtel is gaining nearly 1%, while Bajaj Finance, IndusInd Bank, Mahindra & Mahindra, ICICI Bank, Hind Unilever and Sun Pharmceuticals are up 0.5 to 0.8%.

Asian Paints is down 1.6%. HCL Technologies is down 1.1%, while Infosys, Wipro and Reliance Industries are lower by 0.8 to 1%.

Hindalco is gaining about 1.7%. Adani Ports, NTPC, HDFC Life, Divi's Laboratories and Cipla are modestly higher.

Hero Motocorp is advancing 0.6%. The automaker announced that it will hike prices of some of its variants effective from April 1.

Vedanta shares are down more than 5% after reports Anil Agarwal is weighing a stake sale in the company as a last-resort option and is studying the possibility of selling less than 5% of the company.

Man Industries shares are up more than 8% after the company said it has started production at its new plant at Anjar, Gujarat.

read more
Swiss Stocks Close Notably Lower On Weak Global Cues

Swiss Stocks Close Notably Lower On Weak Global Cues

The Switzerland market ended weak on Tuesday, in line with markets across Europe and elsewhere, as worries fears of Artificial Intelligence bubble, uncertainty about interest rates, and a lack of positive economic data rendered the mood bearish.
RTTNews | 1 시간 55 분 전
European Markets Drop To Multi-week Lows On Growth Worries, Rate Uncertainty

European Markets Drop To Multi-week Lows On Growth Worries, Rate Uncertainty

European stocks closed weak on Tuesday, and several markets in the region dropped to multi-week lows, as worries about lofty valuations of Artificial Intelligence-related stocks, and uncertainty about interest rate moves by global central banks, including the Federal Reserve, rendered the mood cautious and forced investors to trim down long positions.
RTTNews | 2 시간 16 분 전
TSX Down Nearly 0.5% Despite Coming Off Early Lows

TSX Down Nearly 0.5% Despite Coming Off Early Lows

The Canadian market continues to languish in negative territory a little past noon on Tuesday, despite recovering from early lows. Worries about lofty valuations of AI-related stocks, and uncertainty about the Federal Reserve's upcoming interest rate moves weigh on sentiment, prompting investors to trim down positions.
RTTNews | 2 시간 47 분 전
U.S. Homebuilder Confidence Unexpectedly Edges Higher In November

U.S. Homebuilder Confidence Unexpectedly Edges Higher In November

Homebuilder confidence in the U.S. has unexpectedly seen a modest improvement in the month of November, according to a report released by the National Association of Home Builders on Tuesday. The report said the NAHB/Wells Fargo Housing Market Index crept up to 38 in November after jumping to 37 in October.
RTTNews | 4 시간 6 분 전
Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian stocks are likely to open lower Tuesday morning, tracking weak global cues amid concerns about AI bubble and uncertainty surrounding the Federal Reserve's interest rate moves in coming months.
RTTNews | 7 시간 28 분 전
FTSE 100 Down 1.25%; Bank, Miners Among Major Losers

FTSE 100 Down 1.25%; Bank, Miners Among Major Losers

The U.K. stock market's benchmark FTSE 100 is down sharply in negative territory on Tuesday, extending losses to a fourth straight session, with several counters across various sectors seeing a sell-off amid concerns about the outlook for global economy.
RTTNews | 8 시간 31 분 전
CAC 40 Extends Recent Losses As Stocks Tumble On Economic Worries

CAC 40 Extends Recent Losses As Stocks Tumble On Economic Worries

French stocks are down sharply in negative territory on Tuesday, extending recent losses, amid lingering worries about high tech valuations, and continued uncertainty about interest rate moves of the Federal Reserve. The mood is extremely cautious with investors awaiting AI major Nvidia's updates due on Wednesday, and some crucial U.S. economic data for directional clues.
RTTNews | 8 시간 58 분 전
DAX Down More Than 1% Despite Paring Some Early Losses

DAX Down More Than 1% Despite Paring Some Early Losses

German stock market's benchmark index DAX is sliding for a fourth straight session, falling more than 1% on Tuesday, amid rising concerns about high valuations of Artificial Intelligence-related stocks, and uncertainty surrounding the upcoming policy moves of the Federal Reserve due to a lack of some crucial macro economic data.
RTTNews | 9 시간 12 분 전