Sensex, Nifty Extend Losses As Israel Launches Strike On Iran

RTTNews | 498 일 전
Sensex, Nifty Extend Losses As Israel Launches Strike On Iran

(RTTNews) - Indian shares traded lower on Friday to extend losses for a fifth day running as U.S. rate worries lingered and oil prices jumped more than 3 percent on signs of escalating tensions in the Middle East, following reports of Israeli strikes on Iran.

The benchmark S&P BSE Sensex dropped 515 points, or 0.7 percent, to 71,973 in early trade, while the broader NSE Nifty index was down 156 points, or 0.7 percent, at 21,839.

HDFC Life Insurance Company lost 2.3 percent as Deepak Parekh decided to step down as the Chairman and Non-Executive Director of the company.

Infosys declined 2.1 percent after it announced a muted constant currency (CC) revenue growth forecast of 1-3 percent for FY25.

Bajaj Auto fell 2.5 percent despite reporting better-than-expected Q4 earnings.

Rail Vikas Nigam gave up nearly 2 percent. The company has signed a memorandum of understanding (MoU) with Turkish Engineering Consulting and Contracting-TUMAS India Private Limited for infrastructure projects in India.

Among the prominent gainers, ONGC rose 1.7 percent, Apollo Hospitals Enterprise added 1.3 percent and ITC gained 0.9 percent.

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German Inflation Accelerates To 2.2% In August

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 | 8 시간 27 분 전
Swiss Market Ends Modestly Lower

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 | 11 시간 17 분 전
European Stocks Close Lower On Geopolitical Tensions

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 | 11 시간 45 분 전
Chicago Business Barometer Slumps Much More Than Expected In August

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 | 14 시간 49 분 전
U.S. Consumer Prices Increase In Line With Estimates In July

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 | 15 시간 32 분 전