Sensex, Nifty End Choppy Session Marginally Lower

RTTNews | 818 days ago
Sensex, Nifty End Choppy Session Marginally Lower

(RTTNews) - Indian shares swung between gains and losses before closing on a flat note Tuesday.

Cues from Asian and European markets were negative as investors fretted about U.S. rates staying higher for longer.

The dollar retained its strength as investors awaited minutes of the Fed's latest policy meeting due to be released on Wednesday for additional cues on the rate outlook.

Geopolitical tensions also remained on investors' radar on the eve of U.S. President Joe Biden's trip to Kyiv and Russian President Vladimir Putin's speech on the Ukraine war.

The benchmark S&P/BSE Sensex ended a volatile session down 18.82 points, or 0.03 percent, at 60,672.72 while the broader NSE Nifty index settled 17.90 points, or 0.1 percent, at 17,826.70.

Tata Motors, Bajaj Auto, Coal India, Apollo Hospitals Enterprise and Adani Enterprises fell 2-4 percent while NTPC rallied 3.3 percent on reports the public sector utility is in the race to buy the debt-laden SKS Power Generation.

Power Grid Corp, Reliance Industries, Tata Steel and Britannia all rose around 1 percent.

read more
Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.
RTTNews | 1h 27min ago
FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.
RTTNews | 2h 3min ago
CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.
RTTNews | 2h 46min ago
DAX Down Marginally In Cautious Trade

DAX Down Marginally In Cautious Trade

German stocks are exhibiting weakness on Monday in cautious trade after recent gains. Investors are assessing possible risks to global economic growth due to geopolitical tensions and tariff uncertainty, as well as a downgrade in U.S. sovereign debt.
RTTNews | 3h 11min ago
China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China Industrial Output Growth Tops Expectations; Retail Sales Disappoint

China's industrial production increased more than expected in April despite trade tariff hikes and the unemployment rate dropped marginally but growth in retail sales fell short of expectations signalling weaker domestic demand, official data revealed on Monday. Industrial output logged an annual growth of 6.1 percent in April after rising 7.7 percent in March.
RTTNews | 5h 32min ago