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Sensex, Nifty Give Up Early Gains

RTTNews | 15 hari yang lalu

Sensex, Nifty Give Up Early Gains

(RTTNews) - Indian shares gave up early gains to trade on a flat note Monday amid escalating trade tensions with the United States.

The benchmark BSE Sensex was up 25 points at 79,883, giving up early gains. The broader NSE Nifty index was little changed at 24,366.

Among the prominent gainers, SBI and Trent both rose around 2 percent.

Tata Motors gained over 1 percent despite Q1 profit plunging 62 percent from last year.

HPCL, BPCL and IOCL were up between half a percent and 1 percent after the Union Cabinet approved a compensation package of Rs. 30,000 crore for them to offset under-recoveries on the sale of domestic LPG.

ICICI Bank dropped half a percent after hiking minimum balance for new savings accounts opening from August 1.

Voltas plummeted 6 percent on reporting a 58 percent fall in first-quarter profit. Siemens tumbled 2.6 percent after reporting a marginal decline in its quarterly profit.

Manappuram Finance and Dhampur Sugar Mills both declined around 1.5 percent on disappointing results.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 3j 1min yang lalu

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 3j 12min yang lalu

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 4j 31min yang lalu

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 4j 36min yang lalu

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 4j 59min yang lalu

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 5j 23min yang lalu

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 6j 46min yang lalu

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 6j 51min yang lalu

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