Sensex, Nifty Little Changed; IT Stocks Drift Lower

RTTNews | 261 hari yang lalu
Sensex, Nifty Little Changed; IT Stocks Drift Lower

(RTTNews) - Indian shares were little changed on Wednesday as investors anxiously awaited domestic and U.S. inflation prints for directional cues.

The benchmark S&P BSE Sensex was up 31 points at 81,541 in early trade, while the broader NSE Nifty index was up 21 points at 24,631.

Grasim, Nestle India, Britannia Industries, Tata Consumer Products and UltraTech Cement rose 1-2 percent in the Nifty pack while IT stocks such as Tech Mahindra, Wipro and HCL Technologies were down between half a percent and 1 percent.

NTPC Green Energy rallied 2.5 percent after bagging a 500 MW solar project order from Solar Energy Corporation of India (SECI).

Maruti Suzuki India added half a percent after saying it will use multiple technologies to reduce carbon emissions.

Indian Overseas Bank jumped 2.3 percent after receiving an income tax refund of Rs 1,359.29 crore pertaining to the assessment year 2015-16.

HG Infra Engineering soared 3.2 percent on bagging a Rs. 763-crore order from the transport ministry.

read more
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 | 2j 23min yang lalu
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 | 2j 51min yang lalu
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 | 5j 55min yang lalu
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 | 6j 38min yang lalu
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 7j 8min yang lalu