Sensex, Nifty Marginally Lower In Early Trade

RTTNews | 972 hari yang lalu
Sensex, Nifty Marginally Lower In Early Trade

(RTTNews) - Indian shares were flat to slightly lower in early trade on Thursday as global recession fears weighed, and investors monitored the Gujarat and Himachal Pradesh assembly election results.

The benchmark S&P BSE Sensex slipped 75 points, or 0.1 percent, to 62,336 while the broader NSE Nifty index was down 15 points, or 0.1 percent, at 18,545.

Bharti Airtel, HDFC Life, TCS, Kotak Mahindra Bank and SBI Life all fell around 1 percent while IndusInd Bank, Britannia Industries, Adani Ports, Adani Enterprises and Eicher Motors climbed 1-2 percent.

Triveni Engineering lost about 5 percent on reports that the promoter may sell its 7 percent stake in the company via a block deal.

Lumax Industries soared over 4 percent after its board approved setting up of a new Greenfield project at Chakan, Pune (Maharashtra).

HCL Technologies was little changed after announcing a partnership with Intel Corporation and Mavenir.

Dabur India edged up slightly after the FMCG firm announced its entry into the women's personal hygiene space.

Axis Bank gained about half a percent on fund raising reports.

read more
Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure. Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.
RTTNews | 2j 6min yang lalu
Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.
RTTNews | 3j 26min yang lalu
India Holds Key Interest Rates Steady As Trade Tensions Escalate

India Holds Key Interest Rates Steady As Trade Tensions Escalate

The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.
RTTNews | 5j 58min yang lalu
Bay Street Looks Set To Extend Upmove

Bay Street Looks Set To Extend Upmove

Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.
RTTNews | 7j 26min yang lalu
Eurozone Retail Sales Recover In June

Eurozone Retail Sales Recover In June

Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.
RTTNews | 7j 36min yang lalu
Euro Rises As European Shares Traded Higher

Euro Rises As European Shares Traded Higher

The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews | 8j 9min yang lalu
Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL

Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL

Media and entertainment major Walt Disney Co. (DIS) on Wednesday raised fiscal 2025 outlook for earnings.above the Street after reporting significantly higher profit in its third quarter, above market estimates. Meanwhile, revenues missed the market view, despite reporting a growth. Separately, Disney announced that its unit ESPN has signed a landmark rights agreement with WWE.
RTTNews | 8j 26min yang lalu