Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | 658 hari yang lalu
Stocktwits
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction on Tuesday as investors looked ahead to a data-heavy week headlined by the Federal Reserve meeting. A cautious undertone prevailed after Israel refused any ceasefire in its war against Hamas.

The benchmark S&P BSE Sensex was down 9 points at 64,103, giving up early gains. The broader NSE Nifty index was down 12 points at 19,129.

Tata Motors rose over 1 percent after winning an arbitral award of Rs 766 crore plus interest in the Singur plant case.

Asian Paints, BPCL, Dr Reddy's Laboratories and SBI Life rose 1-2 percent while Coal India, LTIMindTree, Britannia and ONGC all were down around 1 percent.

Adani Green gained 1 percent after its Q2 profit more than doubled.

Marico fell more than 1 percent after its quarterly profit missed estimates.

Triveni Engineering dropped 2.2 percent on dismal Q2 results.

DLF advanced 1.3 percent on reporting a 30 percent rise in quarterly profit.

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CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

CAC 40 Rises 0.8% As Ukraine Peace Deal Hopes Lift Sentiment

The French market is notably higher on Tuesday as investors pick up stocks amid hopes of a Russia - Ukraine peace deal after U.S. President Donald Trump described his meeting with Ukrainian President Volodymyr Zelenskyy and several other European leaders as "very good".
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Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

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The Australian dollar weakened against other major currencies in the Asian session on Tuesday, despite Australia's consumer confidence improving to a three-and-a-half year high in August as the central bank is expected to lower interest rates further after a third reduction this year. Data from Westpac-Melbourne Institute showed that consumer sentiment index rose to 98.5 in August from 93.1 in July. The improvement followed a further reduction in interest rates by the Reserve Bank of Australia. With the latest 25 basis points cut, interest rates dropped by 75 basis points since the start of the year.
RTTNews | 3j 14min yang lalu
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