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Sensex Down 260 Points In Early Trade; Nifty Nears 15,700

RTTNews | 1133天前

Sensex Down 260 Points In Early Trade; Nifty Nears 15,700

(RTTNews) - Indian shares opened lower on Tuesday to extend losses from the previous session as market participants braced for tougher forward guidance from the Federal Reserve at Wednesday's meeting.

Goldman Sachs has forecast a 75-basis point interest rate hike at this week's meeting.

The benchmark S&P BSE Sensex dropped 260 points, or half a percent, to 52,588 in early trade, dragged down by financials and IT stocks. The broader NSE Nifty index was down 70 points, or 0.4 percent, at 15,704.

HDFC Bank, Tata Motors, IndusInd Bank, Tech Mahindra and Asian Paints fell 1-2 percent in the Nifty pack, while NTPC, Mahindra & Mahindra, Bharti Airtel and Power Grid Corp all rose over 1 percent.

Bajaj Finance declined 1 percent after raising fixed deposit interest rates on various tenors.

Tata Steel rose half a percent after it unveiled a 7-million-pound investment plan for its Hartlepool Tube Mill in north-east England.

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U.S. Leading Economic Index Dips Slightly More Than Expected In June

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RTTNews | 2小时52分钟前

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RTTNews | 2小时55分钟前

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RTTNews | 3小时35分钟前

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The Japanese yen strengthened against other major currencies in the European session on Monday.

RTTNews | 3小时55分钟前

Sensex, Nifty Rise On Earnings

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Indian shares recovered from an early slide to end higher on Monday, as strong Q1 earnings from heavyweights HDFC Bank, ICICI Bank and Reliance Industries helped outweigh tariff-related worries.

RTTNews | 4小时9分钟前

CAC 40 Moderately Lower In Cautious Trade

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RTTNews | 4小时14分钟前

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