Sensex, Nifty Decline In Cautious Trade Ahead Of Powell Testimony

RTTNews | 785 일 전
Sensex, Nifty Decline In Cautious Trade Ahead Of Powell Testimony

(RTTNews) - Indian shares opened lower on Tuesday as investors awaited Fed Chair Jerome Powell's testimonies and the Bank of England's rate decision due this week for clues on the monetary policy path ahead.

The benchmark S&P BSE Sensex was down 263 points, or 0.4 percent, at 62,904 in early trade, while the broader NSE Nifty index was down 65 points, or 0.4 percent, at 18,690.

Bajaj FinServ, Bajaj Finance and Hindustan Unilever all fell over 1 percent while SBI Life and HDFC Life were up around 2 percent each.

Adani Enterprises gained 1.3 percent on fund raising reports.

InterGlobe Aviation rose over 1 percent on reports that IndiGo has placed an order for 500 Airbus A320 family aircraft in a record deal.

Tata Power climbed 1.1 percent after it unveiled plans to invest Rs. 12,000 crore to meet its capital expenditure needs this fiscal.

IIFL Securities plunged nearly 14 percent. Capital market regulator SEBI has barred the company from taking new clients for two years.

Shriram Finance was little changed after private equity firm TPG sold its 2.65 percent in the non-banking financial company in an open market transaction.

HDFC fell nearly 1 percent after it sold 90 percent of its total holding in its subsidiary HDFC Credila Financial Services Ltd to Baring PE and ChrysCapital for Rs 9,060 crore.

Rail Vikas Nigam fell 2.6 percent and BHEL lost about 1 percent on reports that the Indian Railways may be forced to reissue its tender for the manufacture and maintenance of 120 Vande Bharat sleeper trains.

read more
DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

DAX Notably Higher As Fed Rate Cut Hopes, Easing Trade Tensions Lift Sentiment

The German market is up firmly in positive territory on Wednesday, with stocks from several sectors posting solid gains, amid expectations of a rate cut by the Federal Reserve next month, and on hopes that the impact of tariffs on growth will be less severe than feared earlier. Investors are also digesting the nation's inflation data.
RTTNews | 13 분 전
Sensex, Nifty End Higher After Inflation Relief

Sensex, Nifty End Higher After Inflation Relief

Indian shares eked out modest gains on Wednesday after official data showed India's consumer price inflation eased more-than-expected in July to the lowest level in just over eight years, bringing inflation below RBI's tolerance band and raising prospects of another interest rate cut.
RTTNews | 18 분 전
Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
RTTNews | 2 시간 9 분 전
Asian Shares Follow Wall Street Higher On Rate Cut Hopes

Asian Shares Follow Wall Street Higher On Rate Cut Hopes

Asian stocks ended mostly higher on Wednesday as in-line U.S. inflation reading bolstered speculation the Federal Reserve will cut interest rates by 25 basis points in September, bringing forward its easing forecast amid fears of a weakening labor market.
RTTNews | 2 시간 9 분 전
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 2 시간 37 분 전
European Shares Seen Up On Fed Rate Cut Hopes

European Shares Seen Up On Fed Rate Cut Hopes

European stocks are seen opening higher on Wednesday as July U.S. CPI inflation data suggested little impact from President Trump's tariffs, reinforcing bets the Federal Reserve will cut interest rates to support a cooling labor market.
RTTNews | 5 시간 13 분 전