Sensex, Nifty Little Changed In Lackluster Trade

RTTNews | 672 hari yang lalu

(RTTNews) - Indian shares opened on a flat note Monday, tracking muted cues from global markets. The benchmark S&P BSE Sensex was down 20 points at 66,040 while the broader NSE Nifty index was up 4 points at 19,568.

Sustained foreign capital inflows and renewed weakness in the dollar index helped limit the downside amid the Fed's "blackout period" ahead of its July policy meeting.

Adani Group stocks were rising after the Group announced the commissioning of India's first transnational project at Godda in Jharkhand to supply power to the Bangladesh electricity grid.

Power Grid Corp, Dr Reddy's Laboratories, Apollo Hospital Enterprises, Adani Ports and Adani Enterprises jumped 1-3 percent in the Nifty pack while ONGC fell 1.5 percent after creating a new directorship for energy, petrochemicals and corporate strategy.

It's going to be a busy week for markets, with Q1 earnings, two IPOs and four listings on the bourses lined up.

HDFC Bank, HDFC Life Insurance, Hindustan Unilever, ICICI Bank, ICICI Lombard General Insurance, IndusInd Bank, Infosys, LTIMindtree, L&T Technology, JSW Steel and UltraTech Cement are among the prominent companies due to unveil their quarterly earnings results this week.

Asian markets were subdued this morning as investors reacted to a mixed bag of Chinese economic data released this morning.

Oil prices slipped after Libya resumed production over the weekend. Gold edged down slightly as Friday's upbeat U.S. data underpinned the dollar index.

U.S. stocks finished mostly lower on Friday but posted solid weekly gains as the earnings season kicked off and new data showed consumers are feeling more confident about easing inflation.

The Dow edged up 0.3 percent following upbeat earnings results from JPMorgan Chase and Wells Fargo.

Citigroup shares fell after the bank's profit and sales dropped. The tech-heavy Nasdaq Composite slid 0.2 percent and the S&P 500 eased 0.1 percent.

European stocks ended Friday's session on a mixed note after five consecutive sessions of gains. The pan European STOXX 600 ended down 0.1 percent.

The German DAX edged down 0.2 percent and the U.K.'s FTSE 100 finished marginally lower while France's CAC 40 ended flat with a positive bias.

Australia Rate Decision Due On Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to trim its benchmark lending rate to 3.85 percent from the current 4.10 percent.

RTTNews | 1j 3min yang lalu

Euro Retreats Against Majors

The euro retreated against its major counterparts in the New York session on Monday.

RTTNews | 3j 9min yang lalu

Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session. The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating.

RTTNews | 5j 41min yang lalu

European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.

RTTNews | 6j 10min yang lalu

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.

RTTNews | 8j 32min yang lalu

U.S. Leading Economic Index Slumps More Than Expected In April

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.

RTTNews | 8j 52min yang lalu

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.

RTTNews | 10j 0min yang lalu

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.

RTTNews | 11j 25min yang lalu

EURUSD	1.12346	GBPUSD	1.33569	AUDUSD	0.6454
USDJPY	144.932	USDCAD	1.39579	USDCHF	0.83493

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Sensex, Nifty Little Changed In Lackluster Trade