Sensex, Nifty Marginally Lower As Trade Talks Continue

RTTNews | 2 hari yang lalu
Sensex, Nifty Marginally Lower As Trade Talks Continue

(RTTNews) - Indian shares were marginally lower in early trade on Thursday after U.S. President Donald Trump signaled that a new trade deal could be inked soon with India.

His statement comes at a time when both countries' commerce ministry officials are prepping for another round of trade talks.

The benchmark 30-share BSE Sensex was down 70 points at 82,563 while the broader NSE Nifty index dipped 25 points to 25,186.

Wipro fell about 1 percent ahead of its earnings release. Reliance Power dropped 1.3 percent and Reliance Infrastructure declined 1.4 percent on fund raising reports.

Tech Mahindra was down 1.3 percent after reporting a marginal fall in June quarter revenue.

State Bank of India was little changed after launching a Rs. 25,000- crore share sale to institutional investors.

LT Foods advanced 1.6 percent after opening an organic food processing facility in Rotterdam.

Kalpataru Projects International rallied 2 percent on securing new orders worth Rs 2,293 crores.

Godrej Properties added 1 percent after it acquired 50 acres of land in Raipur to sell housing plots in this upcoming project.

Hindustan Zinc rose half a percent after bagging a potash block in Rajasthan.

read more
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

Despite a couple of setbacks during the day's session, the Switzerland market managed to close modestly higher on Friday thanks to a few frontline stocks finding good support towards the closing minutes.
RTTNews | 18j 13min yang lalu
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

Despite some fairly strong earnings updates, European stocks turned in a subdued performance on Friday on reports the U.S. President Donald Trump is looking to impose at least 15 to 20% tariffs on goods imported from the European Union irrespective even if a trade deal is arrived at.
RTTNews | 18j 36min yang lalu
TSX Retreats After Hitting New High

TSX Retreats After Hitting New High

The Canadian market is down in negative territory in early afternoon trades on Friday, with stocks from communications, industrials and consumer discretionary sectors under pressure. However, the downside is limited as tariff concerns have eased a bit on reports that trade talks between Canada and South American countries, including Brazil and Argentina are in advanced stages.
RTTNews | 19j 26min yang lalu
U.S. Consumer Sentiment Reaches Five-Month High In July

U.S. Consumer Sentiment Reaches Five-Month High In July

After reporting a substantial rebound by U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a more modest improvement by consumer sentiment in the month of July. The University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Economists had expected the index to rise to 61.5.
RTTNews | 21j 38min yang lalu
U.S. Housing Starts Rebound More Than Expected In June

U.S. Housing Starts Rebound More Than Expected In June

New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said housing starts surged by 4.6 percent to an annual rate of 1.321 million in June after plunging by 9.7 percent to a revised rate of 1.263 million in May.
RTTNews | 22j 37min yang lalu