Sensex, Nifty Open Lower On US Rate Worries

RTTNews | 643天前
Sensex, Nifty Open Lower On US Rate Worries

(RTTNews) - Indian shares opened on a sluggish note Thursday, mirroring weak cues from global markets as stronger-than-expected U.S. services sector data fueled concerns that U.S. interest rates may stay higher for longer.

The benchmark S&P BSE Sensex was down 170 points, or 0.3 percent, at 65,710 while the broader NSE Nifty index was down 53 points, or 0.3 percent, at 19,558.

Tata Consumer Products declined 2.4 percent after denying reports that it is in talks to acquire a majority 51 percent stake in the snack and sweet brand Haldiram.

Reliance Industries edged down slightly after its retail arm, Reliance Retail Ventures, acquired a majority stake in actor Alia Bhatt's sustainable fashion clothing brand for kids and maternity wear, Ed-a-Mamma.

TCS was little changed after signing a strategic partnership valued at £800 million (about $1 billion) with the digital unit of Jaguar Land Rover.

REC jumped nearly 3 percent after it raised $1.15 billion in August in two tranches from a consortium of six banks.

MIC Electronics rose about 2 percent on fund raising reports.

Power Finance Corporation advanced 2.7 percent after fixing Sept 21st as the record date for its 1:4 bonus issue.

PNC Infratech slid half a percent on news it would settle a NHAI dispute with a one-time settlement of Rs 107.17 crore.

read more
Asian Shares Climb On Trade Talk Optimism

Asian Shares Climb On Trade Talk Optimism

Asian stocks advanced on Wednesday after top U.S. and Chinese officials said they have reached a framework to implement the Geneva consensus, following two days of discussions in London.
RTTNews | 20分鐘前
Commodity Currencies Slide Amid Crude Oil Price Drop

Commodity Currencies Slide Amid Crude Oil Price Drop

The commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid crude oil price drop, as markets awaited the outcome of US-China trade talks, which have yet to be approved by President Donald Trump, with China's poor oil demand and OPEC+ output increases weighing on the market.
RTTNews | 47分鐘前
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
RTTNews | 3小時17分鐘前
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 4小時29分鐘前
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 5小時30分鐘前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | 5小時54分鐘前
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 6小時23分鐘前
Thai Bourse May Extend Tuesday's Gains

Thai Bourse May Extend Tuesday's Gains

The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | 6小時54分鐘前