Reklāma

Sensex, Nifty Seen Tad Higher At Open

RTTNews | 17h 20min ago

(RTTNews) - Indian shares look set to open on a positive note Thursday despite mixed cues from global markets.

The latest batch of Q1 earnings and tariff-related headlines may sway sentiment as the session progresses.

On the earnings front, investors will react to Tech Mahindra Q1 earnings and await updates from Axis Bank, Wipro, Jio Financial Services, LTIMindtree and HDFC Asset Management Company later in the day.

Benchmark indexes Sensex and Nifty recovered from an early slide to end marginally higher on Wednesday. The rupee closed 12 paise lower at 85.94 against the dollar.

Foreign institutional investors (FIIs) net sold shares worth Rs. 1,795.23 crore on Wednesday, while domestic institutional investors (DIIs) net bought shares to the extent of Rs. 1,221.21 crore, according to provisional data.

Asian markets traded mixed this morning following weak trade data from Japan and escalating trade rhetoric, with U.S. President Donald Trump reaffirming his intention to impose a 25 percent tariff on Japanese imports, effective next month.

Traders also keep a close eye on escalating violence in southern Syria, where Israeli airstrikes targeted Syrian government forces for a second day amid clashes between Druze militias and government-aligned Bedouin fighters in Sweida.

Gold dipped to trade near $3,340 per ounce levels as the dollar recouped some of Wednesday's losses.

Oil traded higher in Asian trade, snapping a three-day losing streak after data showed a sharper-than-expected drop in U.S. crude inventories, highlighting tight supply.

Overnight, U.S. stocks rose in volatile trading as President Trump acknowledged discussing firing Fed Chair Jerome Powell with Republicans but denied a letter had been drafted to do that, helping ease Fed independence fears. "I think it's highly unlikely, unless he has to leave for fraud," Trump said.

In economic news, U.S. producer prices were unexpectedly unchanged in June while industrial production rose in the month for the first time in four months, separate set of data revealed.

The narrower Dow rose half a percent while the S&P 500 and the tech-heavy Nasdaq Composite both edged up by 0.3 percent.

European stocks fell for a fourth consecutive session on Wednesday after disappointing earnings updates from the likes of ASML Holdings and Renault.

The pan European STOXX 600 dipped 0.6 percent. The German DAX slipped 0.2 percent, France's CAC 40 shed 0.6 percent and the U.K.'s FTSE 100 eased 0.1 percent.

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Thursday, in line with markets across Europe, amid hopes the European Union and the U.S. will agree on a trade deal before the deadline. Positive reacting to some earnings updates also contributed to market's higher close.

RTTNews | 1h 46min ago

European Markets Snap Losing Streak, Close On Firm Note

European stocks rebounded from recent losses and closed higher on Thursday as optimism over EU-US trade deal, and some encouraging earnings news helped underpin sentiment.

RTTNews | 2h 10min ago

U.S. Business Inventories Remain Unchanged For Second Straight Month

Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories were virtually unchanged in May after also coming in flat in April. The unchanged reading matched economist estimates.

RTTNews | 4h 55min ago

U.S. Homebuilder Confidence Modestly Improves In July

A report released by the National Association of Home Builders on Thursday showed a modest improvement in homebuilder confidence in the U.S. in the month of July. The report said the NAHB/ Wells Fargo Housing Market Index inched up to 33 in July after slipping to 32 in June. The uptick matched economist estimates.

RTTNews | 5h 8min ago

Philly Fed Index Surges To Five-Month High In July

The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July. The Philly Fed said its diffusion index for current general activity surged to a positive 15.9 in July from a negative 4.0 in June, with a positive reading indicating growth.

RTTNews | 5h 31min ago

U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday. The Labor Department said import prices crept up by 0.1 percent in June after falling by a revised 0.4 percent in May.

RTTNews | 5h 48min ago

U.S. Retail Sales Rebound Much More Than Expected In June

Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales climbed by 0.6 percent in June after slumping by 0.9 percent in May. Economists had expected retail sales to inch up by 0.1 percent.

RTTNews | 5h 58min ago

U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Labor Department said initial jobless claims fell to 221,000, a decrease of 7,000 from the previous week's revised level of 228,000. Economists had expected jobless claims to rise to 235,000.

RTTNews | 6h 4min ago

EURUSD	1.15988	GBPUSD	1.34176	AUDUSD	0.64898
USDJPY	148.565	USDCAD	1.37462	USDCHF	0.80387