Sensex, Nifty Subdued As Financials Drag

RTTNews | 837 days ago
Sensex, Nifty Subdued As Financials Drag

(RTTNews) - Indian shares were a tad lower on Friday, tracking muted cues from global markets.

The benchmark S&P BSE Sensex slipped 67 points, or 0.1 percent, to 57,858 in early trade, while the broader NSE Nifty index was down 30 points, or 0.2 percent, at 17,046.

Financials were coming under selling pressure, with Bajaj Finance, Bajaj FinServ, SBI Life and HDFC Life falling 1-3 percent.

On the positive, side, IT and Adani Group stocks were seeing modest gains.

Maruti Suzuki India and Tata Motors were little changed after hiking vehicle prices.

Bajaj Hindusthan Sugar gained 1.4 percent after it acquired stakes in two companies. Punjab National Bank edged up slightly on fund raising reports.

Campus Activewear slumped 5.6 percent. TPG Global plans to offload its entire 7.6 percent stake in the company through block deals.

Emami traded flat ahead of a board meet today to consider buyback of shares.

Rail Vikas Nigam rose over 1 percent after its joint venture secured an order worth Rs 250 crore to upgrade a highway in Gujarat.

Bharat Electronics rose half a percent on winning 2 contracts worth Rs 3,800 crore for supply of medium power radar and digital radar warning receiver for the Indian Air Force.

read more
Swiss Market Settles Marginally Up

Swiss Market Settles Marginally Up

Despite spending much of the day's trading session in negative territory, the Switzerland market closed marginally higher on Tuesday thanks to some brisk buying in the final minutes.
RTTNews | 1h 45min ago
European Markets Close On Positive Note

European Markets Close On Positive Note

European markets closed on a positive note on Tuesday, as investors shrugged off concerns about tariffs and picked up stocks, amid hopes major European countries will strike trade deals with the U.S. before the newly announced August 1 deadline.
RTTNews | 2h 6min ago
UK Stocks Turning In Mixed Performance In Cautious Trade

UK Stocks Turning In Mixed Performance In Cautious Trade

U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
RTTNews | 10h 43min ago
CAC 40 Slightly Lower In Lackluster Trade

CAC 40 Slightly Lower In Lackluster Trade

French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
RTTNews | 11h 30min ago
Australia Central Bank Unexpectedly Maintains Status Quo

Australia Central Bank Unexpectedly Maintains Status Quo

The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
RTTNews | 11h 41min ago