Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | 597 dni temu
Stocktwits
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction on Tuesday, tracking weak cues from global markets amid concerns over China's property sector and the possible impact of high oil prices on inflation and interest rates.

The benchmark S&P BSE Sensex was down 6 points at 66,017 in early trade while the broader NSE Nifty index was up 12 points at 19,686.

Larsen & Toubro rose about 1 percent after its first-ever share buyback received stupendous response, being subscribed 7.2 times.

Tata Steel rallied 2 percent after Moody's Investors Service upgraded its long-term issuer rating to Baa3.

Sheela Foam advanced 1.3 percent after completing a QIP issue.

Wipro was little changed after selling a 14-acre plot of land and building in Chennai for Rs. 266.38 crore.

Strides Pharma fell 2.4 percent after it decided to spin off its contract manufacturing business OneSource.

Fortis Healthcare gained 0.7 percent after it received board approval to acquire 100 percent stake in Artistery Properties Private Ltd for Rs. 32 crores.

RPP Infra jumped 5 percent on winning news orders worth Rs. 482.37 crores. Mangalore Chemicals declined 1.2 percent after it has shut down its ammonia and urea plants for planned maintenance.

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Commodity Currencies Slide, Yen Rises Amid Cautious Trade

Commodity Currencies Slide, Yen Rises Amid Cautious Trade

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.
RTTNews | 2g 22 minut temu
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 4g 38 minut temu
European Markets Seen Opening Weak On Thursday

European Markets Seen Opening Weak On Thursday

Stock markets in Europe are expected to open on a weak note on Thursday amidst fading enthusiasm regarding the de-escalation in global trade tensions. Absence of fresh catalysts on the trade front, a cooling tech rally as well as anxiety ahead of a speech by Fed Chair Jerome Powell are also expected to keep market sentiment muted.
RTTNews | 4g 38 minut temu
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

First quarterly GDP estimates and foreign trade from the UK and flash GDP and employment from the euro area are the major reports due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK GDP, industrial output and foreign trade figures. The economy is expected to remain flat on month in March after expanding 0.5 percent in February.
RTTNews | 5g 49 minut temu
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