Sensex, Nifty End Marginally Lower In Rangebound Trade

RTTNews | 254 dias atrás
Sensex, Nifty End Marginally Lower In Rangebound Trade

(RTTNews) - Indian shares fluctuated in a narrow range before finishing marginally higher on Wednesday.

A cautious undertone prevailed as traders closely monitored escalating violence in Syria and awaited key U.S. inflation readings this week that could influence the Fed's rate trajectory.

The benchmark S&P/BSE Sensex ended the session up 16.09 points, or 0.02 percent, at 81,526.14 amid optimism surrounding potential stimulus measures from China. The broader NSE Nifty index closed at 24,641.80, up 31.75 points, or 0.13 percent, from its previous close.

Hero MotoCorp, Shriram Finance, Britannia Industries, Bajaj Finance and Trent rose 1-2 percent in the Nifty pack while Adani Ports and JSW Steel both fell over 1 percent.

read more
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
RTTNews | 3 h 40 min atrás
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
RTTNews | 5 h 48 min atrás
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews | 10 h 10 min atrás
U.S. Dollar Rises Ahead Of Fed's Powell Speech

U.S. Dollar Rises Ahead Of Fed's Powell Speech

The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews | 10 h 14 min atrás
CAC 40 Up Slightly In Lackluster Trade

CAC 40 Up Slightly In Lackluster Trade

French stocks are mostly subdued on Friday with investors refraining from making significant moves, choosing to wait for key speeches from central bank chiefs at the Jackson Hole Symposium. The focus is on Fed Chair Jerome Powell's speech for clues about interest rate cuts in September.
RTTNews | 10 h 32 min atrás