Advertisement
Sensex, Nifty See Modest Gains In Cautious Trade
(RTTNews) - Indian shares were seeing modest gains in cautious trade on Monday despite weak cues from global markets.
The benchmark S&P BSE Sensex jumped 160 points, or 0.3 percent, to 61,497 in early trade, while the broader NSE Nifty index was up 44 points, or 0.2 percent, at 18,313.
Bajaj Auto, Nestle India, ITC, Bharti Airtel and Power Grid Corp rose 1-2 percent in the Nifty pack, while Tata Motors, Sun Pharma, ONGC, BPCL and Infosys all fell around 1 percent.
Yes Bank shares gained 1 percent. The private sector lender has concluded the transfer of the identified stressed loan portfolio worth Rs 48,000 crore to Asset Reconstruction Company JC Flowers.
Ashoka Buildcon added 2 percent after its subsidiaries sold stake in Jaora Nayagaon Toll Road to NIIF.
read more
U.S. Dollar Falls As Weak Jobs Data Lifts Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for July strengthened expectations of a Fed rate cut in September.
RTTNews
|
2 h 26 min atrás
European Stocks Close Sharply Lower As Trump's Tariff Move Hurts Sentiment
European stocks tumbled on Friday, recording one of their worst sessions in several months, as sweeping fresh tariffs announced by U.S. President Donald Trump raised fears of a global economic slowdown, prompting investors to press selling across the board.
RTTNews
|
5 h 46 min atrás
Canadian Market Remains Firmly Down In Negative Territory On Tariff Worries
The Canadian market got off to a weak start Friday morning and slipped deeper into the red subsequently, as U.S. President Donald Trump's sweeping tariff announcement rendered the mood bearish.
RTTNews
|
7 h 18 min atrás
U.S. Construction Spending Unexpectedly Sees Further Downside In June
The Commerce Department released a report on Friday unexpectedly showing a continued decrease by U.S. construction spending in the month of June. The report said construction spending fell by 0.4 percent to an annual rate of $2.136 trillion in June after sliding by 0.5 percent to a revised rate of $2.144 trillion in May.
RTTNews
|
8 h 31 min atrás
U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved marginally less than previously estimated in the month of July. The University of Michigan said its consumer sentiment index for July was downwardly revised to 61.7 from a preliminary reading of 61.8. Economists had expected the index to be upwardly revised to 62.0.
RTTNews
|
8 h 35 min atrás
U.S. Manufacturing Index Unexpectedly Dips To Nine-Month Low In July
Manufacturing activity in the U.S. unexpectedly contracted at a slightly faster rate in the month of July, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI edged down to 48.0 in July after inching up to 49.0 in June with a reading below 50 indicating contraction.
RTTNews
|
8 h 37 min atrás
Eurozone Inflation Steady At 2% ECB Target
Euro area consumer price inflation was unchanged at the European Central Bank's 2 percent target in July, easing the pressure for more easing. The harmonized index of consumer prices increased 2.0 percent year-on-year in July, the same rate of increase as seen in June. Inflation was forecast to ease marginally to 1.9 percent.
RTTNews
|
9 h 24 min atrás
U.S. Job Growth Misses Estimates In July, Previous Months' Numbers Revised Sharply Lower
Job growth in the U.S. fell well short of economist estimates in the month of July, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment rose by 73,000 jobs in July, while economists had expected employment to jump by 110,000 jobs.
RTTNews
|
9 h 32 min atrás
