Sensex, Nifty Seen Tad Lower At Open

RTTNews | 552 dias atrás

(RTTNews) - Indian shares are seen opening lower on Friday as investors react to mixed earnings from Grasim, LIC and Zomato.

Telecom stocks could be in focus today after the Union Cabinet approved an auction of telecom spectrum this year for airwaves amounting to a cumulative reserve price of Rs. 96,317.65 crore.

Benchmark indexes Sensex and Nifty fell around 1 percent each on Thursday and the rupee settled on a flat note at 82.96 against the dollar after the Reserve Bank of kept its key interest rate unchanged for a sixth consecutive meeting.

Asian stocks traded mixed this morning, with markets in China, Indonesia, Taiwan and South Korea closed for public holidays.

The dollar edged towards a fourth weekly advance while the Japanese yen wallowed near a 10-week low.

Gold held steady while oil dipped slightly after rallying over 2 percent on Thursday to extend gains for a fourth straight session amid signs of a broadening conflict in the Middle East.

U.S. stocks eked out modest gains overnight as investors reacted to better-than-expected earnings, fresh Fed comments and higher yields following a large auction of 30-year government bonds.

In economic releases, data showed applications for U.S. unemployment benefits fell for the first time in three weeks.

The S&P 500 touched the milestone of 5,000 for the first time and set a record high before finishing marginally higher.

The Dow and the tech-heavy Nasdaq Composite edged up 0.1 percent and 0.2 percent, respectively.

European stocks closed mixed on Thursday amid heightened geopolitical tensions and growing risks of deflation in China due to weaker-than-expected economic recovery.

The pan European STOXX 600 finished marginally lower. The German DAX rose 0.3 percent and France's CAC 40 climbed 0.7 percent while the U.K.'s FTSE 100 slipped 0.4 percent.

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.

RTTNews | 21 minutos atrás

UK GDP Rises More Than Expected

The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday. Although the rate was stronger than the expected growth of 0.1 pe

RTTNews | 1 h 2 min atrás

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.

RTTNews | 1 h 33 min atrás

S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.

RTTNews | 1 h 37 min atrás

U.S. Producer Prices Jump Much More Than Expected In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday.

RTTNews | 1 h 47 min atrás

U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower

The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th.

RTTNews | 1 h 53 min atrás

Pound Rises On Upbeat U.K. GDP Data

The British pound strengthened against most major currencies in the European session on Thursday, as the U.K. economy rebounded at a faster-than-expected pace in June.

RTTNews | 3 h 6 min atrás

Deere Stock Drops On Revised FY25 Outlook, Even As Q3 Beats Street

Deere & Co. shares were losing around 8 percent in the pre-market activity on the NYSE, after the firm on Thursday trimmed the higher end of its fiscal 2025 profit outlook range after reporting weak results in its third quarter. The farm and construction equipment manufacturer noted that its customers remain cautious amid ongoing uncertainty. Meanwhile, quarterly earnings per share and top line be

RTTNews | 3 h 22 min atrás

EURUSD	1.16622	GBPUSD	1.35479	AUDUSD	0.64987
USDJPY	147.422	USDCAD	1.37952	USDCHF	0.80772