Sensex, Nifty Seen Opening Flat On Muted Global Cues

RTTNews | 676 дней спустя
Sensex, Nifty Seen Opening Flat On Muted Global Cues

(RTTNews) - Indian shares may open a tad lower on Monday, tracking weak cues from global markets. The latest batch of corporate earnings, RBI's interest-rate decision and the release of industrial output data may attract investor attention as the week progresses.

Adani Ports, BEML, Biocon, Coal India, DLF, Grasim Industries, Hindalco, IRCTC, NHPC, NMDC, Oil India, ONGC, Tata Chemicals and Zee Entertainment Enterprises are among the top companies due to unveil their quarterly earnings this week.

Asian markets were mostly lower this morning as investors looked ahead to the release of U.S. inflation data as well as China's inflation and trade figures this week for direction.

Meanwhile, a mixed U.S. jobs report kept investors guessing on the Fed policy outlook, with some economists favoring a September pause.

The dollar was on the back foot in Asian trading while oil and gold prices were little changed.

U.S. stocks fluctuated before ending lower on Friday as Apple reported another quarter of declining revenue and U.S. jobs growth came in weaker than forecast in July.

Data showed non-farm payroll employment rose by 187,000 jobs in July while economists had expected an increase of 200,000 jobs.

Downward revisions to jobs data in May and June suggested that demand for labour was slowing.

The Dow and the tech-heavy Nasdaq Composite both slid around 0.4 percent while the S&P 500 dropped half a percent.

European stocks ended on a firm note Friday after a three-day sell-off. The pan European STOXX 600 inched up 0.3 percent.

The German DAX edged up 0.4 percent, France's CAC 40 climbed 0.8 percent and the U.K.'s FTSE 100 added half a percent.

read more
Yen Rises Against Most Majors

Yen Rises Against Most Majors

The Japanese yen strengthened against most major currencies in the Asian session on Friday.
RTTNews | 51 минут назад
European Shares Set For Gap-down Open

European Shares Set For Gap-down Open

European shares are seen opening sharply lower on Friday as trade uncertainties and escalating geopolitical tensions sparked flight to safety.
RTTNews | 1ч 30мин назад
European Economic News Preview: Eurozone Industrial Output, Trade Data Due

European Economic News Preview: Eurozone Industrial Output, Trade Data Due

Industrial production and foreign trade from the euro area and final inflation figures from Germany and France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices and wholesale prices for May. The flash estimate showed that consumer price inflation remained unchanged at 2.1 percent.
RTTNews | 2ч 18мин назад
Australian Market Doubles Early Losses In Mid-market

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early loses in mid-market moves on Friday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,550 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 3ч 51мин назад