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Sensex, Nifty Edge Lower On Tepid Global Cues; IT Stocks Slip On Weak US Data
(RTTNews) - Indian shares struggled for direction on Tuesday, tracking sluggish cues from global markets.
The benchmark S&P BSE Sensex was virtually unchanged at 62,793 in early trade while the broader NSE Nifty index was marginally higher at 18,603.
IT stocks traded weak, with TCS, Wipro, HCL Technologies, Infosys and Tech Mahindra falling 1-2 percent after new data showed the U.S. services sector was cooling.
Adani Enterprises rose about 1 percent after the group repaid loans totalling $2.65 bn to complete the prepayment program.
Asian Paints, Grasim, Kotak Mahindra Bank, Titan Company and UltraTech Cement were up 1-2 percent.
Capacite Infraprojects jumped 5 percent ahead of a board meet to consider fund raising.
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European Shares May Struggle At Open
European stocks are seen opening little changed on Wednesday, with U.S. fiscal concerns, geopolitical tensions and the Fed outlook likely to be in focus.
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Pred 19 minútami
European Economic News Preview: UK Inflation Data Due
Consumer price data from the UK is the only major report due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for April. Consumer price inflation is forecast to rise to 3.3 percent from 2.6 percent in March.
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Pred 33 minútami
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Wednesday.
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Pred 44 minútami
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
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Pred 1 h 9 min
Sensex, Nifty Marginally Higher In Lackluster Trade
Indian shares were modestly higher in early trade on Wednesday, after having suffered heavy losses in the previous session amid rising geopolitical tensions, growing concerns over U.S. debt and a spike in Covid-19 cases in Southeast Asia.
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Pred 1 h 47 min
Australian Market Extends Early Gains In Mid-market
The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding the gains in the previous session, with the benchmark S&P/ASX 200 staying just below the 8,400 level, despite the broadly negative cues from Wall Street overnight, with gains in mining, financial and energy stocks partially offset by weakness in technology stocks.
RTTNews
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Pred 2 h 26 min
Asian Markets Mostly Higher
Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Major currencies in the region have also strengthened against the US dollar. Asian markets closed mostly higher on Tuesday.
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Pred 2 h 44 min
Sensex, Nifty Set For Muted Start
Indian shares look set to open a tad higher on Wednesday, tracking firm cues from other Asian markets.
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Pred 3 h 24 min
