Sensex, Nifty End Little Changed; Metal Stocks Surge

RTTNews | Pred 962 dňami
Sensex, Nifty End Little Changed; Metal Stocks Surge

(RTTNews) - Indian shares ended Monday's session little changed, tracking mixed global cues after robust U.S. jobs data released on Friday stirred anxiety over the pace of future rate increases.

Rallying oil prices also weighed on markets after OPEC+ decided to stick to its policy of lowering oil production.

The benchmark S&P BSE Sensex ended the session down 33.90 points, or 0.05 percent, at 62,834.60 - extending losses for a second straight session.

The broader NSE Nifty index edged up 4.95 points, or 0.03 percent, to close at 18,701.05.

Among the prominent decliners, Britannia Industries, Tech Mahindra, Tata Motors, Reliance Industries and Apollo Hospitals Enterprise fell 1-2 percent.

Metal stocks topped the gainers list after more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend.

Hindalco surged 4.5 percent while Coal India and Tata Steel climbed 2-3 percent.

ONGC added 2 percent, tracking higher oil prices as the G7 price cap of $60 per barrel and the EU import ban on Russian seaborne crude oil and oil products takes effect today.

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ECB Leaves Rates Unchanged As Expected

ECB Leaves Rates Unchanged As Expected

The European Central Bank held its key interest rates steady on Thursday, in line with expectations, as policymakers assessed that price pressures continue to ease, but acknowledged that the economic environment remains highly uncertain mainly due to the trade tariff wars.
RTTNews | Pred 32 minútami
UK Private Sector Growth Moderates On Services Activity

UK Private Sector Growth Moderates On Services Activity

UK private sector output continued to grow in July but the pace of expansion moderated as services activity lost momentum, flash survey results from S&P Global revealed on Thursday. The composite output index slid to 51.0 in July from 52.0 in June. The reading was also above the forecast of 51.9.
RTTNews | Pred 1 h 13 min
Bay Street Likely To Open On Mixed Note; Trade Talks, Earnings In Focus

Bay Street Likely To Open On Mixed Note; Trade Talks, Earnings In Focus

Canadian shares are likely to open on a mixed note Thursday morning with investors focusing on trade talks between Canadian and U.S. officials, and reacting to the latest batch of economic data. The focus will also be on U.S. President Donald Trump's visit to the Federal Reserve today. Ahead of next week's policy meeting of the Fed, the visit looks significant.
RTTNews | Pred 1 h 44 min
Eurozone Private Sector Growth At 11-Month High

Eurozone Private Sector Growth At 11-Month High

The euro area private sector grew at the fastest pace in almost a year in July as the recession in the manufacturing sector is coming to an end, flash survey results from S&P Global revealed Thursday. The HCOB composite output index posted 51.0 in July, up from 50.6 in the previous month. A score above 50.0 signals expansion.
RTTNews | Pred 1 h 47 min
Honeywell Lifts FY25 Outlook Above Markt After Q2 Beats Street

Honeywell Lifts FY25 Outlook Above Markt After Q2 Beats Street

Honeywell International Inc. (HON), which is preparing to separate into three public companies, on Thursday lifted its fiscal 2025 outlook for earnings and revenues after reporting higher second-quarter results above market estimates. In pre-market activity on the Nasdaq, Honeywell shares were losing around 1.4 percent.
RTTNews | Pred 3 h 8 min
FTSE 100 Up Nearly 1% On Encouraging Earnings Updates

FTSE 100 Up Nearly 1% On Encouraging Earnings Updates

U.K. stocks are up firmly in positive territory Thursday morning amid easing concerns about trade, as the U.S. and EU appear set to strike a deal sometime soon. Investors are also reacting to earnings updates and the latest batch of regional economic data.
RTTNews | Pred 3 h 42 min
Deutsche Bank Shares Up On Highest Q2 Profit Since 2007; Maintains FY25 Guidance

Deutsche Bank Shares Up On Highest Q2 Profit Since 2007; Maintains FY25 Guidance

Shares of Deutsche Bank AG were gaining around 7 percent in the morning trading in Germany and around 6 percent in the pre-market activity on the NYSE, after the banking major reported Thursday a net profit in its second quarter, compared to prior year's loss, mainly on the non-recurrence of a litigation provision, and higher revenues.
RTTNews | Pred 4 h 0 min