Sensex, Nifty Marginally Higher After Recent Losses

RTTNews | Pred 5 h 7 min
Sensex, Nifty Marginally Higher After Recent Losses

(RTTNews) - Indian shares were flat to slightly higher on Tuesday, tracking muted cues from other Asian markets as a U.S. government shutdown loomed.

The benchmark BSE Sensex was up 60 points at 80,425 in early trade, after having fallen for seven consecutive sessions. The broader NSE Nifty index edged up by 23 points to 24,662.

Bharat Electronics gained 1.3 percent on securing new orders worth Rs. 1,092 crore over the past 15 days.

Reliance Power rose about 1 percent after it has entered into an agreement to divest its entire shareholding in five Indonesian coal companies for a total value of $12 million.

Larsen & Toubro fell about 1 percent after obtaining a $700 million Sustainability-Linked Trade Facility (SLTF) from Standard Chartered.

JSW Infra declined 1.4 percent after receiving GST show cause notice over alleged tax violations totaling Rs. 96.58 crore.

Tata Motors edged down slightly as Moody's Ratings revised its outlook to negative from positive.

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ADB Trims Developing Asia's Growth Outlook

ADB Trims Developing Asia's Growth Outlook

The Asian Development Bank trimmed developing Asia's growth outlook citing the impact of higher US trade tariffs on exports. Developing Asia is forecast to grow 4.8 percent this year, down from the previous outlook of 4.9 percent, the ADB said in its Asian Development Outlook, released Tuesday. Similarly, the projection for next year was downgraded to 4.5 percent from 4.7 percent.
RTTNews | Pred 32 minútami
European Shares Edge Lower In Lackluster Trade

European Shares Edge Lower In Lackluster Trade

European stocks traded lower on Tuesday due to uncertainty around U.S. President Donald Trump's trade tariffs and U.S. government shutdown fears amid a partisan deadlock in Congress over spending and healthcare leaves.
RTTNews | Pred 33 minútami
Asian Shares Mixed On US Shutdown Fears

Asian Shares Mixed On US Shutdown Fears

Asian stocks ended mixed on Tuesday as investors fretted over a possible U.S. government shutdown, which could start Tuesday midnight (local time) if Congress fails to reach an agreement.
RTTNews | Pred 1 h 0 min
Australian Dollar Rises After RBA Rate Decision

Australian Dollar Rises After RBA Rate Decision

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia retained its interest rate, as widely expected, after lowering it in August.
RTTNews | Pred 1 h 5 min
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | Pred 1 h 38 min
UK GDP Growth Slows As Estimated

UK GDP Growth Slows As Estimated

The UK economy grew at a slower pace in the second quarter as increases in services and construction were partially offset by the contraction in production, the Office for National Statistics reported Tuesday. Real gross domestic product expanded by an unrevised 0.3 percent in the second quarter, following a quarterly growth of 0.7 percent in the first quarter.
RTTNews | Pred 2 h 44 min
European Economic News Preview: Germany Unemployment, Inflation Data Due

European Economic News Preview: Germany Unemployment, Inflation Data Due

Unemployment and flash consumer prices from Germany and revised GDP from the UK are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes revised UK GDP data. The preliminary estimate showed that the economy expanded 0.3 percent after rising 0.7 percent in the first quarter.
RTTNews | Pred 3 h 54 min