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Sensex, Nifty Marginally Lower In Early Trade; PSU Stocks Outperform
(RTTNews) - Indian shares struggled for direction in early trade on Wednesday, tracking mixed cues from other Asian markets as uncertainty prevails over Trump's tariff plans.
Also, the latest FOMC meeting minutes indicated that U.S. monetary policy decisions were not on a "preset course and were conditional on the evolution of the economy and the implications for the economic outlook and the balance of risks."
The benchmark 30-share Sensex was down 61 points at 79,942, while the broader NSE Nifty index was down 30 points at 24,164.
Among the prominent decliners, Tata Consumer Products, Bharti Airtel, Tata Steel, Cipla and IndusInd Bank were down around 1 percent each.
PSU stocks traded higher, with BEL and Coal India both rising around 1.5 percent.
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Swiss Market Settles Marginally Higher
The Switzerland market ended marginally up on Tuesday after a choppy ride, with investors mostly making their moves, reacting to recent earnings updates.
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Pred 1 h 32 min
European Stocks Close Broadly Higher On Fed Rate Cut Hopes, Easing Trading Tensions
European stocks closed broadly higher on Tuesday amid easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.
Expectations of a rate cut by the Federal Reserve in September contributed as well to the positive show by most of the markets in Europe.
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Pred 1 h 52 min
Canadian Market Modestly Higher
The Canadian market is up in positive territory around early afternoon on Tuesday, supported by gains in communications, healthcare, financials and technology sectors. Easing trade tensions, and expectations of an interest rate cut by the Federal Reserve next month appear to be aiding sentiment.
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Pred 2 h 29 min
UK Labor Market Cools In Q2
The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.
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Pred 5 h 52 min
U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.
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Pred 6 h 4 min
Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health
Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates. Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform
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Pred 6 h 28 min
U.S. Consumer Prices Increase In Line With Estimates In July
Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday.
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Pred 6 h 48 min
German ZEW Economic Confidence Deteriorates On Trade Deal
Economic sentiment in Germany deteriorated sharply in August due to the disappointing trade agreement reached with the United States, and also due to the declining economic output in the second quarter, results of the monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment plummeted to a three-month low of 34.7 in August.
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Pred 7 h 23 min
