Sensex, Nifty Struggle For Direction; Financials Underperform

RTTNews | Pred 263 dňami
Sensex, Nifty Struggle For Direction; Financials Underperform

(RTTNews) - Indian shares struggled for direction in early trade on Monday despite Wall Street's main indexes inching higher to reach new record closing highs in a shortened Black Friday trading session.

Investors sentiment was dented after India's Q2 GDP data came in much lower at 5.4 percent against the estimate of 6.5 percent.

Global factors like political uncertainty in France, Donald Trump seeking a commitment from the BRICS nations on using the dollar and a mixed set of economic data from China also weighed on sentiment.

The benchmark S&P/BSE Sensex was down 60 points at 79,743 while the broader NSE Nifty index was up 5 points at 24,135.

Grasim, Adani Ports, UltraTech, Shriram Finance and Maruti Suzuki India all rose about 2 percent in the Nifty pack while HDFC Bank, Cipla, Bajaj Finance, IndusInd Bank and HDFC Life all fell around 1 percent.

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Swiss Market Ends Weak

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RTTNews | Pred 5 h 54 min
European Stocks Close On Mixed Note Again

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RTTNews | Pred 6 h 10 min
Eurozone Consumer Confidence Weakens More Than Expected In August

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Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | Pred 6 h 58 min
U.S. Leading Economic Index Edges Down In Line With Estimates In July

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RTTNews | Pred 8 h 53 min
U.S. Existing Home Sales Unexpectedly Rebound In July

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The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews | Pred 9 h 3 min