Sensex, Nifty Tumble As Trade Worries Return To Haunt

RTTNews | Pred 7 dňami
Sensex, Nifty Tumble As Trade Worries Return To Haunt

(RTTNews) - Indian shares opened on a sluggish note Monday, with concerns over global trade and tariffs keeping investors on edge.

U.S. President Donald Trump accused China of violating their agreement and announced plans to double the tariffs on steel and aluminum imports to 50 percent in a clear message that the tariff and trade scenario will continue to be uncertain and turbulent.

Escalating tensions between Russia and Ukraine also curbed investors' appetite for risk.

The benchmark S&P BSE Sensex slumped 767 points, or 0.9 percent, to 80,684 in early trade while the broader NSE Nifty index fell 204 points, or 0.8 percent, to 24,548.

Among the prominent decliners, Tech Mahindra, HCL Technologies and HDFC Bank were down around 2 percent each.

Tata Motors dropped 1 percent on reporting 9 percent drop in May sales.

Dr Reddy's Laboratories fell about 1 percent amid an ongoing patent infringement suit filed by Novo Nordisk A/S over the patent of blockbuster diabetes medication.

EaseMyTrip fell nearly 2 percent after posting a sharp 59 percent QoQ decline in net profit for Q4 of FY25.

Apollo Hospitals rallied 2.3 percent on reports that it plans to sell its maternity and infant care unit.

read more
FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.
RTTNews | Pred 33 minútami
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices.. The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.
RTTNews | Pred 2 h 25 min
FTSE 100 Down Marginally At Noon

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.
RTTNews | Pred 3 h 37 min
CAC 40 Down Slightly In Lackluster Trade

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.
RTTNews | Pred 3 h 58 min
DAX Down Over 0.5% In Cautious Trade

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
RTTNews | Pred 4 h 19 min
Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold
RTTNews | Pred 4 h 57 min