Indian Shares Little Changed In Lackluster Trade

RTTNews | 1077 dagar sedan
Indian Shares Little Changed In Lackluster Trade

(RTTNews) - Indian shares fluctuated in a narrow range on Friday, as investors awaited the release of all-important U.S. jobs data for August later in the day for clues on the size of the Federal Reserve's next interest-rate hike.

The benchmark S&P/BSE Sensex was marginally higher at 58,771, while the broader NSE Nifty index was down 10 points at 17,533.

Apollo Hospitals rose nearly 3 percent after it partnered with Africa's Eclipse Group to set up a cancer institute in Tanzania.

NTPC added 2 percent as it received shareholder nod to raise up to Rs 12,000 crore through issuance of non-convertible debentures on a private placement basis.

TVS Motor Company advanced 1.8 percent on reporting a 15 percent rise in sales in August.

Eicher Motors gained 1 percent after it logged a 53 percent jump in motorcycle sales in August.

Adani Enterprises edged up slightly on news it will replace Shree Cement in the Nifty-50 index from 30 September. Shares of the latter were down 1 percent.

ONGC, Hindalco, IndusInd Bank and BPCL all were down over 1 percent.

HDFC slid half a percent on fund raising reports.

Hero MotoCorp declined half a percent after reporting a marginal rise in monthly sales.

read more
Swiss Market Ends Modestly Higher After Mild Struggle

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
RTTNews | 1h 21minuter sedan
Major European Markets Close On Positive Note

Major European Markets Close On Positive Note

Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
RTTNews | 1h 37minuter sedan
U.S. Producer Price Growth Far Exceeds Estimates In July

U.S. Producer Price Growth Far Exceeds Estimates In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
RTTNews | 4h 5minuter sedan
U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.
RTTNews | 4h 37minuter sedan
UK GDP Rises More Than Expected

UK GDP Rises More Than Expected

The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday. Although the rate was stronger than the expected growth of 0.1 pe
RTTNews | 5h 18minuter sedan
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.
RTTNews | 5h 49minuter sedan
S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.
RTTNews | 5h 53minuter sedan