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Sensex, Nifty Finish Marginally Higher; IT Stocks Decline Ahead Of Earnings

RTTNews | 778 dagar sedan

Sensex, Nifty Finish Marginally Higher; IT Stocks Decline Ahead Of Earnings

(RTTNews) - Indian shares moved in a narrow range before finishing marginally higher on Monday as investors reacted to mixed U.S. jobs data and weak inflation readings from China.

Global cues were lackluster, limiting big movements on either side.

The benchmark S&P/BSE Sensex ended the session up 63.72 points, or 0.10 percent, at 65,344.17 while the broader NSE Nifty index settled 24.10 points, or 0.12 percent, higher at 19,355.90.

Among the top gainers, market heavyweight Reliance Industries jumped 3.9 percent after the announcement of record date for Jio Financials' demerger.

Metal stocks such as JSW Steel and Tata Steel rallied around 3 percent as weak consumer price and producer price inflation readings from China added to the case for policymakers to launch more stimulus.

IT stocks were among the worst hit, with HCL Technologies and TCS losing 3.1 percent and 1.6 percent, respectively ahead of their Q1 earnings results due this week.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 3h 7minuter sedan

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 3h 18minuter sedan

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 4h 37minuter sedan

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 4h 42minuter sedan

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 5h 5minuter sedan

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 5h 29minuter sedan

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 6h 52minuter sedan

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 6h 57minuter sedan

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