Sensex, Nifty Give Up Early Gains In Choppy Trade

RTTNews | 1121 dagar sedan
Sensex, Nifty Give Up Early Gains In Choppy Trade

(RTTNews) - Indian shares fluctuated before finishing marginally lower on Thursday, snapping a six-day winning streak.

Trading was volatile on account of the weekly futures & options expiry and ongoing U.S-China tensions over House of Representatives Speaker Nancy Pelosi's visit to Taiwan.

China said that it conducted "precision missile strikes" in the Taiwan Strait as part of military exercises that have raised tensions in the region to their highest level in decades.

Investors also awaited the outcome of the RBI policy meeting on Friday, with economists factoring in a 35-50 bps rate hike to rein in inflation.

The benchmark S&P BSE Sensex ended the session down 51.73 points, or 0.09 percent, at 58,298.80 while the broader NSE Nifty index slipped 6.15 points, or 0.04 percent, to settle at 17,382.

SBI, Shree Cement, Coal India, Tata Consumer Products and NTPC fell 2-3 percent in the Nifty pack, while Infosys, Sun Pharma, Nestle India and Cipla climbed 2-3 percent.

Adani Power rallied 1.5 percent after reporting a 17-fold jump in quarterly profit.

read more
European Shares Drift Lower Ahead Of US Inflation Reading

European Shares Drift Lower Ahead Of US Inflation Reading

European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.
RTTNews | 1h 16minuter sedan
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
RTTNews | 1h 17minuter sedan
Asian Shares Mixed Ahead Of US PCE Inflation Data

Asian Shares Mixed Ahead Of US PCE Inflation Data

Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.
RTTNews | 1h 33minuter sedan
European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 4h 31minuter sedan
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 6h 35minuter sedan