Sensex, Nifty Nosedive On Inflation, Recession Fears

RTTNews | 63 dagar sedan
Sensex, Nifty Nosedive On Inflation, Recession Fears

(RTTNews) - Indian shares plummeted on Monday, tracking weak cues from global markets as White House officials showed no sign of backing away from their sweeping tariff plans.

The benchmark S&P/BSE Sensex was down 2,720 points, or 3.6 percent, at 72,620 after tariff woes and fears of a recession wiped out nearly $6 trillion in value from U.S. stocks last week.

The broader NSE Nifty index fell 880 points, or 3.8 percent, to 22,025.

Selling was seen across the board, with IndusInd Bank, Mahindra & Mahindra, Kotak Mahindra Bank, Reliance Industries, TCS, Adani Ports, Infosys, Tech Mahindra, Larsen & Toubro, HCL Technologies and Tata Steel falling 4-9 percent.

ONGC and Oil India slumped more than 6 percent each as the price of crude oil extended losses after plummeting to its lowest levels in over three years on demand concerns.

Tata Motors plunged 8.5 percent as JLR haled its exports to the U.S. for one month due to a 25 percent import tariff imposed by the Trump administration.

FSN E-Commerce Ventures (Nykaa) fell 2.3 percent despite the company forecasting strong growth in Q4 of FY25.

Godrej Properties tumbled 5.8 percent after announcing a major expansion of its Mumbai portfolio with a new project in the sought-after area of Versova.

Mazagon Dock Shipbuilders declined 8 percent as the government said it will offer an additional 47.69 lakh shares (1.18 percent stake) in Mazagon Dock's offer-for-sale.

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 | 42 minuter sedan
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 | 2h 34minuter sedan
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 | 3h 45minuter sedan
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 | 4h 7minuter sedan
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 | 4h 27minuter sedan
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 | 5h 5minuter sedan