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Sensex, Nifty Recover Early Losses To Finish Marginally Higher

RTTNews | 743 dagar sedan

Sensex, Nifty Recover Early Losses To Finish Marginally Higher

(RTTNews) - Indian shares recovered from an early slide to end slightly higher on Monday, with gains in European markets and U.S. stock futures lending some support.

Markets fell sharply earlier in the day amid signs of escalating tensions in the Black Sea and mounting concerns around County Garden, a major property developer in China.

A spike in the dollar index and bond yields also spurred risk aversion after Friday's stronger-than-expected producer price data from the United States stoked concerns about the possibility of U.S. interest rates rising further.

The benchmark S&P BSE Sensex hit an intraday low of 64.821.88 before recovering to end the session up 79.27 points, or 0.12 percent, at 65,401.92.

The broader NSE Nifty index settled 6.25 points, or 0.03 percent, higher at 19,434.55, after having hit a low of 19,257.90 earlier in the day.

The rupee slipped on broad dollar strength and ahead of key wholesale and consumer inflation data for July, due later in the day.

Metal, financial and Adani Group stocks were among the prominent decliners, with Adani Ports, SBI, Hindalco, JSW Steel and Adani Enterprises falling 2-4 percent.

On the positive side, Reliance Industries, Hindustan Unilever, LTMindTree, Infosys and Divis Laboratories rose 1-2 percent.

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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 | 1h 28minuter 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 | 1h 39minuter 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 | 2h 58minuter 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 | 3h 3minuter 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 | 3h 26minuter 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 | 3h 50minuter 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 | 5h 13minuter 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 | 5h 18minuter sedan

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