Sensex, Nifty Seen Tad Lower After Oil Price Surge

RTTNews | 682 dagar sedan

(RTTNews) - Indian shares look set to open lower on Monday as investors watch oil price movements and await more corporate earnings following a mixed batch of earnings updates from IT giants last week.

Bajaj Auto, Bajaj Finance, CEAT, HDFC Bank, Hindustan Unilever, ICICI Bank, IndusInd Bank, L&T Technology Services and Wipro are among the prominent companies due to unveil their quarterly earnings results this week.

Geopolitical developments will continue to remain on investors' radar as Israeli troops prepare for a ground assault on the Hamas-controlled Gaza Strip.

The U.S. and its allies are trying to avert wider Israel war after Iran warned that "the hands of all parties in the region are on the trigger."

Meanwhile, data shows that foreign investors have pulled out nearly Rs. 9,800 crores from Indian equities this month due to concerns over rising bond yields and the Middle East conflict.

Asian markets were seeing modest losses this morning after reports that the U.S. is looking to tighten sweeping measures to restrict China's access to advanced semiconductors and chipmaking gear.

Oil prices were little changed after having climbed nearly 6 percent on Friday as Middle East violence escalated.

The dollar held gains on safe-haven bids while gold fell from a one-month high ahead of key U.S. data and Fed Chair Jerome Powell's speech due this week.

U.S. stocks fell broadly on Friday as data showed a slump in consumer sentiment and a surge in inflation expectations.

Surging crude prices on fears about an escalating war in the Middle East also spooked markets.

The tech-heavy Nasdaq Composite lost 1.2 percent and the S&P 500 shed half a percent, with a decrease in Treasury yields helping limit the downside to some extent. The Dow inched up 0.1 percent after strong bank earnings.

European stocks fell notably on Friday on concerns about the outlook for inflation and interest rates following hawkish comments from Bank of England Governor Andrew Bailey.

The pan European STOXX 600 fell 1 percent. The German DAX tumbled 1.6 percent, France's CAC 40 gave up 1.4 percent and the U.K.'s FTSE 100 declined 0.6 percent.

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.

RTTNews | 36 minuter sedan

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.

RTTNews | 56 minuter sedan

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.

RTTNews | 1h 29minuter sedan

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.

RTTNews | 3h 56minuter sedan

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.

RTTNews | 4h 6minuter sedan

Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.

RTTNews | 4h 18minuter sedan

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | 4h 29minuter sedan

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | 4h 35minuter sedan

EURUSD	1.16874	GBPUSD	1.35152	AUDUSD	0.6534
USDJPY	146.855	USDCAD	1.37434	USDCHF	0.80118