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Sensex, Nifty Slip On Weak Trade Data; Auto Stocks Drag
(RTTNews) - Indian shares were marginally lower on Tuesday, with muted global cues and disappointing trade data weighing on sentiment.
The benchmark S&P BSE Sensex was down 64 points, or 0.1 percent, at 62,281 in early trade, while the broader NSE Nifty index was down 2 points at 18,396.
Auto stocks traded lower, with Maruti Suzuki India and Mahindra & Mahindra falling around 1 percent each.
Among the top gainers, Cipla, Infosys, ONGC, Bajaj Finance and Divis Laboratories were all up more than 1 percent.
PVR Inox fell over 2 percent on reports it plans to shut down 50 cinema screens in the next six months.
Karur Vysya Bank was moving lower despite reporting a 53 percent increase in its March quarter profit.
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TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again
After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday.
Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
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Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled
Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
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Bay Street Looks Headed For Positive Start
Canadian stocks look headed for a positive start Monday morning, with rising bullion prices and rate cut bets set to lift sentiment.
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China's BYD Stock Down On Reports Of Warren Buffett's Berkshire Hathaway Sells Out Stake
Warren Buffett's Berkshire Hathaway Inc. has sold out its entire stake in Chinese automaker BYD Co. Ltd., as per a filing with the U.S. Securities and Exchange Commission. In Hong Kong, BYD shares fell 2.3 percent after reports of Berkshire Hathaway offloading all its stake in the Chinese electric-vehicle maker.
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FTSE 100 Up Marginally; Miners In Demand
The U.K. stock market is somewhat subdued on Monday with investors mostly staying cautious, looking ahead to reports on manufacturing and services sector activity from major economies for directional clues. A key reading on U.S. inflation is also due this week.
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CAC 40 Modestly Lower In Cautious Trade
French stocks are modestly lower on Monday with investors making cautious moves, looking ahead to the data on manufacturing and services sector activity in major European economies, and a key U.S. inflation reading this week.
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DAX Moderately Lower; Auto Stocks Lose Ground
The German stock market is down firmly in negative territory on Monday, weighed down by losses in auto and financial sectors. The mood is down across global markets following the Trump administration announcing sweeping changes to the H-1B visa regime.
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Sensex, Nifty End Lower As IT Stocks Plunge After Trump's H-1B Visa Fee Hike
Indian shares fell on Monday, with IT stocks pacing the declines after the Trump administration announced sweeping changes to the H-1B visa regime, including a steep $100,000 fee for new applications.
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