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Sensex, Nifty Snap Two-day Winning Streak As Recession Worries Weigh

RTTNews | 935 dagar sedan

Sensex, Nifty Snap Two-day Winning Streak As Recession Worries Weigh

(RTTNews) - Indian shares ended Thursday's session modestly lower after two consecutive sessions of gains.

While fears of a possible U.S. recession weighed, falling oil prices and a weaker dollar overseas lent some support.

Global cues were broadly negative as weak U.S. data and hawkish Fed comments stoked recession worries.

The benchmark S&P/BSE Sensex ended the session down 187.31 points, or 0.31 percent, at 60,858.43, while the broader NSE Nifty index settled 57.50 points, or 0.32 percent, at 18,107.85.

Mid-cap and small-cap indexes followed suit and the market breadth was skewed in favor of the bears.

Adani Enterprises led losses to close nearly 4 percent lower after announcing the floor price for its follow-on public offer.

Adani Ports, IndusInd Bank, Tata Motors and Asian Paints fell 2-3 percent.

On the positive side, Coal India rallied 3.3 percent after the government said that it has set a coal production target of more than one billion tons (BT) for the next financial year.

ONGC rose 1.4 percent to hit an over six-month high in intraday trading on hopes of strong earnings growth.

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Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Despite opening on a firm note, the Switzerland market paring gains and even slipped into negative territory in late afternoon trades on Monday, but managed to end the day's session slightly up.

RTTNews | 2h 37minuter sedan

European Stocks Close On Mixed Note After Cautious Session

European Stocks Close On Mixed Note After Cautious Session

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RTTNews | 3h 2minuter sedan

Rate Cut Hopes Drag The Dollar Down

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The U.S. dollar declined against major currencies during the week ended August 8 amidst weak economic data that renewed hopes of a larger-than expected and higher-than-expected monetary policy easing by the Federal Reserve.

RTTNews | 5h 41minuter sedan

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Bay Street Likely To Open Slightly Higher, But Weak Metal Prices Could Weigh

Canadian stocks may open with a slightly positive bias on Monday with investors looking ahead to the crucial U.S. inflation data due this week. The focus is also Trump administration's trade negotiations with China, and on the upcoming talks between the U.S. and Russia, aimed at bringing an end to the war in Ukraine.

RTTNews | 7h 54minuter sedan

FTSE 100 Up Marginally As Investors Look For Direction

FTSE 100 Up Marginally As Investors Look For Direction

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RTTNews | 9h 29minuter sedan

CAC 40 Drifts Lower In Lackluster Trade

CAC 40 Drifts Lower In Lackluster Trade

French stocks are down in negative territory on Monday as investors look for direction and make cautious moves while awaiting U.S. - Russia talks set to take place later in the week.

RTTNews | 9h 50minuter sedan

Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585

Sensex Jumps 746 Points As Focus Shifts To Trump-Putin Talks; Nifty Ends At 24,585

Indian shares rose notably on Monday, with benchmark indexes Sensex and Nifty both rising around 1 percent after six straight weeks of declines.

RTTNews | 9h 56minuter sedan

DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower

DAX Modestly Lower In Cautious Trade; Defense Stocks Drift Lower

After opening slightly up, the German market retreated Monday morning with investors largely turning cautious, as they continue to assess the impact of U.S. tariffs and the ongoing uncertainty on the geopolitical front.

RTTNews | 10h 6minuter sedan

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