Sensex, Nifty Struggle For Direction On Concerns Over US Economy

RTTNews | 507 dagar sedan
Sensex, Nifty Struggle For Direction On Concerns Over US Economy

(RTTNews) - Indian shares were little changed in cautious trade on Friday as investors reacted to mixed earnings results from U.S. tech majors as well as new U.S. data showing slowing GDP growth but strong inflation.

The benchmark S&P BSE Sensex was up 14 points at 74,354 in early trade while the broader NSE Nifty index was up 13 points at 22,583.

Tech Mahindra soared more than 11 percent after it laid out a big plan for a turnaround by FY27.

Vedanta rallied 2.5 percent as Q4 profit beat estimates.

Maruti Suzuki India added about 1 percent and HCL Technologies gained 0.6 percent ahead of their earnings results.

InterGlobe Aviation rose 0.7 percent after IndiGo ordered 30 Airbus A350-900 aircraft, marking the carrier's entry into wide-body aircraft space.

Inox Wind inched up 0.8 percent after its board approved a 3:1 bonus issue.

Bajaj Finance slumped 6.4 percent despite reporting 21 percent year-on-year growth in Q4 profit.

IndusInd Bank shed 0.6 percent on posting 15 percent growth in quarterly net profit.

read more
South Korea Export Prices Rise 0.7% In August

South Korea Export Prices Rise 0.7% In August

Export prices in South Korea were up a seasonally adjusted 0.7 percent on month in August, the Bank of Korea said on Tuesday - after adding 0.8 percent in July.
RTTNews | 36 minuter sedan
U.S. Dollar Falls Before Fed Decision

U.S. Dollar Falls Before Fed Decision

The U.S. dollar weakened against its major counterparts in the New York session on Monday, ahead of the Federal Reserve's policy decision on Wednesday.
RTTNews | 45 minuter sedan
Swiss Market Ends Weak After Choppy Ride

Swiss Market Ends Weak After Choppy Ride

The Switzerland market ended on a weak note on Monday after spending much of the day's session in negative territory, as investors stayed wary of picking up stocks, choosing to wait for some clear directional clues.
RTTNews | 3h 30minuter sedan
European Markets Close Mostly Higher Ahead Of Central Bank Policy Meetings

European Markets Close Mostly Higher Ahead Of Central Bank Policy Meetings

The markets in Europe closed mostly higher on Monday, although the UK market underperformed and settled slightly lower. Investors digested a batch of regional economic data, and looked ahead to the monetary policy announcements from the Federal Reserve, the Bank of England the Bank of Japan due later in the week.
RTTNews | 3h 51minuter sedan
Canadian Market Modestly Higher; Energy, Materials Stocks Rise

Canadian Market Modestly Higher; Energy, Materials Stocks Rise

The Canadian market is up in positive territory Monday afternoon, with stocks from energy, materials, technology and consumer discretionary sectors contributing to the upmove. The mood remains cautious with investors looking ahead to interest rate decisions from the Bank of Canada and the Federal Reserve on Wednesday.
RTTNews | 5h 17minuter sedan
Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings

Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings

After a cautious start, European markets are up in positive territory Monday afternoon with investors picking up stocks amid hopes of a rate cut by the Federal Reserve on Wednesday. The Bank of England, which is scheduled to announce its monetary policy on Thursday, is widely expected to hold rates steady. The Bank of Japan's policy announcement is also due this week.
RTTNews | 8h 18minuter sedan
New York Manufacturing Index Unexpectedly Turns Negative In September

New York Manufacturing Index Unexpectedly Turns Negative In September

A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index plunged to a negative 8.7 in September from a positive 11.9 in August, with a negative reading indicating contraction. Economists had expected the index to fall to a positive 5.0.
RTTNews | 8h 29minuter sedan
Mixed Open Seen For Canadian Shares

Mixed Open Seen For Canadian Shares

Bay Street may open on a mixed note Monday morning, tracking commodity prices. With rate decisions from the Federal Reserve and the Bank of Canada due on Wednesday, the mood is likely to remain a bit cautious at times.
RTTNews | 9h 11minuter sedan