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Sensex, Nifty Subdued As Financials Drag

RTTNews | 889 dagar sedan

Sensex, Nifty Subdued As Financials Drag

(RTTNews) - Indian shares were a tad lower on Friday, tracking muted cues from global markets.

The benchmark S&P BSE Sensex slipped 67 points, or 0.1 percent, to 57,858 in early trade, while the broader NSE Nifty index was down 30 points, or 0.2 percent, at 17,046.

Financials were coming under selling pressure, with Bajaj Finance, Bajaj FinServ, SBI Life and HDFC Life falling 1-3 percent.

On the positive, side, IT and Adani Group stocks were seeing modest gains.

Maruti Suzuki India and Tata Motors were little changed after hiking vehicle prices.

Bajaj Hindusthan Sugar gained 1.4 percent after it acquired stakes in two companies. Punjab National Bank edged up slightly on fund raising reports.

Campus Activewear slumped 5.6 percent. TPG Global plans to offload its entire 7.6 percent stake in the company through block deals.

Emami traded flat ahead of a board meet today to consider buyback of shares.

Rail Vikas Nigam rose over 1 percent after its joint venture secured an order worth Rs 250 crore to upgrade a highway in Gujarat.

Bharat Electronics rose half a percent on winning 2 contracts worth Rs 3,800 crore for supply of medium power radar and digital radar warning receiver for the Indian Air Force.

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U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 39 minuter sedan

German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 1h 8minuter sedan

U.S. PCE Price Index Increased In Line With Estimates In July

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 1h 21minuter sedan

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 1h 37minuter sedan

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Futures Pointing To Weak Start On Bay Street; Canadian GDP, US PCE Data In Focus

Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.

RTTNews | 2h 15minuter sedan

Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2h 22minuter sedan

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 2h 54minuter sedan

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 3h 2minuter sedan

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