Sensex, Nifty To Open On Flat Note Despite Firm Global Cues

RTTNews | 716 dagar sedan

(RTTNews) - Indian shares are seen opening flat to slightly lower on Tuesday as investors react to news from Reliance's 46th annual general meeting and the results of SEBI's probe faulting Adani Group on disclosure rules. Firm cues from global markets may help limit losses, if any.

Reliance Chairman Mukesh Ambani on Monday heralded a 'New Reliance' that has bent its growth trajectory towards a technological future.

But there were no announcements on initial public offerings (IPO) of Reliance Jio Infocomm or Reliance Retail.

Meanwhile, media reports said citing sources that capital market regulator SEBI has found violations of "technical nature" on Adani Group's disclosure rules that would attract no more than a monetary penalty once the investigation in complete.

Benchmark indexes Sensex and Nifty ended flat to slightly higher on Monday while the rupee closed marginally higher at 82.63 against the dollar.

Asian markets followed Wall Street lower this morning ahead of key economic data releases. The dollar hit a nine-month high versus the yen but was down against other major rivals.

Gold edged up marginally on dollar weakness while oil prices were a tad lower on demand concerns.

U.S. stocks logged solid gains overnight as bond yields retreated on speculation the Fed may take a rate-hike breather in September.

The Dow and the S&P 500 both rose about 0.6 percent while the tech-heavy Nasdaq Composite advanced 0.8 percent.

European stocks closed higher on Monday after China announced new measures to support its flagging economy and struggling stock market.

The pan European STOXX 600 climbed 0.9 percent. The German DAX added 1 percent and France's CAC 40 gained 1.3 percent while the U.K. markets were closed for Late Summer Bank Holiday.

Canadian Market Remains In Negative Territory After Weak Start

The Canadian market, which opened on a weak note Thursday morning, continues to languish in negative territory well past noon, weighed down by losses in technology and industrials sectors.

RTTNews | 4h 5minuter sedan

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.

RTTNews | 4h 30minuter sedan

Major European Markets Close On Positive Note

Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.

RTTNews | 4h 46minuter sedan

U.S. Producer Price Growth Far Exceeds Estimates In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.

RTTNews | 7h 14minuter sedan

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000

The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.

RTTNews | 7h 46minuter sedan

UK GDP Rises More Than Expected

The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday. Although the rate was stronger than the expected growth of 0.1 pe

RTTNews | 8h 27minuter sedan

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Thursday morning, reacting to data showing a bigger than expected increase in U.S. producer price index, and mixed batch of earnings data from Canada. Oil prices are up, while metals are exhibiting weakness.

RTTNews | 8h 58minuter sedan

S&P Sees Limited Impact From U.S. Tariffs On Indian Economy, Raises Ratings

S&P Global Ratings upgraded India's sovereign ratings on Thursday citing a buoyant economic growth, enhanced monetary policy conditions and the government's fiscal consolidation commitment, while the higher tariffs from the U.S. administration is estimated to have only limited impact on the economy. India's sovereign credit ratings were raised to 'BBB' from 'BBB-', with a 'stable' outlook.

RTTNews | 9h 2minuter sedan

EURUSD	1.16485	GBPUSD	1.3527	AUDUSD	0.64979
USDJPY	147.769	USDCAD	1.38129	USDCHF	0.8073