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Sensex Falls Over 300 Points; Nifty Settles At 16,631
Indian shares ended lower on Monday after Reliance Industries posted a lower-than-expected profit for the June quarter and Infosys delivered a mixed set of numbers.
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European Shares Recover After Early Dip
European stocks were moving in a narrow range on Monday, as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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FTSE 100 Recovers After Early Slide
U.K. stocks were slightly higher on Monday, after having recovered from an early slide on growth worries.
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CAC 40 Little Changed In Cautious Trade
French stocks were little changed on Monday as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.
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DAX Slips As Business Confidence Falls More Than Expected
German stocks drifted lower on Monday after survey results from Ifo Institute showed that Germany's business confidence deteriorated more than expected in July.
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Asian Shares Slide On Concerns Over Economic Outlook
Asian stocks ended broadly lower on Monday as weak business activity data from Europe and the United States coupled with anxiety about China's property market added to worries about a recession.
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Australian Dollar Slides In Cautious Trade
The Australian dollar weakened against its most major counterparts in the Asian session on Monday, as investors became cautious ahead of the U.S. Federal Reserve's interest rate decision and the release of a key data from Australia.
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more news
European Shares Poised For Weak Start As Growth Worries Weigh
European stocks are seen opening on a tepid note Monday as economic concerns mount.
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Sensex Declines 335 Points; Nifty Dips Below 16,650
Indian shares opened lower on Monday, mirroring weak global cues as investors braced for a busy week of U.S. tech earnings and the Fed meeting.
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European Economics Preview: Germany Ifo Business Confidence Data Due
Business sentiment survey data from Germany is the only major report due on Monday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland publishes producer prices and export price data for June. At 3.00 am ET, gross wages from Hungary and manufacturing confidence from Turkey are due.
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Asian Markets Mostly Lower Amid Cautious Trades
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as worries about slowing growth and policy tightening weighed on the markets. Traders remained cautious and chose to take some profits ahead of this week's highly anticipated monetary policy decision by the U.S. Federal Reserve, which is widely expected to raise interest rates.
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Sensex, Nifty Seen Tad Lower At Open
Indian shares may open a tad lower on Monday as investors brace for a busy week of U.S. tech earnings and the Fed meeting. The Fed is likely to slow the pace of interest-rate increases after a second straight 75-bps rate hike on Wednesday.
Tech companies may come under selling pressure amid concerns that they might be hit by a recession in the United States.
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Thai Stock Market May Run Out Of Steam On Monday
The Thai stock market has moved higher in three straight sessions, collecting almost 20 points or 1.2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,550-point plateau although investors may lock in gains on Monday.
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