Indian Shares Struggle For Direction Ahead Of MPC Decision

RTTNews | 1 วันที่ผ่านมา
Indian Shares Struggle For Direction Ahead Of MPC Decision

(RTTNews) - Indian shares struggled for direction in early trade on Friday ahead of the Reserve Bank of India's interest-rate decision.

RBI Governor Sanjay Malhotra will announce the policy outcome at 10 am after the two-day review.

Most economists expect the central bank to cut its benchmark repurchase rate by a quarter point to 5.25 percent.

The benchmark BSE Sensex was up 4 points at 85,269 while the broader NSE Nifty index edged up by 6 points to 26,039.

IT, financial and auto stocks traded higher, with Kotak Mahindra Bank, Bajaj Finance, Infosys and Maruti Suzuki India rising around half a percent each.

HCL Technologies edged up slightly after it partnered with Strategy& to boost large-scale data analytics using AI-powered solutions.

Aditya Birla Sun Life AMC fell about 1 percent after setting up a wholly owned subsidiary in GIFT City, Gandhinagar.

RailTel gained 1 percent on securing a Rs. 63.92-crore order from the CPWD to design and set up an ICT network.

Zen Technologies rallied 2.4 percent and Diamond Power Infrastructure advanced 1.7 percent on winning new work orders.

Deepak Nitrate added 1.7 percent. Its arm Deepak Chem Tech has commenced operations at its newly set up nitric acid facility in Vadodara, Gujarat.

read more
U.S. Dollar Climbs Against Majors

U.S. Dollar Climbs Against Majors

The U.S. dollar climbed against its major counterparts in the New York session on Friday.
RTTNews | 22 ชม. 11 นาทีที่ผ่านมา
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market shrugged off a sluggish start and stayed fairly steady right till the end of the session on Friday to finish modestly higher.
RTTNews | 1 วันที่ผ่านมา
Major European Markets Close On Mixed Note

Major European Markets Close On Mixed Note

Despite a fairly good spell in positive territory till noon, European stocks failed to sustain at higher levels and ended on a mixed note on Friday. Investors digested the economic data from the region as well from the U.S., and looked ahead to next week's monetary policy announcement from the Federal Reserve.
RTTNews | 1 วันที่ผ่านมา
TSX Drifts Lower As Strong Jobs Data Tempers BoC Rate Cut Hopes

TSX Drifts Lower As Strong Jobs Data Tempers BoC Rate Cut Hopes

After opening slightly up and moving higher subsequently, the Canadian market slipped into negative territory Friday morning, and with stocks continuing to struggle for support, remained weak a little past noon. Data showing a drop in Canadian unemployment rate in November tempered hopes for a rate cut from the nation's central bank this month.
RTTNews | 1 วันที่ผ่านมา
U.S. Consumer Sentiment Rebounds Much More Than Expected In December

U.S. Consumer Sentiment Rebounds Much More Than Expected In December

Preliminary data released by the University of Michigan on Friday showed consumer sentiment in the U.S. has improved much more than anticipated in the month of December. The University of Michigan said its consumer sentiment index climbed to 53.3 in December from 51.0 in November. Economists had expected the consumer sentiment index to rise to 52.0.
RTTNews | 1 วันที่ผ่านมา
U.S. Consumer Prices Increase In Line With Estimates In September

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

A long-delayed report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of September. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.3 percent in September, matching the growth seen in August along with economist estimates.
RTTNews | 1 วันที่ผ่านมา
EU Fines X 120 Mln Euros For Breaching Transparency Obligations Under DSA

EU Fines X 120 Mln Euros For Breaching Transparency Obligations Under DSA

The European Commission on Friday has issued a fine of 120 million euros to Elon Musk's social media platform X for breaching its transparency obligations under the Digital Services Act. The breaches include the deceptive design of its 'blue checkmark', the lack of transparency of its advertising repository, and the failure to provide access to public data for researchers.
RTTNews | 1 วันที่ผ่านมา
Warner Bros. To Be Bought By Netflix In $72 Bln Equity Deal

Warner Bros. To Be Bought By Netflix In $72 Bln Equity Deal

In a merger of majors, streaming video firm Netflix, Inc. is acquiring media and entertainment giant Warner Bros. Discovery, Inc. for a total enterprise value of approximately $82.7 billion, or an equity value of $72.0 billion. The move follows the planned separation of Warner Bros. Discovery's Global Networks division into a new publicly-traded company. In the pre-market activity, Netflix shares
RTTNews | 1 วันที่ผ่านมา