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Sensex, Nifty Marginally Higher In Early Trade; Bajaj Finance Shares Slip Over 2%
(RTTNews) - Indian shares were marginally higher on Thursday after a sharp rally in the previous session on hopes that the Fed may be done hiking interest rates.
The benchmark S&P BSE Sensex was up 50 points, or 0.1 percent, at 55,726 in early trade while the broader NSE Nifty index was up 13 points at 19,688.
TCS, Hero MotoCorp, ONGC, BPCL and NTPC rose 1-2 percent while Bajaj Finance fell 2.2 percent after the RBI asked the company to stop disbursing loans through two of its lending products.
Hindalco, JSW Steel and Adani Enterprises all were down around 1 percent.
Dabur India gained 1 percent after two of its overseas subsidiaries have been dismissed from a lawsuit in the United States.
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U.S. Dollar Declines After Softer-than-expected Inflation Data
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, as the consumer price index came in softer than expected in May.
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2 ชม. 3 นาทีที่ผ่านมา
Swiss Market Fails To Hold Early Gains, Settle Modestly Lower
The Switzerland market ended modestly lower on Wednesday despite spending much of the day's trading session in positive territory.
Although the market gained some ground in positive territory, reacting to news about U.S. and Chinese officials reaching a framework to implement the Geneva consensus following two days of discussions in London, the mood turned cautious later on in the session.
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3 ชม. 44 นาทีที่ผ่านมา
European Stocks Pare Early Gains, Close Mostly Lower
Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.
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4 ชม. 4 นาทีที่ผ่านมา
TSX Hits Fresh Record High; Technology, Consumer Discretionary Stocks Shine
The Canadian market is modestly higher a little past noon on Wednesday, after hitting a fresh record high earlier in the session, amid easing Sino-US trade tensions, somewhat tame U.S. consumer price inflation data, and higher crude oil prices.
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5 ชม. 13 นาทีที่ผ่านมา
ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year
A measure, based on the collective bargaining agreements in the euro area, suggested that negotiated wage growth is set to ease significantly this year, the European Central Bank said on Wednesday, which adds to expectations of inflation staying near the 2 percent target.
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7 ชม. 0 นาทีที่ผ่านมา
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected
A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
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8 ชม. 11 นาทีที่ผ่านมา
Bay Street Seen Opening On Mixed Note
It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
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8 ชม. 59 นาทีที่ผ่านมา
U.S. Consumer Prices Inch Up Slightly Less Than Expected In May
A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May.
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9 ชม. 12 นาทีที่ผ่านมา
