Sensex, Nifty Open Lower Despite Firm Global Cues; Metal Stocks Rally

RTTNews | 735 gün önce
Sensex, Nifty Open Lower Despite Firm Global Cues; Metal Stocks Rally

(RTTNews) - Indian shares opened a tad lower on Monday despite firm cues from global markets.

The benchmark S&P BSE Sensex was down 95 points, or 0.1 percent, at 66,064 while the broader NSE Nifty index was down 21 points, or 0.1 percent, at 19,625.

Bajaj Finance, Britannia industries, Asian Paints, Apollo Hospital Enterprise and HDFC Life fell 1-2 percent in the Nifty pack, while metal stocks such as Hindalco, Tata Steel and JSW Steel were up 1-2 percent.

TCS gained 0.7 percent after announcing it is returning to vertical operations structure.

IDFC First Bank added 0.7 percent on reporting a 61 percent jump in Q1 net profit.

Power Grid Corp rallied 1.3 percent on fund raising reports.

NTPC rose about 1 percent after an announcement that it will hive-off its coal mining business to a wholly owned subsidiary, NTPC Mining.

Power Mech Projects soared 15 percent after it won a contract worth Rs 30,438 crores from SAIL.

Piramal Enterprises plunged 7 percent after its board gave approval for a proposal to buy back shares worth up to Rs 1,750 crore.

read more
U.S. Factory Orders Pull Back Sharply In June

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews | 1s 14 dakika önce
Weak Jobs Data Limits Dollar's Rebound

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews | 1s 16 dakika önce
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 2s 35 dakika önce
Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews | 2s 42 dakika önce
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews | 3s 34 dakika önce
Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.
RTTNews | 3s 56 dakika önce
CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.
RTTNews | 4s 2 dakika önce
DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.
RTTNews | 4s 20 dakika önce