Sensex, Nifty Seen Higher At Open

RTTNews | 578 gün önce

(RTTNews) - Indian shares look set to open a tad higher on Monday as investors digest macroeconomic data and await quarterly earnings results from HDFC Bank, Hindustan Unilever, Asian Paints, IndusInd and UltraTech Cement this week.

Oil price movements, investment by FPIs, geopolitical tensions and WPI data will also be monitored.

India's consumer price inflation accelerated further in December to the highest level in four months on food prices but remained within the central bank's tolerance band of 2-6 percent, official data showed on Friday.

The CPI rose an annual 5.69 percent in December, following October's 5.55 percent gain. The actual inflation was below economists' forecast of 5.87 percent.

Meanwhile, industrial output growth weakened more than expected in November.

Industrial output registered an annual increase of 2.4 percent after posting a double-digit revised expansion of 11.6 percent in October.

Wipro on Friday reported a better-than-expected rise in Q3 revenue while HCL Technologies slightly reduced its revenue growth guidance for FY24.

Asian markets were broadly lower this morning ahead of a busy week packed with key Chinese economic readings, U.S. retail sales data and earnings reports from Goldman Sachs and Morgan Stanley.

Financial markets showed little reaction to news of agreement on a two-tranche stopgap bill to avert U.S. government shutdown and the victory of the ruling, pro-independence Democratic Progressive Party in Taiwan.

The dollar wobbled in Asian trade while oil and gold were seeing modest gains.

U.S. stocks ended little changed on Friday as investors reacted to mixed corporate earnings and cooler-than-expected producer price inflation data. The S&P 500 and the tech-heavy Nasdaq Composite both inched up marginally while the Dow slipped 0.3 percent.

European stocks closed higher on Friday after upbeat U.K. GDP data and dovish comments from ECB President Christine Lagarde.

The pan European STOXX 600 climbed 0.8 percent. The German DAX rallied 1 percent, France's CAC 40 jumped 1.1 percent and the U.K.'s FTSE 100 added 0.6 percent.

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.

RTTNews | 1s 18 dakika önce

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.

RTTNews | 1s 47 dakika önce

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.

RTTNews | 2s 5 dakika önce

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.

RTTNews | 3s 43 dakika önce

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.

RTTNews | 4s 0 dakika önce

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.

RTTNews | 4s 29 dakika önce

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.

RTTNews | 4s 54 dakika önce

U.S. Consumer Sentiment Index Unexpectedly Decreases In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday.

RTTNews | 5s 20 dakika önce

EURUSD	1.17009	GBPUSD	1.35507	AUDUSD	0.65063
USDJPY	147.216	USDCAD	1.38122	USDCHF	0.80635