Sensex, Nifty Seen Lower As TCS Profit Misses Estimates

RTTNews | 1128 gün önce

(RTTNews) - Indian shares may open on a cautious note Monday after TCS reported lower-than-expected profit and margin numbers, and upbeat U.S. jobs data suggested the inflation outlook could rise more quickly than officials had feared.

ACC, Delta Corp, HCL Tech and Tata Elxsi are among the prominent companies due to unveil their quarterly earnings this week.

Telecom stocks may come under selling pressure after Adani Group entered the 5G spectrum auction race to provide a private network for airports and its ports business.

Asian stocks were mostly lower this morning, though Japan's Nikkei rose about 1 percent after the country's governing party and its coalition partner scored a major victory in a parliamentary election Sunday.

Treasury yields climbed and the safe-haven dollar stood tall as investors looked ahead to the release of U.S. inflation data this week for additional clues on the Fed's approach to rate policy and its inflation flight.

Oil prices traded mixed in Asian trading after ending higher for a second day running on Friday.

U.S. stocks ended narrowly mixed on Friday as stronger-than-expected jobs data helped ease growth worries but added to expectations of another 75-bps rate hike at the upcoming Fed meeting later this month.

The Dow slipped 0.2 percent and the S&P 500 eased marginally while the tech-heavy Nasdaq Composite inched up 0.1 percent.

Data showed non-farm payroll employment jumped by 372,000 jobs in June while analysts had forecast 268,000 jobs. The jobless rate stabilized at its historically low level of 3.6 percent.

European stocks closed higher on Friday after the release of U.S. jobs report.

The pan-European Stoxx 600 rose half a percent. The German DAX climbed 1.3 percent and France's CAC 40 index rose 0.4 percent while the U.K.'s FTSE 100 ended little changed after the resignation of British Prime Minister Boris Johnson.

UK Labor Market Cools In Q2

The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.

RTTNews | 34 dakika önce

U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.

RTTNews | 45 dakika önce

Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates. Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform

RTTNews | 1s 9 dakika önce

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

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday.

RTTNews | 1s 29 dakika önce

German ZEW Economic Confidence Deteriorates On Trade Deal

Economic sentiment in Germany deteriorated sharply in August due to the disappointing trade agreement reached with the United States, and also due to the declining economic output in the second quarter, results of the monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment plummeted to a three-month low of 34.7 in August.

RTTNews | 2s 4 dakika önce

Bay Street Likely To Open Flat Or Slightly Higher

The Canadian market is likely to open on a flat to slightly positive note Tuesday morning, amid easing trade concerns following the U.S. government extending its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war.

RTTNews | 2s 7 dakika önce

FTSE Up Marginally; Spirax Group Shares Jump On Strong Earnings

U.K. stocks are up in positive territory around noon on Tuesday, supported by some encouraging earnings, and easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10.

RTTNews | 3s 2 dakika önce

Euro Slides On Downbeat German Economic Sentiment Data

The euro weakened against other major currencies in the European session on Tuesday, after German economic confidence deteriorated sharply in August due to disappointing EU-US trade deal.

RTTNews | 3s 27 dakika önce

EURUSD	1.16557	GBPUSD	1.34931	AUDUSD	0.6512
USDJPY	148.171	USDCAD	1.37736	USDCHF	0.80914