Sensex, Nifty End Lower As Oil Rally Continues Ahead Of OPEC+ Meeting

RTTNews | 567 ngày trước
Sensex, Nifty End Lower As Oil Rally Continues Ahead Of OPEC+ Meeting

(RTTNews) - Indian shares edged lower Monday on inflation concerns after oil prices surged on reports that OPEC+ is considering deeper output cuts at the 26 November meeting in Vienna to shore up prices.

Crude traded higher in European trade on top of a 4 percent gain Friday.

The downside remained capped amid dovish Fed bets and a pledge by Chinese officials to roll out more stimulus measures for the country's beleaguered property sector.

Treasury yields edged lower, and the dollar held below over two-month lows on expectations that the Federal Reserve will refrain from raising interest rates over the next several months before cutting rates in mid-2024.

The benchmark S&P BSE Sensex ended the session down 139.58 points, or 0.21 percent, at 65,655.15 while the broader NSE Nifty index settled 37.80 points, or 0.19 percent, at 19,694.

UltraTech Cement, SBI Life, Mahindra & Mahindra, Bajaj Finance and Adani Enterprises fell 1-3 percent in the Nifty pack, while Coal India, HCL Technologies, Wipro, Bharti Airtel and Divis Laboratories rose 1-2 percent.

read more
FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.
RTTNews | 40 phút trước
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices.. The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.
RTTNews | 2h 32phút trước
FTSE 100 Down Marginally At Noon

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.
RTTNews | 3h 43phút trước
CAC 40 Down Slightly In Lackluster Trade

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.
RTTNews | 4h 5phút trước
DAX Down Over 0.5% In Cautious Trade

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
RTTNews | 4h 26phút trước
Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold
RTTNews | 5h 3phút trước