Sensex, Nifty Marginally Higher In Lackluster Trade

RTTNews | 78 ngày trước
Sensex, Nifty Marginally Higher In Lackluster Trade

(RTTNews) - Indian shares struggled for director on Wednesday as investors watched the latest developments on the trade front and awaited key U.S. inflation data for additional clues on the Fed's rate trajectory.

Geopolitical tensions also remained in focus after Prime Minister Narendra Modi said he let armed forces have "complete operational freedom" to decide on the mode, targets and timing of India's response to the April 22 Pahalgam terror attack.

The benchmark S&P BSE Sensex was up 10 points at 80,298 while the broader NSE Nifty index was up 8 points at 24,343.

Vedanta rose about half a percent and IOC added nearly 2 percent ahead of their earnings results due today.

BPCL gained 2 percent and HPCL rose 1.3 percent as oil headed for its worst-ever April on demand concerns.

CEAT jumped 2.6 percent despite reporting an 8.4 percent decline in profit for the fourth quarter.

Bajaj Finance plunged 5.3 percent and Bajaj FinServ plummeted 6 percent after announcing their quarterly results.

State Bank of India declined 1.4 percent on fund raising reports.

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Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market closed on a firm note on Thursday, in line with markets across Europe, amid hopes the European Union and the U.S. will agree on a trade deal before the deadline. Positive reacting to some earnings updates also contributed to market's higher close.
RTTNews | 2h 56phút trước
U.S. Business Inventories Remain Unchanged For Second Straight Month

U.S. Business Inventories Remain Unchanged For Second Straight Month

Business inventories in the U.S. remained unchanged for the second consecutive month in May, according to a report released by the Commerce Department on Thursday. The Commerce Department said business inventories were virtually unchanged in May after also coming in flat in April. The unchanged reading matched economist estimates.
RTTNews | 6h 4phút trước
U.S. Homebuilder Confidence Modestly Improves In July

U.S. Homebuilder Confidence Modestly Improves In July

A report released by the National Association of Home Builders on Thursday showed a modest improvement in homebuilder confidence in the U.S. in the month of July. The report said the NAHB/ Wells Fargo Housing Market Index inched up to 33 in July after slipping to 32 in June. The uptick matched economist estimates.
RTTNews | 6h 18phút trước
Philly Fed Index Surges To Five-Month High In July

Philly Fed Index Surges To Five-Month High In July

The Federal Reserve Bank of Philadelphia released a report on Thursday showing manufacturing activity in the region unexpectedly expanded overall in the month of July. The Philly Fed said its diffusion index for current general activity surged to a positive 15.9 in July from a negative 4.0 in June, with a positive reading indicating growth.
RTTNews | 6h 40phút trước
U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

U.S. Import Prices Inch Up 0.1% In June, Less Than Expected

Import prices in the U.S. inched up by less than expected in the month of June, the Labor Department revealed in a report released on Thursday. The Labor Department said import prices crept up by 0.1 percent in June after falling by a revised 0.4 percent in May.
RTTNews | 6h 57phút trước
U.S. Retail Sales Rebound Much More Than Expected In June

U.S. Retail Sales Rebound Much More Than Expected In June

Retail sales in the U.S. rebounded by much more than expected in the month of June, according to a report released by the Commerce Department on Thursday. The Commerce Department said retail sales climbed by 0.6 percent in June after slumping by 0.9 percent in May. Economists had expected retail sales to inch up by 0.1 percent.
RTTNews | 7h 7phút trước
U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

U.S. Weekly Jobless Claims Unexpectedly Dip To Three-Month Low

A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended July 12th. The Labor Department said initial jobless claims fell to 221,000, a decrease of 7,000 from the previous week's revised level of 228,000. Economists had expected jobless claims to rise to 235,000.
RTTNews | 7h 13phút trước