Sensex, Nifty Marginally Lower In Early Trade; ITC Shares Down Over 3%

RTTNews | 78 ngày trước
Sensex, Nifty Marginally Lower In Early Trade; ITC Shares Down Over 3%

(RTTNews) - Indian shares were subdued on Wednesday amid delays in finalizing the India-U.S. trade agreement and investor anxiety around the ballooning U.S. debt levels.

The benchmark S&P BSE Sensex was down 90 points, or 0.1 percent, at 81,461 in early trade while the broader NSE Nifty index slipped 33 points, or 0.1 percent, to 24,794.

ITC declined 3.2 percent on reports that British American Tobacco will offload 2.3 percent stake in the company through a block deal.

Mahindra & Mahindra, IndusInd Bank, Titan Company and Nestle India all were down around 1 percent.

Bosch lost 4 percent on reporting a marginal decline in its fourth-quarter net profit.

LIC jumped 5.5 percent after reporting a 38 percent increase in Q4 net profit.

EID Parry (India) rose over 1 percent on posting 30 percent quarterly profit growth. Hindustan Copper rallied 3.4 percent as quarterly profit jumped 50 percent from last year.

HBL Engineering rose 1.5 percent on securing on order worth Rs. 101.55 crore.

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Malaysia Bourse May Extend Thursday's Losses

Malaysia Bourse May Extend Thursday's Losses

The Malaysia stock market on Thursday halted the seven-day wining streak in which it had gained almost 60 points or 4 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may inch lower again on Friday.
RTTNews | 32 phút trước
Japan Shares May Tick Lower Again On Friday

Japan Shares May Tick Lower Again On Friday

The Japan stock market on Thursday snapped the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 42,650-point plateau and it may remain stuck in neutral on Friday.
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Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 0.4 percent on year following the flat quarterly reading and the 0.2 percent contraction in the three months prior. Capex is seen higher by 0.5 percent on quarter, easing from 1.1 percent in Q1.
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U.S. Dollar Firms After Strong PPI Data

U.S. Dollar Firms After Strong PPI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, following the release of hotter-than-expected producer inflation report for July.
RTTNews | 2h 11phút trước
Swiss Market Ends Modestly Higher After Mild Struggle

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
RTTNews | 6h 40phút trước
Major European Markets Close On Positive Note

Major European Markets Close On Positive Note

Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
RTTNews | 6h 56phút trước