Sensex, Nifty Open Lower On US Bank Worries

RTTNews | 727 ngày trước
Sensex, Nifty Open Lower On US Bank Worries

(RTTNews) - Indian shares opened a tad lower on Wednesday amid worries about the health of U.S. banks and rising deflationary pressures in China.

The benchmark S&P BSE Sensex dropped 243 points, or 0.4 percent, to 65,603 in early trade, while the broader NSE Nifty index was down 60 points, or 0.3 percent, at 19,511.

Adani Enterprises rose 0.6 percent on reports that it is considering options to sell stake in Wilmar International.

Coal India gained more than 1 percent despite reporting a 10 percent fall in Q1 profit.

Tata Motors edged up slightly on reports it plans to launch four new electric vehicles in a few quarters.

Power Finance Corp was down 0.7 percent despite the company proposing to consider a bonus issue.

IRCON jumped 5.6 percent on posting 30 percent growth in quarterly net profit.

Oil India fell nearly 2 percent on reporting a 4 percent year-on-year rise in Q1 net profit.

Lupin added 1.4 percent after receiving approval from the U.S. health regulator for its abbreviated new drug application for Fluocinolone Acetonide Oil, 0.01% (Body Oil).

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New Zealand Unemployment Data Due On Wednesday

New Zealand Unemployment Data Due On Wednesday

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.
RTTNews | 55 phút trước
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.
RTTNews | 5h 28phút trước
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
RTTNews | 5h 48phút trước
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews | 8h 25phút trước
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews | 9h 12phút trước