Sensex, Nifty Reverse Early Gains

RTTNews | 722 ngày trước
Sensex, Nifty Reverse Early Gains

(RTTNews) - Indian shares gave up early gains to end slightly lower on Thursday in spite of positive cues from global markets, following blockbuster earnings from tech darling Nvidia.

The Jackson Hole event lined up this week is being anxiously awaited by investors for clues on U.S. interest rates.

The benchmark S&P BSE Sensex ended the session down 180.96 points, or 0.28 percent, at 65,252.34 after having hit a high of 65,913.77 earlier in the day.

The broader NSE Nifty index hit a high of 19,584.45 before reversing course to settle 57.30 points, or 0.29 percent, lower at 19,386.70.

Jio Financial Services fell 5 percent to Rs. 213.45, hitting the lower circuit limit for the fourth day post listing.

Parent Reliance Industries gave up 1.8 percent while ONGC, Power Grid Corp and Divis Laboratories all ended down over 1 percent.

Gold prices held steady near two-week highs today while the dollar edged up slightly in European trade after seeing a pullback from three-month highs in Asian trading.

Benchmark Treasury yields were holding their lowest levels in a week after business surveys from the U.S., Europe and the U.K. pointed to weakening growth.

Oil prices were seeing modest gains after settling lower on Thursday on fuel demand worries.

read more
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 1h 1phút trước
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 1h 19phút trước
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | 1h 48phút trước
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | 2h 13phút trước
U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
RTTNews | 2h 46phút trước
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews | 3h 19phút trước