Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | 597 ngày trước
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction on Tuesday, tracking weak cues from global markets amid concerns over China's property sector and the possible impact of high oil prices on inflation and interest rates.

The benchmark S&P BSE Sensex was down 6 points at 66,017 in early trade while the broader NSE Nifty index was up 12 points at 19,686.

Larsen & Toubro rose about 1 percent after its first-ever share buyback received stupendous response, being subscribed 7.2 times.

Tata Steel rallied 2 percent after Moody's Investors Service upgraded its long-term issuer rating to Baa3.

Sheela Foam advanced 1.3 percent after completing a QIP issue.

Wipro was little changed after selling a 14-acre plot of land and building in Chennai for Rs. 266.38 crore.

Strides Pharma fell 2.4 percent after it decided to spin off its contract manufacturing business OneSource.

Fortis Healthcare gained 0.7 percent after it received board approval to acquire 100 percent stake in Artistery Properties Private Ltd for Rs. 32 crores.

RPP Infra jumped 5 percent on winning news orders worth Rs. 482.37 crores. Mangalore Chemicals declined 1.2 percent after it has shut down its ammonia and urea plants for planned maintenance.

read more
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against its major counterparts in the New York session on Thursday.
RTTNews | 2h 27phút trước
Swiss Market Shrugs Off Weak Start, Ends On Firm Note

Swiss Market Shrugs Off Weak Start, Ends On Firm Note

After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note. Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
RTTNews | 4h 10phút trước
Major European Markets Recover After Early Setback, Close On Firm Note

Major European Markets Recover After Early Setback, Close On Firm Note

Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
RTTNews | 4h 27phút trước
U.S. Business Inventories Inch Up Slightly Less Than Expected In March

U.S. Business Inventories Inch Up Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing a slight increase by U.S. business inventories in the month of March. The report said business inventories crept up by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected business inventories to rise by another 0.2 percent.
RTTNews | 5h 42phút trước
TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.
RTTNews | 5h 47phút trước
U.S. Homebuilder Confidence Unexpectedly Slumps In May

U.S. Homebuilder Confidence Unexpectedly Slumps In May

Reflecting growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook, the National Association of Home Builders released a report on Thursday showing an unexpected slump by U.S. homebuilder confidence in the month of May.
RTTNews | 5h 57phút trước
U.S. Industrial Production Unexpectedly Flat In April

U.S. Industrial Production Unexpectedly Flat In April

With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April. The Fed said industrial production was unchanged in April after falling by 0.3 percent in March. Economists had expected industrial production to rise by 0.2 percent.
RTTNews | 6h 19phút trước