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Sensex, Nifty Extend Losses In Cautious Trade

RTTNews | 1144天前

Sensex, Nifty Extend Losses In Cautious Trade

(RTTNews) - Indian shares extended losses for a sixth day running on Friday, with IT stocks and financials leading losses on growing worries about a recession.

The S&P BSE Sensex dropped 76 points, or 0.2 percent, to 51,419, a day after plunging to the lowest in over a year. The broader NSE Nifty index was down 37 points, or 0.2 percent, at 15,323.

Dr Reddy's Laboratories slumped 4 percent. LIC said it has raised its shareholding in the pharmaceutical major to 5.65 percent.

TCS, Asian Paints, Titan Company and Wipro all fell over 2 percent.

Bajaj Finance, ITC, Reliance Industries, Tata Steel and Bajaj FinServ were up 1-2 percent.

HDFC Bank rose half a percent after hiking its fixed deposit rates.

HDFC edged down slightly after it acquired an 8.42 percent stake in Ansal Housing by invoking 50 lakh pledged shares.

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Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.

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RTTNews | 1小时21分钟前

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The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.

RTTNews | 2小时12分钟前

Indian Rupee Falls To 4-day Low Against U.S. Dollar

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The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.

RTTNews | 2小时35分钟前

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The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.

RTTNews | 2小时41分钟前

DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.

RTTNews | 2小时59分钟前

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI

Indian shares rose on Monday as soft U.S. jobs data signaling a sharp deterioration in labor market conditions fueled bets of imminent Federal Reserve rate cuts.

RTTNews | 3小时50分钟前

European Shares Tick Higher In Cautious Trade

European Shares Tick Higher In Cautious Trade

European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.

RTTNews | 5小时15分钟前

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