Sensex, Nifty Little Changed In Lackluster Trade; IT Stocks Decline

RTTNews | 63天前
Sensex, Nifty Little Changed In Lackluster Trade; IT Stocks Decline

(RTTNews) - Indian shares were little changed in cautious trade on Thursday as the U.S. Federal Reserve flagged stagflation concerns and the conflict between Israel and Iran entered its seventh day.

The benchmark 30-share BSE Sensex was up 57 points, or 0.1 percent, at 81,501 in early trade while the broader NSE Nifty index edged up by 14 points to 24,825.

Tata Motors, Mahindra & Mahindra and Titan Company all were up around 1 percent while Infosys, Adani Ports and Tech Mahindra fell 1-2 percent.

ESAF Small Finance Bank jumped more than 9 percent after its board approved the sale of non-performing and technically written-off loans worth Rs 735.18 crore to an asset reconstruction company.

Hero MotoCorp gained nearly 1 percent on news it will introduce VIDA VX2 with 'Battery-As-A-Service' model on July 1.

Jio Financial Services edged up slightly after acquiring over 7.9 crore equity shares worth Rs 104.54 crore of Jio Payments Bank (JPBL) from SBI.

Abbott India rose half a percent as it signed a pact with MSD Pharmaceuticals to distribute the latter's Sitagliptin-based diabetes medicines in India.

read more
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening flat to slightly higher on Thursday as investors await the latest PMI data from the region and look forward to key speeches from Fed officials when they convene in Jackson Hole, Wyoming, for the Fed's annual economic symposium.
RTTNews | 2小时2分钟前
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash Purchasing Managers' survey results from the euro area and the UK are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data. At 3.15 am ET, S&P Global publishes France flash PMI survey results.
RTTNews | 2小时7分钟前
Sensex, Nifty Extend Gains In Cautious Trade

Sensex, Nifty Extend Gains In Cautious Trade

Indian shares traded higher for a sixth consecutive session on Thursday, though overall gains remained limited due to mixed global cues ahead of the Federal Reserve's annual symposium at Jackson Hole, Wyoming, from August 21 to August 23, where Fed Chairman Jerome Powell is due to speak.
RTTNews | 2小时58分钟前
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian market is extending early gains in mid-market moves on Thursday, adding to the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 9,000 mark to fresh all-time highs, with gains across most sectors led by mining, financial and energy stocks.
RTTNews | 4小时15分钟前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, after reports indicated the Trump administration is looking into the federal government taking equity stakes in Intel and other chipmakers in return for the federal subsidies. Traders also remain optimistic about the US Fed cutting interest rates is September.
RTTNews | 4小时38分钟前
Renewed Selling Pressure Tipped For Thai Stock Market

Renewed Selling Pressure Tipped For Thai Stock Market

The Thai stock market on Wednesday wrote a finish to the four-day losing streak in which it had slumped more than 40 points or 3.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may hand back those gains on Thursday.
RTTNews | 5小时40分钟前
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,650 level, with weakness in index heavyweights, automakers and financial stocks.
RTTNews | 5小时49分钟前