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Sensex, Nifty End Lower; FMCG Stocks Rally

RTTNews | 196 दिनों पहले

Sensex, Nifty End Lower; FMCG Stocks Rally

(RTTNews) - Indian shares closed lower on Tuesday despite firm cues from global markets.

Investors waited for more clarity on events surrounding the Gaza conflict after Hamas reportedly accepted an Egyptian-Qatari cease-fire proposal to halt the seven-month war with Israel, but the latter said the deal didn't meet its "core demand."

As ceasefire talks continue, Israel is pushing ahead with plans for military operations in the southern city of Rafah.

Hawkish comments from a couple of Federal Reserve officials on the rate outlook also weighed on markets.

The benchmark S&P BSE Sensex ended the session down 383.69 points, or 0.52 percent, at 73,511.85 - giving up earlier gains.

The broader NSE index dropped 140.20 points, or 0.62 percent, to 22,302.50. Among the prominent decliners, Hindalco, IndusInd Bank, ONGC, Power Grid Corp and Bajaj Auto fell 3-4 percent.

FMCG stocks rallied after reports that companies are aiming for higher volume growth in FY25 post-elections on the back of a normal monsoon season.

Media reports suggested that the industry is already witnessing signs of a rural demand recovery after a prolonged slowdown.

Hindustan Unilever surged 5.2 percent to pace the gainers while ITC, Britannia Industries and Nestle rose 1-2 percent.

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Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Tuesday.

RTTNews | 5घंटे 3 मिनट पहले

Positive Trend In Asian Markets

Positive Trend In Asian Markets

Equity markets in Asia closed on a positive note on Tuesday amidst growing hopes of more stimulus measures and expectations from the rate review by the Peoples Bank of China due on Wednesday.

RTTNews | 5घंटे 28 मिनट पहले

RBA Vigilant To Upside Risks To Inflation, Minutes Show

RBA Vigilant To Upside Risks To Inflation, Minutes Show

The Reserve Bank of Australia remained vigilant to upside risks to inflation and the board affirmed that the policy would need to be sufficiently restrictive until inflation moves sustainably towards the target, the minutes of the policy board meeting held on November 4 and 5 showed Tuesday.

RTTNews | 7घंटे 49 मिनट पहले

Antipodean Currencies Rise As Asian Markets Trade Mostly Higher

Antipodean Currencies Rise As Asian Markets Trade Mostly Higher

Antipodean currencies such as the Australian and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as traders picked up some stocks at a bargain after the recent weakness in the markets amid concerns about the outlook for interest rates. Strong gains in mining and energy stocks also boosted the markets amid climbing commodity prices.

RTTNews | 8घंटे 16 मिनट पहले

Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting

Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting

Shares of Super Micro Computer Inc. surged around 40 percent in the extended trading on The Nasdaq Stock Market after the troubled server maker announced that it has hired a new auditor and filed a compliance plan with the stock exchange, with a view to avoiding its delisting. The plan was submitted to support its request for an extension of time to regain compliance with the Nasdaq...

RTTNews | 8घंटे 30 मिनट पहले

NZ Dollar Advances Against Most Majors

NZ Dollar Advances Against Most Majors

The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.

RTTNews | 9घंटे 6 मिनट पहले

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | 9घंटे 15 मिनट पहले

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 9घंटे 32 मिनट पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.