Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets

RTTNews | 1 일 전
Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets

(RTTNews) - Indian shares opened slightly lower on Wednesday as upbeat U.S. economic data prompted traders to pare rate cut bets.

The benchmark S&P/BSE Sensex was down 110 points, or 0.1 percent, at 78,092 in early trade, tracking a firmer dollar and elevated bond yields in international markets.

The broader NSE Nifty index dropped 25 points, or 0.1 percent, to 23,683.

Tata Elxsi fell 2.1 percent as it entered into a strategic partnership with CSIR-National Aerospace Laboratories to drive innovations in air mobility.

Ola Electric Mobility shares were down 4 percent. Market regulator SEBI has issued a warning letter to the company for violation of disclosure norms.

Birlasoft declined 1.7 percent as CEO Roopinder Singh quit the company.

Tata Steel was marginally lower after reporting a 6.17 percent YoY rise in crude steel production for Q3FY25.

NTPC shed 0.6 percent after incorporating a new subsidiary to lead its nuclear energy ventures.

Jindal Worldwide jumped more than 5 percent after announcing a 4:1 bonus issue.

Tata Technologies rallied 2.2 percent after it joined hands with Telechips to advance their automotive technologies.

WPIL surged almost 5 percent after it acquired Italian pump major MISA.

read more
Pound Slides As U.K. Borrowing Costs Soar

Pound Slides As U.K. Borrowing Costs Soar

The British pound weakened against other major currencies in the European session on Thursday, on worries about the rising borrowing costs in the U.K. and the stagflation threat.
RTTNews | 5 시간 56 분 전
FTSE 100 Moderately Higher As Mining Stocks Move Up

FTSE 100 Moderately Higher As Mining Stocks Move Up

The U.K. market is up in positive territory Thursday morning, led by gains in the mining sector, even as stocks from the retail sector are reeling under selling pressure, despite several big name retailers reporting a surge in sales. A weak pound is contributing significantly to market's upmove.
RTTNews | 6 시간 40 분 전
Eurozone Retail Sales Rise Less Than Forecast

Eurozone Retail Sales Rise Less Than Forecast

Driven by food and auto fuel turnover, Eurozone retail sales registered a marginal growth, which was weaker than expected in November, reflecting subdued household consumption towards the end of 2024. Retail sales grew 0.1 percent on month in November after easing 0.3 percent in October, data from Eurostat showed Thursday. Sales were expected to climb 0.3 percent.
RTTNews | 6 시간 56 분 전
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Thursday.
RTTNews | 7 시간 5 분 전
CAC 40 Recovers After Weak Start, Up Marginally

CAC 40 Recovers After Weak Start, Up Marginally

French stocks are turning in a mixed performance Thursday morning as investors make largely cautious moves amid a lack of fresh data. Higher U.S. bond yields, and concerns about potential tariffs under Trump's presidency as well the outlook for interest rate cuts appear to be weighing on stocks.
RTTNews | 7 시간 26 분 전
DAX Drifts Lower Despite Strong Industrial Output Data

DAX Drifts Lower Despite Strong Industrial Output Data

German stocks are a bit weak Thursday morning Despite data showing an increase in the nation's industrial output in November, German stocks are a bit weak Thursday morning, weighed down by recent weak data on factory orders and retail sales, and concerns over potential tariff hikes by the U.S.
RTTNews | 7 시간 47 분 전