Sensex, Nifty Subdued; IT Stocks Bounce Back

RTTNews | 10 시간 36 분 전
Sensex, Nifty Subdued; IT Stocks Bounce Back

(RTTNews) - Indian shares were moving in a narrow range on Friday despite positive cues from global markets after the Federal Reserve and the Bank of England cut interest rates as expected.

The benchmark S&P/BSE Sensex was little changed at 79,492, recouping some earlier losses.

The broader NSE Nifty index was down 19 points at 24,180.

Lupin, NCC, Cochin Shipyard, NHPC and SAIL fell 1-4 percent after reporting their quarterly earnings results.

Tata Motors fell 1.5 percent ahead of its earnings release while SBI shares were up half a percent.

Astral dropped 1 percent after posting an 18 percent drop in Q2 profit.

Shriram Finance, Coal India, BPCL and Trent fell 1-2 percent while IT stocks such as Infosys, Tech Mahindra and Wipro all were up over 1 percent.

read more
Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Richemont H1 Profit Hits On Weak China Demand; Stock Dips

Shares of Compagnie Financiere Richemont AG were losing around 4 percent in the morning trading in Switzerland after the Swiss luxury goods group reported Friday sharply lower profit in its first half with wider loss from discontinued operations as well as slightly lower sales. Weak demand in Asia Pacific, mainly China, offset improved performance in all other regions.
RTTNews | 5 시간 17 분 전
European Shares Slide As China Approves $838bn Debt Swap

European Shares Slide As China Approves $838bn Debt Swap

European stocks drifted lower on Friday as China's top legislative body - the National People's Congress (NPC) - approved the State Council's proposal to increase local government debt limit by $838 billion after a week-long session.
RTTNews | 5 시간 25 분 전
FTSE 100 Drifts Lower In Lackluster Trade

FTSE 100 Drifts Lower In Lackluster Trade

U.K. stocks were subdued on Friday, a day after the Bank of England cut interest rates as expected but signaled stickier inflation.
RTTNews | 5 시간 38 분 전
Yen Rises After Fed Rate Cut

Yen Rises After Fed Rate Cut

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after the U.S. Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates.
RTTNews | 7 시간 20 분 전
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | 8 시간 5 분 전