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Sensex, Nifty Subdued; IT Stocks Bounce Back

RTTNews | 74 days ago

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.

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Weak Commodity Prices, Tariff Concerns May Weigh On Bay Street; Inflation Data In Focus

Weak Commodity Prices, Tariff Concerns May Weigh On Bay Street; Inflation Data In Focus

Canadian shares are likely to open lower on Tuesday on weak commodity prices and concerns about U.S. President Donald Trump's plans to impose 25% tariffs on goods imported from Canada from February 1. Data on inflation is likely to make a significant impact as well.

RTTNews | 5h 44min ago

German Economic Confidence Weakens In January

German Economic Confidence Weakens In January

German economic sentiment deteriorated more than expected in January as the economy remained in recession for the second straight year and inflationary pressure rose recently, results of a survey by the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment fell to 10.3 from 15.7 in December. The reading was expected to drop moderately to 15.2.

RTTNews | 7h 40min ago

Sensex Plunges 1,235 Points Amid Trump's Uncertain Tariff Plan; Nifty Nears 23,000

Sensex Plunges 1,235 Points Amid Trump's Uncertain Tariff Plan; Nifty Nears 23,000

Indian shares tumbled on Tuesday, with selling seen across the board following U.S. President Donald Trump's announcement of trade tariffs on neighboring countries shortly after taking office.

RTTNews | 8h 32min ago

Yen Rises Amid BoJ Rate Hike Bets

Yen Rises Amid BoJ Rate Hike Bets

The Japanese yen recovered from recent losses against other major currencies in the Asian session on Tuesday, as traders started speculating that the Bank of Japan (BoJ) will raise interest rates at its policy meeting on Friday.

RTTNews | 8h 56min ago

FTSE 100 Up Marginally As Bank Stocks Gain

FTSE 100 Up Marginally As Bank Stocks Gain

U.K. stocks are marginally higher Tuesday morning, extending recent gains, as investors continue to assess the likely moves of Donald Trump, who was sworn-in on Monday as the President of the United States.

RTTNews | 9h 0min ago

French Stocks Up Slightly After Weak Start

French Stocks Up Slightly After Weak Start

French stocks are up marginally Tuesday morning, recovering after opening on a slightly weak note, as investors assess the possible moves of the Trump administration with regard to global trade and imposition of tariffs.

RTTNews | 9h 22min ago

DAX Drifts Lower As Auto Stocks Lose Steam On Tariff Concerns

DAX Drifts Lower As Auto Stocks Lose Steam On Tariff Concerns

German stocks are down in negative territory Tuesday morning, weighed down by losses in the automobile sector amid uncertainty over potential new tariffs following Donald Trump taking charge as U.S. President.

RTTNews | 9h 42min ago

European Shares See Slight Uptick At Open

European Shares See Slight Uptick At Open

European stocks edged up slightly in cautious trade on Tuesday after U.S. President Donald Trump refrained from imposing immediate tariffs on his first day back in office.

RTTNews | 9h 44min ago

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