Indian Shares Fluctuate In Early Trade

RTTNews | 66 days ago
Indian Shares Fluctuate In Early Trade

(RTTNews) - Indian shares were fluctuating in early trade on Tuesday, tracking mixed cues from global markets.

Underlying sentiment remained supported somewhat by the revival of the monsoon rains, easing geopolitical tensions and fresh inflows from foreign institutional investors.

The benchmark BSE Sensex was up 100 points, or 0.1 percent, at 78,391 while the broader NSE Nifty index edged up by 40 points, or 0.2 percent, to 24,467.

Cochin Shipyard slumped more than 4 percent after the government announced an Offer for Sale in the company.

Trent plummeted 10 percent after its Q1 business update failed to impress investors. Titan Company surged 3.3 percent after a strong Q1 update.

Varun Beverages fell nearly 2 percent after it signed a business transfer agreement to acquire the value-added dairy beverages, juices, and packaged drinking water business of Devyani Food Industries (Kenya) for $32 million.

Hexaware Technologies climbed 3.2 percent after announcing a strategic partnership with SmartRent.

read more
UK Economy Expands Unexpectedly

UK Economy Expands Unexpectedly

The UK economy expanded unexpectedly in July as artificial intelligence and cloud computing boosted services output, official data revealed Friday. Gross domestic product posted a monthly growth of 0.4 percent, following an increase of 0.3 percent in June and no growth in May, the Office for National Statistics reported. GDP was expected to remain flat in July.
RTTNews | 30 minutes ago
Indian Shares Tumble Amid Geopolitical Concerns

Indian Shares Tumble Amid Geopolitical Concerns

Indian shares were sharply lower in early trade on Friday as crude oil prices soared amid escalating tensions in West Asia, raising worries about India's import bill, inflation and earnings.
RTTNews | 5h 1min ago
Australian Market Extends Early Strong Losses In Mid-market

Australian Market Extends Early Strong Losses In Mid-market

The Australian stock market is extending its early strong losses in mid-market moves on Friday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
RTTNews | 6h 7min ago
Asian Markets Sink Amid Inflationary Risks

Asian Markets Sink Amid Inflationary Risks

Asian markets are mostly lower on Friday, following the negative cues from Wall Street overnight, as crude oil soars past $100 a barrel for the first time since May amid concerns of a prolonged war between the U.S. and Iran. Surging crude oil prices and treasury yields have added to concerns about inflation risks and the outlook for interest rates ahead of the US Fed's monetary policy meeting.
RTTNews | 6h 25min ago