Sensex, Nifty Decline After Powell's Comments

RTTNews | 969 hari yang lalu

(RTTNews) - Indian shares ended Monday's session modestly lower as the dollar and bond yields rose in international markets amid much uncertainty about the Federal Reserve's monetary path this year.

The dollar hit a two-month high after U.S. data released on Friday showed much stronger than expected job growth in January and an improvement in consumer sentiment, prompting investors to scale back expectations of swift interest-rate cuts.

Further weighing on investors' risk appetite, Federal Reserve Chair Jerome Powell made it clear during a "60 Minutes" interview aired on Sunday night that policymakers will wait to see continued progress toward cooler price increases before cutting interest rates.

The benchmark S&P BSE Sensex ended the session down 354.21 points, or 0.49 percent, at 71,731.42, after staying listless for better part of the day. The broader NSE Nifty index settled 82.10 points, or 0.38 percent, lower at 21,771.70 due to fag-end selling.

UPL plummeted nearly 11 percent on brokerage downgrades post dismal Q3 results. Bharti Airtel tumbled 3.2 percent ahead of its earnings release while Grasim, HDFC Life and Bajaj Finance all fell around 3 percent.

Paytm slumped 10 percent to extend last week's heavy losses.

The company has refuted reports claiming that it may face an investigation from the Enforcement Directorate (ED) on charges of money laundering by Paytm Payments Bank.

Among the top performers, Tata Motors jumped 5.8 percent after reporting an over two-fold rise in its December-quarter profit.

Coal India surged 5.1 percent while Cipla, Sun Pharma and BPCL all rose around 3 percent.

baca selengkapnya

TSX Remains In Negative Territory; Tech, Energy Stocks Climb Higher

Canadian stocks languish in negative territory on Thursday, tracking a sell-off in global markets due to rising oil prices and elevated bond yields.

RTTNews | 2 jam 21 menit yang lalu

Swiss Market Ends Sharply Lower

The Switzerland market ended sharply lower on Thursday, like most of the markets across Europe, as higher bond yields and rising oil prices continued to hurt sentiment, prompting investors to exit counters. Data showing an acceleration in Swiss consumer price inflation in September hurt as well.

RTTNews | 2 jam 55 menit yang lalu

European Markets Slide To Multi-Month Lows Amid Energy, Yield Surge

European equities declined sharply Thursday amid rising oil prices and bond yields. The FTSE 100 fell 1.68%, DAX dropped over 1%, and CAC 40 lost 1.6%. Brent crude climbed to $101.50, up 3.5%. Regional inflation concerns raised monetary tightening prospects.

RTTNews | 3 jam 21 menit yang lalu

U.S. Construction Spending Unexpectedly Increases In August

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

RTTNews | 5 jam 57 menit yang lalu

U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

RTTNews | 6 jam 3 menit yang lalu

U.S. Jobless Claims Unexpectedly Edge Down To 197,000

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

RTTNews | 7 jam 35 menit yang lalu

Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Shares of Accenture plc were climbing around 18 percent in pre-market activity on the NYSE after the Irish professional services company reported Thursday strong growth in fourth-quarter earnings, revenues and bookings, with improved performance in all industry groups and regions. Further, the firm issued positive outlook for first quarter and fiscal 2027.

RTTNews | 7 jam 37 menit yang lalu

Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

European equities declined sharply Thursday amid weak UK housing data and softer French manufacturing reports. Despite easing US inflation concerns, investors remained reluctant to add stock positions. Oil prices climbed on Middle East tensions, with Brent crude reaching $100.79 per barrel.

RTTNews | 7 jam 48 menit yang lalu

EURUSD	1.12421	GBPUSD	1.31935
USDJPY	158.084	USDCAD	1.42222