Sensex, Nifty Open Lower; IT Stocks Buck Weak Trend

RTTNews | 589 hari yang lalu
Sensex, Nifty Open Lower; IT Stocks Buck Weak Trend

(RTTNews) - Indian shares opened on a subdued note Tuesday, tracking mixed cues from global markets amid prevailing uncertainty about U.S. President Donald Trump's tariff plans.

The benchmark S&P/BSE Sensex was down 178 points, or 0.2 percent, at 75,819 while the broader NSE Nifty index dipped 74 points, or 0.3 percent, to 22,885.

Tata Steel, Shriram Finance, BEL, BPCL and Grasim all fell around 2 percent while IT stocks such as Infosys, Wipro and Tech Mahindra were up around 1 percent each on expectations that a weakening rupee will boost their profit margins.

Bharti Airtel edged down slightly after one of its promoter entities, Indian Continent Investment, announced plans to offload a 0.8 percent stake through a block deal.

SBI Cards fell about 1 percent after appointing a new MD and CEO.

ABB India rallied 3.6 percent on robust quarterly results.

Gabriel India tumbled 3.2 percent after it has entered into a license agreement with Marelli Suspension Systems Italy S.p.A.

Zomato dropped 1 percent on news it is venturing into AI-driven customer support.

baca selengkapnya
Chicago Business Barometer Surges Back Into Expansionary Territory In September

Chicago Business Barometer Surges Back Into Expansionary Territory In September

A report released by MNI Indicators on Wednesday showed a substantial rebound by its reading on Chicago-area business activity in the month of September. MNI Indicators said its Chicago business barometer spiked to 58.8 in September from 47.1 in August, with a reading above 50 indicating growth. Economists had expected the index to jump to 51.0.
RTTNews | 1 jam 31 menit yang lalu
U.S. Consumer Prices Rise 0.3% In August, Slightly Less Than Expected

U.S. Consumer Prices Rise 0.3% In August, Slightly Less Than Expected

The Commerce Department released a closely watched report on Wednesday showing consumer prices in the U.S. rose by slightly less than expected in the month of August. The Commerce Department said its personal consumption expenditures (PCE) price index increased by 0.3 percent in August following a revised 0.1 percent uptick in July.
RTTNews | 1 jam 48 menit yang lalu
U.S. Private Sector Job Growth Exceeds Estimates In September

U.S. Private Sector Job Growth Exceeds Estimates In September

Private sector employment in the U.S. jumped by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment shot up by 90,000 jobs in September after rising by a downwardly revised 36,000 jobs in August. Economists had expected private sector employment to increase by 70,000 jobs.
RTTNews | 2 jam 16 menit yang lalu
Canadian Stocks Poised For Gains On Oil, Metals Rally

Canadian Stocks Poised For Gains On Oil, Metals Rally

Canadian equities are expected to open higher Wednesday, supported by firmer crude oil and precious metals prices benefiting energy and materials sectors. Caution persists due to Middle East tensions and stalled U.S.-China trade negotiations.
RTTNews | 2 jam 49 menit yang lalu
Conagra Brands Q1 Profit Rises, Sales Down; Confirms FY27 View; Shares Drop

Conagra Brands Q1 Profit Rises, Sales Down; Confirms FY27 View; Shares Drop

Packaged foods major Conagra Brands, Inc. reported Wednesday higher first-quarter profit, despite weak sales mainly in Grocery & Snacks and Refrigerated & Frozen segments. Further, the firm maintained fiscal 2027 outlook. In the pre-market activity on the NYSE, the shares were trading 2.27 percent lower.
RTTNews | 3 jam 10 menit yang lalu