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Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets

RTTNews | 187天前

Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets

(RTTNews) - Indian shares opened slightly lower on Wednesday as upbeat U.S. economic data prompted traders to pare rate cut bets.

The benchmark S&P/BSE Sensex was down 110 points, or 0.1 percent, at 78,092 in early trade, tracking a firmer dollar and elevated bond yields in international markets.

The broader NSE Nifty index dropped 25 points, or 0.1 percent, to 23,683.

Tata Elxsi fell 2.1 percent as it entered into a strategic partnership with CSIR-National Aerospace Laboratories to drive innovations in air mobility.

Ola Electric Mobility shares were down 4 percent. Market regulator SEBI has issued a warning letter to the company for violation of disclosure norms.

Birlasoft declined 1.7 percent as CEO Roopinder Singh quit the company.

Tata Steel was marginally lower after reporting a 6.17 percent YoY rise in crude steel production for Q3FY25.

NTPC shed 0.6 percent after incorporating a new subsidiary to lead its nuclear energy ventures.

Jindal Worldwide jumped more than 5 percent after announcing a 4:1 bonus issue.

Tata Technologies rallied 2.2 percent after it joined hands with Telechips to advance their automotive technologies.

WPIL surged almost 5 percent after it acquired Italian pump major MISA.

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Swiss Market Settles Slightly Up After Lackluster Session

Swiss Market Settles Slightly Up After Lackluster Session

The Switzerland market, which remained in the red save for a brief while at the fag end of the day's session, settled with a small gain on Monday. The mood in the market was very cautious as trade war fears escalated after U.S. President Donald Trump announced over the weekend that he would impose a 30% tariff on EU imports from August 1.

RTTNews | 2小时48分钟前

European Stocks Close Mostly Lower

European Stocks Close Mostly Lower

Despite staging a recovery in late afternoon trades, European markets mostly ended on a weak note on Monday as worries about global trade escalated after U.S. President Donald Trump announced over the weekend that he would levy a 50% tariff on EU imports from August 1.

RTTNews | 3小时8分钟前

Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares may open on a mixed note Monday morning, tracking a weak lead from European markets and firm commodity prices. The mood is likely to be cautious as investors await Canadian inflation data for the month of June on Tuesday.

RTTNews | 8小时20分钟前

Pound Falls As Traders Speculate BoE Rate Cut Decision

Pound Falls As Traders Speculate BoE Rate Cut Decision

The British pound weakened against other major currencies in the European session on Monday, as traders speculate that the Bank of England (BoE) is likely to reduce its interest rate in the next month's monetary policy decision.

RTTNews | 8小时45分钟前

FTSE 100 Modestly Higher

FTSE 100 Modestly Higher

The U.K. market is up in positive territory on Monday, even as other major markets in Europe are languishing in negative territory amid rising concerns about trade war following U.S. President Donald Trump's threat that he would impose a 30% tariff on EU imports from August 1.

RTTNews | 8小时57分钟前

Dollar Rebounds As Trade War Escalates

Dollar Rebounds As Trade War Escalates

A steep escalation in the trade related tensions between the U.S. and its trade partners boosted the dollar and the Dollar Index during the week ended July 11.

RTTNews | 9小时11分钟前

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Monday.

RTTNews | 9小时12分钟前

CAC 40 Moderately Lower As Trade War Concerns Hurt Sentiment

CAC 40 Moderately Lower As Trade War Concerns Hurt Sentiment

French stocks are down in negative territory on Monday, weighed down by trade war concerns following U.S. President Donald Trump's threat that he would impose a 30% tariff on EU imports from August 1.

RTTNews | 9小时23分钟前

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