Home
News
默认头像

Sensex, Nifty Little Changed In Early Trade

2024-06-07MyfxbookMyfxbook
Indian shares were little changed in early trade on Tuesday, as investors react to mixed signals from Federal Reserve officials on the path of rate increases going ahead. Weak Chinese data also weighed on investor
Sensex, Nifty Little Changed In Early Trade

(RTTNews) - Indian shares were little changed in early trade on Tuesday, as investors react to mixed signals from Federal Reserve officials on the path of rate increases going ahead. Weak Chinese data also weighed on investor sentiment.

The benchmark S&P/BSE Sensex edged up by 9 points to 61,633 in lackluster trade, while the broader NSE Nifty index was up 11 points at 18,340.

Bajaj Auto, ICICI Bank, UltraTech, Hero MotoCorp and ONGC climbed 1-2 percent while both TCS and ITC were down around 1 percent.

NDTV jumped 5 percent after market regulator SEBI paved the way for billionaire Gautam Adani to take control of the media firm.

Bank of Baroda rose half a percent after hiking fixed deposit rates.

Larsen & Toubro Infotech rose 1.1 percent and Mindtree edged up slightly after their merger has come into effect.

NMDC tumbled 3.4 percent on reporting a 62 percent fall in Q2 net profit.

Biocon gave up 1.6 percent after its quarterly consolidated net profit declined 11 percent.

SpiceJet was down 0.6 percent after widening its quarterly consolidated net loss.

Disclaimers

The article is sourced from Myfxbook with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.