Indian shares to open lower on weak earnings, Fed rate hike worries

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Indian shares were set to open lower on Monday on weakness in sentiment due to lacklustre fourth-quarter earnings from the top two IT firms and rising odds of a U.S. Federal Reserve rate hike in May.

a nearly 20% year-on-year rise in net profit in the March quarter, aided by healthy net interest income and robust loan growth.

Global equities remained subdued on rising odds of a 25-basis point Fed rate hike in May after data showed resilience in core U.S. retail sales.A rise in crude prices is a negative for oil-importing countries like India, where the commodity constitutes a significant share of the import bill.2.22 billion Indian Rupees worth of equities on Thursday.logging its third consecutive gain on Thursday.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 2. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين