European markets in negative territory as investors assess interest rate decisions – CNBC

An Hour Ago

European markets opened lower, with all sectors in the red.

The pan-European Stoxx 600 index was down 0.3% in early trade, with all sectors in negative territory. Mining stocks led losses with a 1.9% drop, followed by travel and leisure, which fell 1.4%.

Hannah Ward-Glenton

8 Hours Ago

Goldman Sachs has forecast "healthy" growth in new lending at three major Indian banks over the next six months, which could lead to a significant upside for those stocks.

The Wall Street bank said Indian bank stocks have underperformed over the past three to six months despite a positive outlook for lending growth in the sector.

It named three lenders, that are expected to outperform the sector over the next 12 months, as "Top Buys".

CNBC Pro subscribers can read more here.

Ganesh Rao

8 Hours Ago

Portfolio manager Kamil Dimmich of North of South Capital says the word on the ground is that stocks in technology firm Nvidia are cheap even as he may personally not think so.

Shares in Nvidia tripled this year as the company's market valued topped $1 trillion over the optimism surrounding its artificial intelligence-powered applications.

Dimmich, who manages the $1.5 billion Pacific North of South Emerging Market All Cap Equity fund, says he is "always looking for great companies with strong cashflows that are not correctly reflected in the market." His focus is identifying undervalued stocks in emerging markets.

What is his list of 'great value' companies to watch?

CNBC Pro subscribers can read more here.

Amala Balakrishner

5 Hours Ago

European markets are expected to open in negative territory Monday.

The U.K.'s FTSE 100 index is expected to open 25 points lower at 7,666, Germany's DAX down 36 points at 15,526, France's CAC down 29 points at 7,161 and Italy's FTSE MIB down 74 points at 28,521, according to data from IG.

Data releases include Germany's closely watched Ifo Institute survey of business conditions for September.

Holly Ellyatt

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European markets in negative territory as investors assess interest rate decisions - CNBC

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