Sensex, Nifty Decline On Mixed Global Cues

RTTNews | 526 dias atrás
Sensex, Nifty Decline On Mixed Global Cues

(RTTNews) - Indian shares traded slightly lower in early trade on Tuesday, with sentiment dented by mixed global cues and rising oil prices amid heightened geopolitical tensions.

The benchmark S&P BSE Sensex was down325 points, or half a percent, at 72,507 while the broader NSE Nifty index was down 74 points, or 0.3 percent, at 22,023.

Bharti Airtel dropped 1 percent on news it is preparing to hike telecom tariffs post Lok Sabha elections.

Paytm declined 1.6 percent after denying reports of layoffs.

ICICI Securities fell about 2 percent after Norway's Norges Bank Investment Management voted against the proposed merger of the company with ICICI Bank, and supported its delisting.

Maruti Suzuki shed 1.3 percent after it acquired a 6.44 percent stake in Delhi NCR-based artificial intelligence startup Amlgo Labs.

Tech Mahindra was down half a percent as it announced the merger of two U.S.-based subsidiaries.

IIFL Finance slumped 4.6 percent and JM Financial tumbled 3.7 percent. The RBI has initiated a special audit for breaches by the companies.

read more
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite purchasing managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes Spain's composite and services PMI survey data. The services PMI is expected to fall to 54.4 in August from 55.1 in the previous month.
RTTNews | 12 minutos atrás
European Shares Seen Up In Cautious Trade

European Shares Seen Up In Cautious Trade

European stocks are seen opening slightly higher on Wednesday as bond yields stabilized after a spike overnight and a federal judge ruled against breaking up Google, fueling optimism that tech giants will be able to weather regulatory threats.
RTTNews | 49 minutos atrás
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 2h 29min atrás
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
RTTNews | 2h 32min atrás
Win Streak May End For Thai Stock Market

Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
RTTNews | 4h 27min atrás
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
RTTNews | 4h 51min atrás