Sensex Drops Over 200 Points On Mideast Tensions; Nifty Nears 24,850

RTTNews | Před 6 dny
Sensex Drops Over 200 Points On Mideast Tensions; Nifty Nears 24,850

(RTTNews) - Indian shares ended Tuesday's session modestly lower as the conflict between Israel and the Islamic republic raged and U.S. President Donald Trump called for the immediate evacuation of Tehran, signaling potential escalation of the conflict.

A rebound in oil prices along with recent FII selling weighed on markets as fighting between Iran and Israel continued for a fifth day.

The benchmark 30-share BSE Sensex dropped 212.85 points, or 0.26 percent, to 81,583.30 while the broader NSE Nifty index closed at 24,853.40, down 93.10 points, or 0.37 percent, from its previous close.

The BSE mid-cap and small-cap indexes fell 0.6 percent and 0.7 percent, respectively. The market breadth was weak on the BSE, with 2,485 shares declining while 1,489 shares advanced and 140 shares closed unchanged.

Tata Motors shares fell more than 2 percent after both global and domestic brokerages slashed its earnings forecasts and flagged margin risks.

Healthcare stocks suffered losses, with Lupin tumbling 3.6 percent and Sun Pharma declining 1.9 percent after U.S. President Trump told reporters on board the Air Force One, that tariffs on the Pharma sector are 'coming soon.'

Vishal Mega Mart shares surged 4 percent in volatile trade after a big Rs 10,488 crore block deal by promoter Samayat Services, following the end of a lock-in period. Sterlite Technologies shares continued their upward movement, soaring more than 12 percent amid heavy volumes after announcing that it plans to double down on expanding artificial intelligence (AI)-driven data centre market, both in India and globally.

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Japan Stock Market Poised To End Losing Streak

Japan Stock Market Poised To End Losing Streak

The Japan stock market has finished lower in three straight sessions, stumbling more than 530 points or 1.4 percent along the way. The Nikkei 225 now rests just above the 38,350-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The Nikkei finished modestly lower on Monday following losses from the financial shares, technology stocks and automobile producers. For the day, the index dipped 49.14 points or 0.13 percent to finish at 38,354.09 after trading between 38,026.32 and 38,368.22. Among the actives, Nissan Motor shed 0.46 percent, while Mazda Motor stumbled 2.01 percent, Toyota Motor fell 0.36 percent, Honda Motor retreated 1.23 percent, Mitsubishi UFJ Financial dropped 0.92 percent, Mizuho Financial lost 0.58 percent, Sumitomo Mitsui Financial eased 0.06 percent, Sony Group tanked 2.13 percent, Panasonic Holdings sank 0.67 percent, Hitachi declined 1.63 percent and Softbank Group was unchanged.
RTTNews | Před 12 minutami
Rebound Anticipated For South Korea Stock Market

Rebound Anticipated For South Korea Stock Market

The South Korea stock market on Monday snapped the five-day winning streak in which it had rallied almost 130 points or 4.3 percent to a three-year high. The KOSPI now rests just above the 3,010-point plateau although it's likely to bounce higher again on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | Před 27 minutami
Malaysia Inflation Data Due On Tuesday

Malaysia Inflation Data Due On Tuesday

Malaysia will on Tuesday release May data for consumer prices, highlighting a light day for Asia-Pacific economic activity. In April, inflation was up 0.1 percent on month and 1.4 percent on year.
RTTNews | Před 1 h 27 min
U.S. Dollar Lower After Fed Bowman's Comments

U.S. Dollar Lower After Fed Bowman's Comments

The U.S. dollar dropped against its major counterparts in the New York session on Monday, following dovish comments from Federal Reserve Governor Michelle Bowman.
RTTNews | Před 3 h 14 min
Swiss Stock Market Extends Losing Streak

Swiss Stock Market Extends Losing Streak

The Swiss stock market spent all of Monday bouncing back and forth across the unchanged line, but a late swoon saw the SMI extend its losing streak to seven sessions - costing it more than 465 points or 4 percent in that span.
RTTNews | Před 6 h 13 min
European Stock Market Sink On Monday

European Stock Market Sink On Monday

European stocks finished modestly lower on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.
RTTNews | Před 6 h 27 min
Tesla Stock Gains As Robotaxi Hits On Austin Roads

Tesla Stock Gains As Robotaxi Hits On Austin Roads

Tesla Inc. officially launched its highly anticipated Robotaxi driverless taxi service in Austin, Texas, on Sunday. Currently, the company is providing service in limited areas of Austin. The vehicles were confined to certain streets, and the riders reportedly included investors and social-media influencers who live-streamed their trips. On the Nasdaq, Tesla shares are currently gaining around 7
RTTNews | Před 9 h 14 min
UK Private Sector Grows At Fastest Pace In 3 Months

UK Private Sector Grows At Fastest Pace In 3 Months

The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday. The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.
RTTNews | Před 10 h 44 min