Sensex, Nifty Tumble On Weak Global Cues

RTTNews | Před 407 dny
Sensex, Nifty Tumble On Weak Global Cues

(RTTNews) - Indian shares opened sharply lower on Monday as a weak July U.S. jobs report as well as disappointing earnings from the likes of Intel and Amazon ignited worries that the world's largest economy could be falling into a recession under the weight of the Federal Reserve's policy of high interest rates.

The benchmark S&P/BSE Sensex was down 1,550 points, or 1.9 percent, at 79,531 in early trade, mirroring a global sell-off. The broader NSE Nifty index dipped 478 points, or 1.9 percent, to 24,239.

LTIMindTree, Shriram Finance, Hindalco, ONGC and Tata Motors tumbled 3-4 percent in the Nifty pack while Britannia Industries and Sun Pharma both rose over 1 percent on defensive buying.

Bank of India slumped 4 percent as it reported a 10 percent rise in quarterly profit. NTPC dropped 2.1 percent after 3.66 million shares of the company changed hands in a block trade.

Divis Laboratories fell 1.8 percent despite reporting 21 percent year-on-year growth in Q1 net profit.

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European Economic News Preview: UK Unemployment Data Due

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RTTNews | Před 3 h 3 min
Asian Markets Mixed Amid Cautious Trades

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RTTNews | Před 3 h 11 min
Thai Shares May Crack Resistance At 1,300 Points

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The Thai stock market has moved higher in seven straight sessions, adding more than 45 points or 3.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau and it may tick higher again on Tuesday.
RTTNews | Před 4 h 23 min
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher in post-holiday trading on Tuesday after opening well in the green, and briefly slipping in to the red, recouping the losses in the previous session, following the positive cues from Wall Street overnight. The Nikkei 225 is moving above the 44,800 level, with gains in automakers and technology stocks partially offset by weakness in financial stocks.
RTTNews | Před 4 h 50 min