Indian Shares Reverse Early Gains Amid F&O Expiry

RTTNews | vor 1074 Tagen
Indian Shares Reverse Early Gains Amid F&O Expiry

(RTTNews) - Indian shares reversed early gains to end lower on Thursday, with rising oil prices and caution ahead of Federal Reserve Chairman Jerome Powell's speech Friday at the Jackson Hole economic conference weighing on sentiment.

The benchmark S&P BSE Sensex tumbled 710 points from the day's highs to end the session down 310.71 points, or 0.53 percent, at 58,774.72.

The broader NSE Nifty index fell 82.50 points, or 0.47 percent, to 17,522.45 amid the expiry of F&O August series derivative contracts.

Axis Bank, IndusInd Bank, Cipla, Bajaj Finance and Adani Ports dropped 1-2 percent in the Nifty pack, while Divis Laboratories, Hindalco and Shree Cement all rose about 1 percent.

NDTV Ltd shares extended gains for a second day, climbing 5 percent to reach the upper circuit limit of Rs 407.60 on the National Stock Exchange following Adani Group's attempt to acquire the television news channel.

Global cues were mostly positive, while oil held recent gains on mounting supply tightness concerns.

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Japan Stock Market May Extend Friday's Losses

Japan Stock Market May Extend Friday's Losses

The Japan stock market headed south again on Friday, one day after ending the four-day losing streak in which it had given up almost 1,175 points or 2.8 percent. The Nikkei 225 now sits just shy of the 40,800-point plateau and it may open to the downside again on Monday.
RTTNews | vor 12 Minuten
South Korea Shares May Extend Losing Streak

South Korea Shares May Extend Losing Streak

The South Korea stock market has moved lower in back-to-back sessions, tumbling more than 135 points or 3.9 percent along the way. The KOSPI now sits just shy of the 3,120-point plateau and it's likely to take further damage on Monday.
RTTNews | vor 27 Minuten
Japan Monetary Base Data Due On Monday

Japan Monetary Base Data Due On Monday

Japan will on Monday release July figures for monetary base, highlighting a very light day for Asia-Pacific economic activity. In June, the base was down 3.3 percent on year.
RTTNews | vor 1Std 27 Minuten
U.S. Construction Spending Unexpectedly Sees Further Downside In June

U.S. Construction Spending Unexpectedly Sees Further Downside In June

The Commerce Department released a report on Friday unexpectedly showing a continued decrease by U.S. construction spending in the month of June. The report said construction spending fell by 0.4 percent to an annual rate of $2.136 trillion in June after sliding by 0.5 percent to a revised rate of $2.144 trillion in May.
RTTNews | vor 2 Tagen
U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July

U.S. Consumer Sentiment Improves Marginally Less Than Previously Estimated In July

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved marginally less than previously estimated in the month of July. The University of Michigan said its consumer sentiment index for July was downwardly revised to 61.7 from a preliminary reading of 61.8. Economists had expected the index to be upwardly revised to 62.0.
RTTNews | vor 2 Tagen