Sensex, Nifty Decline For Second Day On Fed, China COVID Concerns

RTTNews | vor 975 Tagen
Sensex, Nifty Decline For Second Day On Fed, China COVID Concerns

(RTTNews) - Indian shares fell on Friday but pared some losses in the afternoon trade amid optimism over softening crude prices that were not far off a four-week low hit in the previous session.

A cautious undertone prevailed due to concerns over rising COVID cases in China and hawkish comments from more U.S. Federal Reserve officials.

The rupee held largely steady in the afternoon on the back of a weaker dollar in overseas markets.

The benchmark S&P BSE Sensex fluctuated before ending the session down 87.12 points, or 0.14 percent, at 61,663.48 - extending losses for a second day running.

The broader NSE Nifty index slipped 36.25 points, or 0.20 percent, to settle at 18,307.65.

IndusInd Bank, Bajaj Finance, NTPC, Bajaj Auto and Mahindra & Mahindra fell 2-3 percent in the Nifty pack, while Hindustan Unilever, Asian Paints and HCL Technologies all rose about 1 percent.

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Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Monday, with earnings and trade developments likely to be in focus.
RTTNews | vor 1Std 18 Minuten
Asian Shares Mostly Higher In Cautious Trade

Asian Shares Mostly Higher In Cautious Trade

Asian stocks were mostly higher on Monday as trade tensions persisted, China held key lending rates and Japan's ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power.
RTTNews | vor 1Std 33 Minuten
Indonesia Bourse May See Profit Taking On Monday

Indonesia Bourse May See Profit Taking On Monday

The Indonesia stock market has moved higher in 10 straight sessions, gathering more than 440 points or 6.3 percent along the way. The Jakarta Composite Index now sits just above the 7,310-point plateau although it's overdue for consolidation on Monday.
RTTNews | vor 2Std 25 Minuten
Little Movement Seen For Hong Kong Stock Market

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market on Friday halted the two-day losing streak in which it had slipped more than 90 points or 0.3 percent. The Hang Seng Index now sits just above the 24,825-point plateau although it may be stuck in neutral on Monday.
RTTNews | vor 2Std 40 Minuten
Little Movement Likely For China Stock Market

Little Movement Likely For China Stock Market

The China stock market has finished higher in consecutive trading days, collecting more than 30 points or 0.8 percent along the way. The Shanghai Composite Index now sits just beneath the 3,535-point plateau and it's expected to hold steady at the mark on Monday.
RTTNews | vor 2Std 55 Minuten
Rally May Stall For Taiwan Stock Market

Rally May Stall For Taiwan Stock Market

The Taiwan stock market has finished higher in four straight sessions, collecting almost 770 points or 1.4 percent along the way. The Taiwan Stock Exchange now sits just above the 23,380-point plateau although it may spin its wheels on Monday.
RTTNews | vor 3Std 25 Minuten
Singapore Shares Overdue For Consolidation

Singapore Shares Overdue For Consolidation

The Singapore stock market has moved higher in 10 straight sessions, improving more than 170 points or 4.3 percent along the way. The Straits Times Index now rests just beneath the 4,190-point plateau although it's likely to see profit taking on Monday.
RTTNews | vor 3Std 55 Minuten
Malaysia Stock Market May Spin Its Wheels On Monday

Malaysia Stock Market May Spin Its Wheels On Monday

The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although investors may cash in on Monday.
RTTNews | vor 4Std 25 Minuten