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Sensex, Nifty Slide As Investors Brace For Key Earnings

RTTNews | vor 1053 Tagen

Sensex, Nifty Slide As Investors Brace For Key Earnings

(RTTNews) - Indian shares opened lower on Tuesday in cautious trade as investors looked ahead to some key U.S. tech earnings, the U.S. Q2 GDP data and the Fed's interest-rate decision.

The benchmark S&P BSE Sensex fell 265 points, or half a percent, to 55,501 in early trade, while the broader NSE Nifty index was down 73 points, or 0.4 percent, at 16,558.

HCL Technologies, Hero Moto Corp, Nestle India, Infosys and Dr Reddy's Laboratories lost 1-2 percent in the Nifty pack, while Bajaj Finserv jumped 2.4 percent ahead of a board meet on Thursday to consider a stock split proposal.

Tata Steel rose over 1 percent despite reporting a 13 percent decline in Q1 profit.

Axis Bank fell about 1 percent even as the bank's quarterly profit nearly doubled.

Canara Bank was down 0.7 percent despite reporting a 72 percent jump in first-quarter net profit.

Tech Mahindra declined 0.6 percent after its Q1 profit fell 16.4 percent year-on-year and by 24.8 percent on a sequential basis.

Sun Pharma dropped half a percent. LIC said it has reduced shareholding by selling 2 percent in the company.

Bharti Airtel was declining while Vodafone Idea was modestly higher ahead of the 5G spectrum auction starting later today.

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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday after opening in the green, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.

RTTNews | vor 15 Minuten

China Stock Market May Add To Its Winnings On Friday

China Stock Market May Add To Its Winnings On Friday

The China stock market has moved higher in back-to-back sessions, collecting more than 15 points or 0.4 percent in that span. The Shanghai Composite Index now sits just above the 3,400-point plateau and it's expected to see continued strength on Friday.

RTTNews | vor 21 Minuten

Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

The Taiwan stock market on Thursday ended the three-day winning streak in which it had rallied more than 810 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,290-point plateau and it may see renewed support on Friday.

RTTNews | vor 51 Minuten

Singapore Bourse May Extend Thursday's Gains

Singapore Bourse May Extend Thursday's Gains

The Singapore stock market on Thursday ended the two-day slide in which it had fallen more than 15 points or 0.4 percent. The Straits Times Index now sits just above the 3,920-point plateau and it's tipped to open to the upside again on Friday.

RTTNews | vor 1Std 21 Minuten

Malaysia Stock Market May See Additional Support

Malaysia Stock Market May See Additional Support

The Malaysia stock market has ticked higher in consecutive trading days, gathering almost 10 points or 0.6 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau and it may add to its winnings again on Friday.

RTTNews | vor 1Std 51 Minuten

Win Streak May Continue For South Korea Stock Market

Win Streak May Continue For South Korea Stock Market

The South Korea stock market has finished higher in seven straight sessions, collecting more than 225 points or 8.2 percent along the way. The KOSPI now rests just above the 2,920-point plateau and it's tipped to open in the green again on Friday.

RTTNews | vor 2Std 21 Minuten

New Zealand Manufacturing PMI Data Due On Friday

New Zealand Manufacturing PMI Data Due On Friday

New Zealand will on Friday release May results for the manufacturing PMI from BusinessNZ, highlighting a light day for Asia-Pacific economic activity. In April, the PMI score was 53.9.

RTTNews | vor 3Std 15 Minuten

Taiwan Shares May Bounce Higher Again On Friday

Taiwan Shares May Bounce Higher Again On Friday

The Taiwan stock market on Thursday ended the three-day winning streak in which it had rallied more than 810 points or 3.6 percent. The Taiwan Stock Exchange now sits just beneath the 22,290-point plateau and it may see renewed support on Friday.

RTTNews | vor 3Std 38 Minuten

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