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Sensex, Nifty Snap Two-day Winning Streak

RTTNews | vor 1 Tagen

Sensex, Nifty Snap Two-day Winning Streak

(RTTNews) - Indian shares fell notably on Tuesday due to persistent concerns about United States' fiscal woes and fresh sell-off by foreign institutional investors (FIIs).

Signs of moderating corporate earnings growth, concerns about lofty valuations, delays in finalizing the India-U.S. trade agreement and rising Covid-19 cases across Southeast Asia also prompted profit booking at higher levels after two days of gains. The benchmark 30-share BSE Sensex dropped 624.82 points, or 0.76 percent, to 81,551.63, with financial and IT stocks coming under heavy selling pressure.

The broader NSE Nifty index ended down 174.95 points, or 0.70 percent, at 24,826.20 while the BSE mid-cap and small-cap indexes edged up by around 0.2 percent each.

The market breadth was slightly weak on the BSE, with 1,976 shares declining while 1,960 shares rose and 148 shares ended little changed.

Tata Motors, ITC and UltraTech Cement all fell around 2 percent, while IndusInd Bank, which is under regulatory scrutiny over lapses tied to the bank's forex derivatives, jumped 2.6 percent.

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Singapore Bourse May Run Out Of Steam On Thursday

Singapore Bourse May Run Out Of Steam On Thursday

The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.

RTTNews | vor 38 Minuten

Losing Streak May Continue For Malaysia Stock Market

Losing Streak May Continue For Malaysia Stock Market

The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.

RTTNews | vor 1Std 8 Minuten

Japan Stock Market May Extend Wednesday's Losses

Japan Stock Market May Extend Wednesday's Losses

The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.

RTTNews | vor 1Std 23 Minuten

KOSPI Likely To Remain Rangebound

KOSPI Likely To Remain Rangebound

The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.

RTTNews | vor 1Std 38 Minuten

Korea Rate Decision Due On Thursday

Korea Rate Decision Due On Thursday

The Bank of Korea will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The BoK is widely expected to keep its benchmark lending rate unchanged at 2.75 percent.

RTTNews | vor 2Std 38 Minuten

Euro Falls Against Most Majors

Euro Falls Against Most Majors

The euro fell against its most major counterparts in the New York session on Wednesday.

RTTNews | vor 4Std 0 Minuten

Swiss Market Ends Notably Lower

Swiss Market Ends Notably Lower

Swiss stocks turned in a weak performance on Wednesday, losing ground gradually after opening marginally down, as uncertainty about U.S. government's trade policies rendered the mood cautious.

RTTNews | vor 7Std 21 Minuten

European Stocks Fail To Hold Early Gains, Close Broadly Lower

European Stocks Fail To Hold Early Gains, Close Broadly Lower

Despite opening on a positive note, European stocks closed broadly lower on Wednesday as investors largely made cautious moves, awaiting more clarity on U.S. President Donald Trump's tariff moves and other policy decisions.

RTTNews | vor 7Std 50 Minuten

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