Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | vor 597 Tagen
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction on Tuesday, tracking weak cues from global markets amid concerns over China's property sector and the possible impact of high oil prices on inflation and interest rates.

The benchmark S&P BSE Sensex was down 6 points at 66,017 in early trade while the broader NSE Nifty index was up 12 points at 19,686.

Larsen & Toubro rose about 1 percent after its first-ever share buyback received stupendous response, being subscribed 7.2 times.

Tata Steel rallied 2 percent after Moody's Investors Service upgraded its long-term issuer rating to Baa3.

Sheela Foam advanced 1.3 percent after completing a QIP issue.

Wipro was little changed after selling a 14-acre plot of land and building in Chennai for Rs. 266.38 crore.

Strides Pharma fell 2.4 percent after it decided to spin off its contract manufacturing business OneSource.

Fortis Healthcare gained 0.7 percent after it received board approval to acquire 100 percent stake in Artistery Properties Private Ltd for Rs. 32 crores.

RPP Infra jumped 5 percent on winning news orders worth Rs. 482.37 crores. Mangalore Chemicals declined 1.2 percent after it has shut down its ammonia and urea plants for planned maintenance.

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Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,800 level, with weakness across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | vor 30 Minuten
Indonesia Bourse May Test Resistance At 7,000 Points

Indonesia Bourse May Test Resistance At 7,000 Points

The Indonesia stock market has finished higher in two straight sessions, improving more than 150 points or 2.2 percent in that span. The Jakarta Composite Index now rests just beneath the 6,980-point plateau although investors may lock in gains on Thursday.
RTTNews | vor 39 Minuten
Oversold Hang Seng Nonetheless Called Higher Again

Oversold Hang Seng Nonetheless Called Higher Again

The Hong Kong stock market bounced higher again on Wednesday, one day after snapping the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,640-point plateau although it may tick higher again on Thursday.
RTTNews | vor 54 Minuten
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, snapping a six-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,300 level, with weakness across most sectors led by gold miners and energy stocks.
RTTNews | vor 55 Minuten
China Bourse May Add To Its Winnings On Thursday

China Bourse May Add To Its Winnings On Thursday

The China stock market has moved higher in three straight sessions, improving almost 65 points or 1.9 percent along the way. The Shanghai Composite Index now rests just above the 3,400-point plateau and it's looking at a higher open again on Thursday.
RTTNews | vor 1Std 9 Minuten
Taiwan Shares Expected To Open In The Green

Taiwan Shares Expected To Open In The Green

The Taiwan stock market has moved higher in four straight sessions, collecting almost 1,250 points or 6.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,780-point plateau and it's likely to open to the upside again on Thursday.
RTTNews | vor 1Std 39 Minuten
Rebound Anticipated For Singapore Shares

Rebound Anticipated For Singapore Shares

The Singapore stock market on Wednesday snapped the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,870-point plateau although it may bounce higher again on Thursday.
RTTNews | vor 2Std 9 Minuten
Malaysia Bourse May See Additional Support

Malaysia Bourse May See Additional Support

The Malaysia stock market has moved higher in three straight sessions, advancing more than 40 points or 2.7 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau and it may extend its gains again on Thursday.
RTTNews | vor 2Std 39 Minuten