Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | vor 1122 Tagen
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction in early trade on Wednesday, as investors reacted to hawkish comments from Fed officials and ongoing tensions between the U.S. and China.

A measure of China's services activity grew at the fastest rate in 15 months in July, helping limit the downside in the broader market.

The benchmark S&P BSE Sensex slipped 70 points to 58,068 after five consecutive sessions of gains. The broader NSE Nifty index was down 40 points, or 0.2 percent, at 17,306.

Tata Motors, Mahindra & Mahindra, Kotak Mahindra Bank and Coal India gave up 1-2 percent while Cipla jumped 2 percent on brokerage recommendations.

Infosys, Divis Laboratories, Apollo Hospital Enterprises and JSW Steel all were up around 1 percent.

Zomato fell 2.3 percent after reports that Uber has decided to put its entire 7.8 percent stake in the restaurant aggregator on the block.

ITC dropped 1.2 percent after exiting the lifestyle retailing business.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

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RTTNews | vor 2Std 9 Minuten
Thai Stock Market Tipped To Open In The Green

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The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
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Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | vor 3Std 32 Minuten
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | vor 3Std 54 Minuten