Indian Stocks Finish Lower

RTTNews | hace 815
Indian Stocks Finish Lower

(RTTNews) - Indian stocks declined on Thursday after the Reserve Bank of India kept rates steady but hinted at further rate hikes if necessary to combat inflation. Despite the pause, the RBI made it clear that the decision was not meant to be a policy pivot.

S&P BSE Sensex closed at 62,848.64, a loss of 294.32 points or 0.47 percent from the previous close.

NTPC was the top gainer in the S&P BSE Sensex with a 2.62 percent uptick. Kotak Mahindra Bank was the biggest laggard, shedding 2.68 percent.

At the sectoral level, Power was the top-gainer with a 0.89 percent uptick, followed by Utilities which advanced 0.74 percent. Realty has declined the most, by 1.5 percent, followed by Telecommunications which has shed 1.1 percent. The broader S&P Nifty 50 opened at 18,725.35 and touched a high of 18,777.90. The index closed at 18,634.55, declining 0.49 percent from Wednesday's close.

NTPC topped with a 3.1 percent rally. Grasim Industries was the biggest laggard, declining 3.06 percent.

In Nifty, at the sectoral level, Metal was the only sector that closed in the green, gaining 0.16 percent. Realty declined 1.59 percent whereas Media dropped 1.52 percent.

read more
European Economic News Preview: UK Mortgage Approvals, House Price Data Due

European Economic News Preview: UK Mortgage Approvals, House Price Data Due

Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.
RTTNews | hace 1h 15min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,950.00 mark, with weakness in iron ore miners, energy, technology and financial stocks. Gold miners are the only bright spot.
RTTNews | hace 3h 36min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, dragged down by tumbling technology stocks that mirrored their peers on Nasdaq. Traders also are concerned about the renewed uncertainty about US President Donald Trump's reciprocal tariffs after a U.S. federal appeals court ruled that the majority of his sweeping tariffs were illegal.
RTTNews | hace 3h 52min
Thai Shares Tipped To Open Under Water On Monday

Thai Shares Tipped To Open Under Water On Monday

The Thai stock market turned lower again on Friday, one day after snapping 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 1,235-point plateau and it's likely to open under pressure again on Monday.
RTTNews | hace 5h 3min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 42,300 level, with weakness across most sectors led by tumbling technology stocks. Automakers were the only bright spot.
RTTNews | hace 5h 19min