Sensex, Nifty Follow Global Peers Lower

RTTNews | hace 699
Sensex, Nifty Follow Global Peers Lower

(RTTNews) - Indian shares ended slightly lower on Friday as risk-off sentiment prevailed in global financial markets amid fears of U.S. interest rates remaining higher for longer and concerns about spreading debt defaults in China's property market.

China's property developer Evergrande filed for bankruptcy protection in a U.S. court, raising concerns about ripple effects.

A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has raised worries of a contagion risk to the financial sector.

The benchmark S&P BSE Sensex ended the session down 202.36 points, or 0.31 percent, at 64.948.66 while the broader NSE Nifty index settled 55.10 points, or 0.28 percent, lower at 19,310.15.

Infosys, Hindalco, TCS, Tech Mahindra and Hero MotoCorp all fell around 2 percent while Adani Enterprises jumped 3.7 percent and Adani Ports added 3 percent after reports that Abu Dhabi National Energy Co. PJSC (TAQA) is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity.

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Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian stock market is doubling its early gains in mid-market moves on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with gains across all sectors led by technology and mining stocks.
RTTNews | hace 29 minutos
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders react to upbeat economic data from the U.S. and Japan that renewed optimism about the global economy. Countries are also hustling to strike trade deals with the US as the August 1 deadline for pausing of "reciprocal tariffs" is less than a fortnight away.
RTTNews | hace 41 minutos
Sensex, Nifty Seen Flat To Higher At Open

Sensex, Nifty Seen Flat To Higher At Open

Indian shares are seen opening higher on Friday after major U.S. indexes hit record closing highs overnight on the back of positive economic indicators and encouraging corporate earnings.
RTTNews | hace 1h 30min
Thai Stock Market May Be Stuck In Neutral On Friday

Thai Stock Market May Be Stuck In Neutral On Friday

The Thai stock market moved emphatically higher again on Thursday, one day after ending the three-day winning streak in which it had rallied more than 50 points or 4.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau although it may see a downward correction on Friday.
RTTNews | hace 2h 2min
Japanese Market Slightly Higher

Japanese Market Slightly Higher

Extending the gains in the previous session, the Japanese market is slightly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,900 level, with gains in exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews | hace 2h 21min
Indonesia Bourse Has Positive Lead For Friday

Indonesia Bourse Has Positive Lead For Friday

The Indonesia stock market has moved higher in nine straight sessions, gathering more than 415 points or 6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,290-point plateau and it's tipped to open in the green again on Friday.
RTTNews | hace 2h 32min
Hong Kong Stock Market Due For Support On Friday

Hong Kong Stock Market Due For Support On Friday

The Hong Kong stock market has moved lower in back-to-back sessions, sinking more than 90 points or 0.3 percent along the way. The Hang Seng Index now sits just beneath the 24,500-point plateau although it may stop the bleeding on Friday.
RTTNews | hace 2h 47min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,700 level, with gains across all sectors led by technology and mining stocks.
RTTNews | hace 2h 59min