Sensex, Nifty Mixed In Early Trade; FMCG Stocks Rally

RTTNews | hace 916
Sensex, Nifty Mixed In Early Trade; FMCG Stocks Rally

(RTTNews) - Indian shares traded mixed on Thursday as traders weighed firm global cues against concerns about high debt at the Adani Group.

The benchmark S&P BSE Sensex was up 90 points, or 0.1 percent, at 59,798 in early trade, while the broader NSE Nifty index was down 17 points, or 0.1 percent, at 17,599.

ONGC, Apollo Hospitals Enterprise, HDFC Life and UPL lost 2-6 percent in the Nifty pack, while Infosys, IndusInd Bank, SBI Life, ITC and Britannia Industries rallied 2-4 percent.

Adani Enterprises tumbled 3 percent. The company withdrew its Rs 20,000 crore follow-on public offering (FPO), saying that going ahead with the issue would not be morally correct and the interest of the investors is paramount.

TVS Motor dropped 1 percent on posting flat sales for January.

Maruti Suzuki India gained 1.3 percent on posting 12 percent growth in January sales.

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Sensex, Nifty Little Changed In Early Trade

Sensex, Nifty Little Changed In Early Trade

Indian shares were little changed in cautious trade on Wednesday after U.S. President Donald Trump threatened to raise tariffs on Indian goods "very substantially" within 24 hours, citing India's continued purchases of Russian oil.
RTTNews | hace 1h 4min
European Economic News Preview: Germany Factory Orders Data Due

European Economic News Preview: Germany Factory Orders Data Due

Factory orders and construction purchasing managers' survey data from Germany and retail sales from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data for June. Orders are forecast to grow 1.0 percent month-on-month, in contrast to the 1.4 percent fall in May.
RTTNews | hace 1h 19min
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market moves on Wednesday, extending to the gains in the previous two sessions, with the benchmark S&P/ASX 200 moving above the 8,800 level to all-time record highs, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | hace 2h 10min
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, amid the ongoing trade concerns following US President Donald Trump's latest comments on tariffs. Trump said he will be announcing new tariffs on semiconductors and chips as well as up to 250 percent on pharmaceuticals imported into the U.S.
RTTNews | hace 2h 34min
Sensex, Nifty Likely To Open On Flat Note On Tariff Worries

Sensex, Nifty Likely To Open On Flat Note On Tariff Worries

Indian shares look set to open on a flat note Wednesday as investors react to U.S. President Donald Trump's latest tariff threats and await the Reserve Bank of India's policy announcement, with investors expecting a rate pause and dovish signals to offset rising external risks.
RTTNews | hace 3h 6min
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, gathering almost 30 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just above the 1,245-point plateau and it's expected to open under pressure on Wednesday.
RTTNews | hace 3h 39min
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Wednesday after opening well in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 40,550 level, with gains in automakers, exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews | hace 4h 1min
Indonesia Stock Market May Open In The Red On Wednesday

Indonesia Stock Market May Open In The Red On Wednesday

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,515-point plateau and it may hand back Tuesday's gains on Wednesday.
RTTNews | hace 4h 9min