Sensex, Nifty Open Lower Ahead Of F&O Expiry

RTTNews | hace 1048
Sensex, Nifty Open Lower Ahead Of F&O Expiry

(RTTNews) - Indian shares opened lower on Thursday, tracking weak global cues and on eve of F&O expiry.

The benchmark S&P BSE Sensex was down 248 points, or 0.4 percent, at 60,662, extending losses from the previous session. The broader NSE Nifty index slipped 73 points, or 0.4 percent, to 18,049.

Risk-off sentiment prevailed in global financial markets amid concerns over the true scale of infections in China and the possibility of higher interest rates leading to a recession.

Reliance Industries edged down slightly. The company will continue to grow bigger and bigger like the proverbial banyan tree, Chairman and Managing Director Mukesh Ambani said on the occasion of his 20 years at the helm of the company.

State Bank of India was little changed on fund raising reports.

Tata Power slipped half a percent after its arm Tata Power Renewable Energy secured a contract from Tata Power Delhi Distribution Limited for setting up a 255 MW hybrid wind and solar power project in Karnataka.

Sheela Foam gained half a percent on reports that it is in talks to acquire rival mattress maker Kurlon.

Tata Steel added half a percent after raising its stake in Tata Steel Advanced Materials.

JSW Energy advanced 1.7 percent after completing acquisition of 700 MW Ind-Barath Energy (Utkal) for Rs 1,047.60 crore through insolvency proceedings.

read more
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are the major economic reports due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK labor market statistics. The jobless rate is forecast to rise to 4.9 percent in the three months to September from 4.8 percent in the preceding period.
RTTNews | hace 1h 4min
Sensex, Nifty Modestly Lower In Cautious Trade

Sensex, Nifty Modestly Lower In Cautious Trade

Indian shares were a tad lower on Tuesday despite firm cues from global markets and comments from U.S. President Donald Trump that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.
RTTNews | hace 3h 23min
Australian Market Slips To Losses In Mid-market

Australian Market Slips To Losses In Mid-market

The Australian stock market is slipping in to the red in mid-market trading on Tuesday after early gains, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | hace 4h 26min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react to further progress made towards ending the US government shutdown, with the US Senate commencing a series of votes on a package to reopen the government and end the longest shutdown on record. Asian markets closed mostly higher on Monday.
RTTNews | hace 4h 45min
Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Indian shares look set to open on a positive note Tuesday after U.S. President Donald Trump indicated he would reduce the tariff rate on Indian goods "at some point," and that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.
RTTNews | hace 5h 18min
Thai Shares Expected To Open To The Upside On Tuesday

Thai Shares Expected To Open To The Upside On Tuesday

The Thai stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,305-point plateau and it's called higher again on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.
RTTNews | hace 5h 49min
Rebound Tipped For Indonesia Stock Market

Rebound Tipped For Indonesia Stock Market

The Indonesia stock market on Monday snapped the three-day winning streak in which it had gained almost 160 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,390-point plateau although it's expected to see renewed support on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead. The JCI finished slightly lower on Monday as losses from the financials and telecoms were mitigated by support from the resource stocks and a mixed picture from the cement companies. For the day, the index eased 3.35 points or 0.04 percent to finish at the daily low of 8,391.24 after peaking at 8,478.15. Among the actives, Bank CIMB Niaga shed 0.57 percent, while Bank Mandiri fell 0.42 percent, Bank Danamon Indonesia collected 0.40 percent, Bank Negara Indonesia tumbled 1.78 percent, Bank Central Asia skidded 1.15 percent, Bank Rakyat Indonesia slumped 1.26 percent, Indosat Ooredoo Hutchison plunged 3.72 percent, Indocement improved 0.78 percent, Semen Indonesia plummeted 4.17 percent, Indofood Sukses Makmur slipped 0.35 percent, United Tractors rallied 1.36 percent, Energi Mega Persada surged 4.60 percent, Astra Agro Lestari dropped 0.96 percent, Aneka Tambang rose 0.34 percent, Vale Indonesia eased 0.22 percent, Timah soared 6.85 percent, Bumi Resources spiked 6.38 percent and Astra International was unchanged. The lead from Wall Street is solid as the major averages opened higher on Monday and largely spent most of the sessions firmly in positive territory.
RTTNews | hace 6h 19min