Sensex, Nifty Tumble On Weak Global Cues

RTTNews | hace 514
Sensex, Nifty Tumble On Weak Global Cues

(RTTNews) - Indian shares slumped on Monday, tracking weak cues from global markets as investors fretted about escalating tensions between Iran and Israel and its potential impact on crude oil prices, inflation and the likelihood of rate cuts.

The benchmark S&P BSE Sensex was down 734 points, or 1 percent, at 73,510 while the broader NSE Nifty index fell 228 points, or a little over 1 percent, to 22,291.

Bajaj FinServ, Adani Enterprises, Tata Motors and Tata Consumer Products declined 2-3 percent in the Nifty pack while oil explorer ONGC jumped 2.4 percent.

Hindalco climbed nearly 2 percent as aluminum and nickel futures jumped to multi-month highs following fresh sanctions by the U.S. and U.K. targeting Russian metals.

State-run oil marketing companies BPCL, HPCL and IOC all fell around 3 percent after Brent crude futures climbed above $92 for the first time in nearly six months on Friday.

Vedanta dropped 1.3 percent on fund raising reports.

TCS gained 0.6 percent after Q4 profit rose 9 percent year-on-year, beating estimates.

Vodafone Idea added 1.6 percent after it announced the price band for a Rs. 18,000-crore follow-on public offering.

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Australian Market Maintains Early Losses In Mid-market

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

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Sensex, Nifty Set For Muted Start

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Soft Start Expected For Thai Stock Market

Soft Start Expected For Thai Stock Market

The Thai stock market has moved higher in four straight sessions, adding more than 25 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it's likely to open to the downside on Thursday.
RTTNews | hace 1h 38min
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Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

The Indonesia stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 260 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,700-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | hace 2h 8min
Win Streak May End For Hong Kong Stock Market

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The Hong Kong stock market has moved higher in four straight sessions, climbing almost 1,250 points or 4.9 percent along the way. The Hang Seng Index now sits just above the 26,200-point plateau although it may run out of steam on Thursday.
RTTNews | hace 2h 23min
China Stock Market May Spin Its Wheels On Thursday

China Stock Market May Spin Its Wheels On Thursday

The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
RTTNews | hace 2h 38min