Indian Shares Little Changed In Lackluster Trade

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Indian Shares Little Changed In Lackluster Trade

(RTTNews) - Indian shares fluctuated in a narrow range on Friday, as investors awaited the release of all-important U.S. jobs data for August later in the day for clues on the size of the Federal Reserve's next interest-rate hike.

The benchmark S&P/BSE Sensex was marginally higher at 58,771, while the broader NSE Nifty index was down 10 points at 17,533.

Apollo Hospitals rose nearly 3 percent after it partnered with Africa's Eclipse Group to set up a cancer institute in Tanzania.

NTPC added 2 percent as it received shareholder nod to raise up to Rs 12,000 crore through issuance of non-convertible debentures on a private placement basis.

TVS Motor Company advanced 1.8 percent on reporting a 15 percent rise in sales in August.

Eicher Motors gained 1 percent after it logged a 53 percent jump in motorcycle sales in August.

Adani Enterprises edged up slightly on news it will replace Shree Cement in the Nifty-50 index from 30 September. Shares of the latter were down 1 percent.

ONGC, Hindalco, IndusInd Bank and BPCL all were down over 1 percent.

HDFC slid half a percent on fund raising reports.

Hero MotoCorp declined half a percent after reporting a marginal rise in monthly sales.

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Lower Open Anticipated For Hong Kong Stock Market

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Australian Market Modestly Higher

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China Shares May Open Under Pressure On Thursday

The China stock market has finished lower in five straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just beneath the 3,340-point plateau and it may see continued consolidation on Thursday.
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The Singapore stock market has moved higher in two straight sessions, advancing more than 35 points or 0.9 percent along the way. The Straits Times Index now sits just above the 3,910-point plateau although the rally may stall on Thursday.
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The Malaysia stock market has moved lower in three straight sessions, slipping more than a dozen points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's looking at another soft start again on Thursday.
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Japan Stock Market May Extend Wednesday's Losses

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The Japan stock market on Wednesday snapped the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 27,720-point plateau and it may take further damage on Thursday.
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KOSPI Likely To Remain Rangebound

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The South Korea stock market has moved higher in two of three trading days since the end of the two-day slide in which it had given up almost 35 points or 1.4 percent. The KOSPI now rests just above the 2,670-point plateau and it may hand back some of those gains on Thursday.
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