Sensex, Nifty Marginally Lower In Early Trade; Auto Stocks Gain

RTTNews | il y a 658
Sensex, Nifty Marginally Lower In Early Trade; Auto Stocks Gain

(RTTNews) - Indian shares were a tad lower in early trade on Thursday, tracking muted global cues amid uncertainty about the trajectory of the U.S. economy.

The benchmark S&P BSE Sensex slipped 40 points to 64,935 while the broader NSE Nifty index was down 18 points at 19,425.

HDFC Life, Tech Mahindra and Tata Consumer Products fell 1-2 percent in the Nifty pack while Apollo Hospitals Enterprise, Hero MotoCorp and Mahindra & Mahindra were up 1-2 percent.

Tata Power declined 1.7 percent on reporting 8 percent growth in Q2 net profit.

Power Finance Corp jumped 5 percent after quarterly profit increased 27 percent from last year.

Bata India rallied 2.4 percent despite posting lower net profit and revenue in Q2. Raymond edged up slightly on positing flat Q2 profit.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | il y a 11 minutes
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | il y a 53 minutes
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | il y a 1h 1min
Thai Bourse May Halt Losing Streak On Thursday

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.
RTTNews | il y a 1h 10min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | il y a 1h 18min
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

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 fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.
RTTNews | il y a 1h 40min
Hong Kong Shares Poised To End Two-Day Slide

Hong Kong Shares Poised To End Two-Day Slide

The Hong Kong stock market has finished lower in consecutive trading days, tumbling almost 630 points or 2.5 percent along the way. The Hang Seng Index now rests just above the 25,200-point plateau although it may find traction on Thursday.
RTTNews | il y a 1h 55min