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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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Australian Market Slips To Slight Losses In Mid-market
The Australian market is slipping to slight losses in mid-market moves on Thursday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,550 level, with by weakness in energy and financial stocks partially offset gains in iron ore miners and some technology stocks.
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il y a 49 minutes
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid optimism about the outlook for interest rates after the release of some weaker than expected U.S. economic data, which raised concerns about the strength of the economy. Asian markets closed mostly higher on Wednesday.
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Sensex, Nifty Set For Muted Start
Indian shares look set to open largely unchanged on Thursday as investors look ahead to the Reserve Bank of India's (RBI) monetary policy decision on June 6, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.
RTTNews
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il y a 1h 44min
Recovery Anticipated For Thai Stock Market
The Thai stock market has moved lower in consecutive trading days, separated by the long holiday weekend - giving up more than 30 points or 2.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,130-point plateau although it's likely to bounce higher again on Thursday.
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il y a 2h 14min
Japanese Market Modestly Lower
The Japanese market is trading modestly lower on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,650 level, with weakness in automakers, exporters and financial stocks partially offset by gains in technology stocks.
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il y a 2h 37min
Higher Open Tipped For Indonesia Stock Market
The Indonesia stock market on Wednesday snapped the three-day slide in which it had dropped more than 150 points or 2.2 percent. The Jakarta Composite Index now rests just beneath the 7,070-point plateau and it's expected to open to the upside again on Thursday.
RTTNews
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il y a 2h 44min
Win Streak May Continue For Hong Kong Stock Market
The Hong Kong stock market has moved higher in back-to-back sessions, accelerating almost 500 points or 2.4 percent along the way. The Hang Seng Index now sits just above the 23,650-point plateau and it's expected to open in the green again on Thursday,
RTTNews
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il y a 2h 59min
Australian Market Modestly Higher
The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains iron ore miners and technology stocks partially offset by weakness in energy stocks.
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il y a 3h 13min
