Sensex, Nifty Open Lower On Weak Global Cues

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Sensex, Nifty Open Lower On Weak Global Cues

(RTTNews) - Indian shares opened lower on Wednesday as investors waited for progress in the U.S. debt ceiling deal and the release of domestic GDP data due later in the day.

The benchmark S&P BSE Sensex was down 302 points, or half a percent, at 62,666 in early trade while the broader NSE Nifty index was down 80 points, or 0.4 percent, at 18,553.

Among the prominent decliners, Hindalco, Adani Enterprises, Reliance Industries, HDFC and ONGC all fell over 1 percent.

Adani Ports fell 1.2 percent despite reporting a 5 percent rise in Q4 net profit.

Coal India dropped 1 percent after raising prices of non-coking coal.

Patanjali Foods declined 1.1 percent after quarterly profit grew 13 percent year-on-year.

Apollo Hospitals rose over 2 percent after its quarterly consolidated net profit jumped 50 percent.

Yes Bank edged down slightly after unveiling its refreshed brand identity.

Suzlon Energy soared 6.2 percent after posting stellar Q4 earnings.

V-Guard Industries rose half a percent despite reporting a fall in Q4 profit.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves 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 to near 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 13 minutes
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 28 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 1h 11min
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 19min
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 28min
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 36min
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 58min