Sensex, Nifty Pare Early Gains On Weak China Trade Data

RTTNews | il y a 1023
Sensex, Nifty Pare Early Gains On Weak China Trade Data

(RTTNews) - Indian shares pared early gains on Monday as China reported disappointing trade data, with both exports and imports contracting in October.

The benchmark S&P BSE Sensex was up 83 points, or 0.1 percent, at 61,034 after having hit a high of 61,401 earlier in the day. The broader NSE Nifty index was up 40 points, or 0.2 percent, at 18,17.

Britannia Industries soared 9 percent after its second quarter profit beat expectations.

State Bank of India jumped nearly 4 percent after posting its highest ever quarterly profit.

Dr Reddy's Laboratories fell more than 1 percent on news it has earmarked a capex of around Rs. 1,500 crore for FY23.

Reliance Industries edged down slightly on reports it would acquire German retailer METRO AG's Cash & Carry business in India in a deal estimated at around 500 million euros (Rs. 4,060 crore).

InterGlobe Aviation slipped half a percent after its Q2 net loss widened.

Maruti Suzuki India gained 1 percent after unveiling its capex plans for current fiscal.

Bank of Baroda soared 11 percent on reporting a 59 percent jump in quarterly net profit.

Titan Company declined 1.7 percent despite posting 33 percent growth in Q2 profit.

read more
Sensex, Nifty Deep In The Red On Tariff Worries

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
RTTNews | il y a 1h 28min
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.
RTTNews | il y a 2h 41min
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.
RTTNews | il y a 3h 2min
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | il y a 4h 13min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | il y a 4h 40min
Indonesia Bourse May Hand Back Monday's Gains

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to 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 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | il y a 4h 43min