Sensex, Nifty Turn Lower Amid Uncertainty Around Fed Easing

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Sensex, Nifty Turn Lower Amid Uncertainty Around Fed Easing

(RTTNews) - Indian shares traded lower on Friday amid signs of escalating geopolitical tensions in the Middle East and uncertainty over the pace of U.S. interest-rate cuts this year. The benchmark S&P BSE Sensex was down 345 points, or half a percent, at 74,692 while the broader NSE Nifty index slipped 102 points, or half a percent, to 22,651.

Kotak Mahindra Bank, Maruti Suzuki India, Asian Paints and JSW Steel fell 1-2 percent while Tata Motors, Coal India and Divis Laboratories all rose over 1 percent.

NTPC climbed 1.7 percent as its subsidiary NTPC Green Energy shortlisted four investment banks to manage its Rs 10,000 crore initial public offering.

Sun Pharma declined 1.6 percent after halting trial of its Parkinson's disease drug. TCS was marginally higher ahead of its Q4 earnings release.

Vodafone Idea fell about 3 percent on reports it will launch a Rs 20,000 crore follow-on public offer (FPO) on April 18.

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European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite purchasing managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes Spain's composite and services PMI survey data. The services PMI is expected to fall to 54.4 in August from 55.1 in the previous month.
RTTNews | il y a 37 minutes
European Shares Seen Up In Cautious Trade

European Shares Seen Up In Cautious Trade

European stocks are seen opening slightly higher on Wednesday as bond yields stabilized after a spike overnight and a federal judge ruled against breaking up Google, fueling optimism that tech giants will be able to weather regulatory threats.
RTTNews | il y a 1h 15min
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 moves on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | il y a 2h 55min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
RTTNews | il y a 2h 58min
Win Streak May End For Thai Stock Market

Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
RTTNews | il y a 4h 52min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
RTTNews | il y a 5h 17min