Sensex, Nifty Open Lower On Weak Global Cues

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Sensex, Nifty Open Lower On Weak Global Cues

(RTTNews) - Indian shares were slightly lower on Monday, mirroring weal cues from global markets ahead of key U.S. inflation data due this week that might influence the Fed's rate trajectory.

The benchmark S&P BSE Sensex was down 90 points at 74,033 in early trade while the broader NSE Nifty index was down 8 points at 22,485.

JM Financial slumped 8 percent after market regulator SEBI barred the company from taking new mandates as a merchant banker for debt public issues.

Vedanta dropped 1 percent after receiving an administrative warning from SEBI. GAIL fell 1.6 percent after slashing CNG prices.

Torrent Power soared 7.3 percent after it won a letter of award worth Rs 1,540 crore from the Maharashtra state electricity distribution company.

Rail Vikas Nigam surged 5 percent on bagging a contract worth Rs 251 crore from Madhya Pradesh Poorv Kshetra Vidyut Vitaran.

PNC Infratech climbed 1.1 percent on winning an order worth Rs 1,174 crore in Madhya Pradesh.

H.G. Infra Engineering jumped 2.3 percent after it was declared a L-l bidder by National Highways Authority of India for a project worth Rs 610.11 crore.

Adani Enterprises and Adani Ports both rose about 1 percent on reports the Group is expanding its airport business.

Tata Communications added 1 percent after opening a new world-class production and delivery facility in Los Angeles.

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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.
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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.
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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 | 1घंटे 9 मिनट पहले
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 | 1घंटे 17 मिनट पहले
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 | 1घंटे 26 मिनट पहले
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 | 1घंटे 34 मिनट पहले
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.
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