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Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | 595天前

Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction on Tuesday, tracking weak cues from global markets amid concerns over China's property sector and the possible impact of high oil prices on inflation and interest rates.

The benchmark S&P BSE Sensex was down 6 points at 66,017 in early trade while the broader NSE Nifty index was up 12 points at 19,686.

Larsen & Toubro rose about 1 percent after its first-ever share buyback received stupendous response, being subscribed 7.2 times.

Tata Steel rallied 2 percent after Moody's Investors Service upgraded its long-term issuer rating to Baa3.

Sheela Foam advanced 1.3 percent after completing a QIP issue.

Wipro was little changed after selling a 14-acre plot of land and building in Chennai for Rs. 266.38 crore.

Strides Pharma fell 2.4 percent after it decided to spin off its contract manufacturing business OneSource.

Fortis Healthcare gained 0.7 percent after it received board approval to acquire 100 percent stake in Artistery Properties Private Ltd for Rs. 32 crores.

RPP Infra jumped 5 percent on winning news orders worth Rs. 482.37 crores. Mangalore Chemicals declined 1.2 percent after it has shut down its ammonia and urea plants for planned maintenance.

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Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has moved higher in two straight sessions, collecting almost 600 points or 3 percent in that span. The Taiwan Stock Exchange now sits just beneath the 21,130-point plateau and it's tipped to open in the green on Tuesday.

RTTNews | 35分鐘前

Singapore Shares May Test Resistance At 3,900 Points

Singapore Shares May Test Resistance At 3,900 Points

Ahead of Monday's holiday for Wesak Day, the Singapore stock market had bounced higher again, one day after ending the five-day winning streak in which it had risen more than 60 points or 1.7 percent. The Straits Times Index now sits just above the 3,875-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 1小時5分鐘前

Malaysia Bourse Tipped To Return To The Upside

Malaysia Bourse Tipped To Return To The Upside

Ahead of Monday's holiday for Wesak Day, the Malaysia stock market had moved higher in two of three trading days since ending the two-day slide in which it had slipped six points or 0.4 percent. The Kuala Lumpur Composite Index now sits just above the 1,545-point plateau and it's likely to see additional support again on Tuesday.

RTTNews | 1小時35分鐘前

Nikkei May Crack Resistance At 38,000 Points

Nikkei May Crack Resistance At 38,000 Points

The Japanese stock market has moved higher in three straight sessions, rallying more than 860 points or 2.3 percent along the way. The Nikkei 225 now sits just beneath the 37,650-point plateau and it may extend its gains again on Tuesday.

RTTNews | 1小時50分鐘前

Tech Shares Likely To Power KOSPI

Tech Shares Likely To Power KOSPI

The South Korea stock market rebounded on Monday, one session after snapping the three-day winning streak in which it had risen more than 20 points or 0.8 percent. The KOSPI now sits just shy of the 2,610-point plateau and it may add to its winnings on Tuesday.

RTTNews | 2小時5分鐘前

New Zealand Card Retail Sales Data Due On Tuesday

New Zealand Card Retail Sales Data Due On Tuesday

New Zealand will on Tuesday release April figures for electronic card retail sales, highlighting a modest day for Asia-Pacific economic activity. In March, sales sank 0.8 percent on quarter and 1.6 percent on year.

RTTNews | 3小時5分鐘前

Pound Rises Against Most Majors

Pound Rises Against Most Majors

The pound advanced against its most major counterparts in the New York session on Monday.

RTTNews | 5小時40分鐘前

TSX Remains Firmly Up Despite Coming Off Early Highs

TSX Remains Firmly Up Despite Coming Off Early Highs

The Canadian market remains in positive territory Monday afternoon as the mood remains fairly bullion amid easing concerns about tariffs following China and U.S. agreeing on a trade deal.

RTTNews | 7小時13分鐘前

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