Sensex, Nifty Decline On Mixed Global Cues

RTTNews | 526 days ago
Sensex, Nifty Decline On Mixed Global Cues

(RTTNews) - Indian shares traded slightly lower in early trade on Tuesday, with sentiment dented by mixed global cues and rising oil prices amid heightened geopolitical tensions.

The benchmark S&P BSE Sensex was down325 points, or half a percent, at 72,507 while the broader NSE Nifty index was down 74 points, or 0.3 percent, at 22,023.

Bharti Airtel dropped 1 percent on news it is preparing to hike telecom tariffs post Lok Sabha elections.

Paytm declined 1.6 percent after denying reports of layoffs.

ICICI Securities fell about 2 percent after Norway's Norges Bank Investment Management voted against the proposed merger of the company with ICICI Bank, and supported its delisting.

Maruti Suzuki shed 1.3 percent after it acquired a 6.44 percent stake in Delhi NCR-based artificial intelligence startup Amlgo Labs.

Tech Mahindra was down half a percent as it announced the merger of two U.S.-based subsidiaries.

IIFL Finance slumped 4.6 percent and JM Financial tumbled 3.7 percent. The RBI has initiated a special audit for breaches by the companies.

read more
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 | 1h 32min ago
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 | 1h 57min ago
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 2h 17min ago
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower 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 | 2h 19min ago
China Shares May Take Further Damage On Wednesday

China Shares May Take Further Damage On Wednesday

The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had improved more than 75 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,860-point plateau and the losses may accelerate on Wednesday.
RTTNews | 2h 32min ago
Taiwan Bourse May Extend Losing Streak

Taiwan Bourse May Extend Losing Streak

The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.
RTTNews | 3h 4min ago
Singapore Shares: Resistance Expected At 4,300 Points

Singapore Shares: Resistance Expected At 4,300 Points

The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.
RTTNews | 3h 32min ago