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Sensex, Nifty Subdued In Early Trade On Weak Wall Street Cues
(RTTNews) - Indian shares were subdued on Friday after U.S. stocks fell sharply overnight, with the tech-heavy Nasdaq officially entering into correction territory on tariff worries and renewed concerns about spending on artificial intelligence.
The benchmark 30-share BSE Sensex was down 60 points at 74,279 in early trade while the broader NSE Nifty index slid 15 points to 22,529.
BPCL, NTPC, Shriram Finance, Infosys and IndusInd Bank fell 1-2 percent while Hero MotoCorp, Bajaj Auto and HDFC Life all rose around 2 percent.
RITES surged 4 percent, RVNL gained 1.6 percent, Bharat Electronics rose 1.7 percent and Kalpataru Projects jumped more than 5 percent after winning new orders.
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Sensex, Nifty Eye Cautious Start After Recent Gains
Indian shares are seen opening little changed on Friday after recent gains supported by GST reforms and encouraging progress in India-U.S. trade discussions.
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17 minutes ago
Thai Shares May Halt Slide On Friday
The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
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50 minutes ago
Japanese Market Notably Higher
Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
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1h 8min ago
Higher Open Tipped For Indonesia Stock Market
The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
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1h 20min ago
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains energy and technology stocks partially offset by weakness in mining stocks.
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1h 21min ago
Hong Kong Bourse Expected To Remain Rangebound
The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau although it's likely to move back to the upside again on Friday.
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1h 35min ago
China Shares May Bounce Higher Again On Friday
The China stock market on Thursday ended the two-day winning streak in which it had collected more than 15 points or 0.4 percent. The Shanghai Composite Index now rests just above the 3,830-point plateau although it's expected to rebound on Friday.
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1h 50min ago
Taiwan Stock Market May Crack 26,000-Point Barrier
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just beneath the 25,770-point plateau and it's expected to open to the upside again on Friday.
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2h 20min ago
