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Sensex, Nifty Decline Ahead Of Powell's Testimony
(RTTNews) - Indian shares opened lower on Wednesday, tracking weak Asian markets and a decline in U.S. stock futures as investors awaited a key testimony by Fed Chair Jerome Powell due later in the day.
The benchmark S&P BSE Sensex fell 583 points, or 1.1 percent, to 51,949 in early trade, while the broader NSE Nifty index was down 183 points, or 1.2 percent, at 15,455.
Commodity-related stocks succumbed to selling pressure, with ONGC, Tata Steel, UPL, JSW Steel and Hindalco losing 3-5 percent.
HDFC Bank fell about 1 percent. The private sector lender said it plans to double its network of branches in the next three to five years.
YES Bank was down 0.7 percent after it launched a floating rate deposit scheme for domestic customers.
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Australian Market Extends Early Losses In Mid-market
The Australian market is extending early losses in mid-market moves on Thursday, snapping a three session winning streak, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in iron ore miners and energy stocks.
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50分前
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Thursday, despite the broadly positive cues from Wall Street overnight, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the US Fed cutting interest rates as early as September based on the recent economic data from the U.S.
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1時18分前
Sensex, Nifty To Open On Sluggish Note As Investors Weigh Trump Tariffs
Indian shares look set to open lower on Thursday after U.S. President Donald Trump signed an executive order imposing an additional 25 percent tariff on India as a "penalty" in response to its continued purchase of Russian oil.
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1時45分前
Thai Stock Market May See Continued Support On Thursday
The Thai stock market has moved higher in three straight sessions, gathering more than 45 points or 3.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,265-point plateau and it's expected to extend its gains again on Thursday.
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2時21分前
Australia June Trade Surplus A$5.365 Billion
Australia posted a seasonally adjusted merchandise trade surplus of A$5.365 billion in June, the Australian Bureau of Statistics said on Thursday.
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2時32分前
Australia Building Approvals Jump 11.9% In June
The total number of building approvals issued in Australia in June was up a seasonally adjusted 11.9 percent on month, the Australian Bureau of Statistics said on Thursday - coming in at 17,076.
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2時41分前
Japanese Market Notably Higher
The Japanese market is trading notably higher on Thursday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 41,000 mark, with gains in index heavyweights and financial stocks.
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2時49分前
Indonesia Shares Expected To Remain Rangebound On Thursday
The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just above the 7,500-point plateau although it's likely to rebound again on Thursday.
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2時51分前
