Sensex, Nifty Decline As Covid-19 Cases Increase

RTTNews | 2日前
Sensex, Nifty Decline As Covid-19 Cases Increase

(RTTNews) - Indian shares were sharply lower on Tuesday, with rising Covid-19 cases in the country and U.S. tariff uncertainty keeping investors on edge.

Amid the resurgence of Covid-19 cases in Asia, India has logged 1009 active cases as of May 26.

The benchmark S&P BSE Sensex slumped 730 points, or 0.9 percent, to 81,445 in early trade while the broader NSE Nifty index tumbled 228 points, or 0.9 percent to 24,773.

Among the prominent decliners, ITC, TCS, Reliance Industries, Power Grid Corp, Tata Motors, Axis Bank, NTPC, Mahindra & Mahindra, Axis Bank, Eternal and UltraTech dropped 1-2 percent.

InterGlobe Aviation fell 2.2 percent after reports of stake sale by co-founder Rakesh Gangwal.

Similarly, Sagility India lost 5 percent after promoter Sagility B.V. announced an Offer for Sale (OFS) of up to 15.02 percent stake in the company.

Aurobindo Pharma rallied 2.1 percent despite reporting a marginal dip in Q4 profit. Nazara Technologies rose about 1 percent as Q4 revenue nearly doubled.

read more
Yen Falls As U.S. Court Blocks Trump's Tariffs

Yen Falls As U.S. Court Blocks Trump's Tariffs

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.
RTTNews | 1時45分前
European Shares Set To Open On Buoyant Note

European Shares Set To Open On Buoyant Note

European stocks may open on a buoyant note Thursday as chip giant Nvidia reported better-than-expected earnings and revenue, and a U.S. federal court blocked President Donald Trump's attempt to impose sweeping tariffs under emergency powers, dealing a blow to a key part of his economic agenda.
RTTNews | 2時28分前
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea lowered its benchmark rate by a quarter-point to mitigate downside pressure on the economy. The monetary policy board, governed by Rhee Chang Yong, unanimously decided to cut the Base Rate by 25 basis points to 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point in February.
RTTNews | 3時12分前
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | 3時17分前
Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Indian shares opened on a firm note Thursday after technology giant Nvidia buoyed investors with a bullish outlook for the growth in artificial intelligence and the U.S. Court of International Trade blocked President Trump's proposed "Liberation Day" tariffs, saying he had overstepped his authority.
RTTNews | 3時50分前
Australian Market Slightly Trims Early Gains In Mid-market

Australian Market Slightly Trims Early Gains In Mid-market

The Australian market is slightly trimming its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy and technology stocks partially offset by a mixed performance in mining and financial stocks.
RTTNews | 4時47分前
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, after a U.S. federal court blocked US President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority. Asian markets closed mostly lower on Wednesday.
RTTNews | 5時7分前
Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
RTTNews | 5時42分前