Sensex Down Over 600 Points; Nifty Nears 19,800

RTTNews | 770 일 전
Sensex Down Over 600 Points; Nifty Nears 19,800

(RTTNews) - Indian shares tumbled in early trade on Friday as IT stocks suffered heavy losses on concerns of weak outlook.

The benchmark S&P/BSE Sensex was down 613 points, or 0.9 percent, at 66,958 while the broader NSE Nifty index was down 159 points, or 0.8 percent, at 19,820.

Infosys slumped 7.4 percent. The company reported its weakest June quarter revenue growth since FY21 and slashed its annual sales forecast for the current fiscal year. Peers TCS, HCL Technologies, Wipro and Tech Mahindra dropped 1-2 percent.

Ultratech Cement fell about 1 percent and Reliance Industries declined 1.4 percent ahead of their earnings results due later in the day.

FMCG giant Hindustan Unilever fell 1.6 percent despite reporting an 8 percent increase in Q1 profit - in line with estimates.

On the positive side, Larsen &Toubro jumped 2.4 percent on share buyback news. Union Bank of India rallied 2.8 percent after its first-quarter profit more than doubled.

IndiaMART soared 5.2 percent after its board approved a share buyback for an aggregate amount not exceeding Rs 500 crore.

read more
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 1 시간 0 분 전
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 1 시간 17 분 전
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 1 시간 30 분 전
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 1 시간 39 분 전
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 1 시간 45 분 전
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | 2 시간 0 분 전
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
RTTNews | 2 시간 30 분 전