Sensex, Nifty Fluctuate In Early Trade; Metal Stocks Gain On China Optimism

RTTNews | 955 일 전
Sensex, Nifty Fluctuate In Early Trade; Metal Stocks Gain On China Optimism

(RTTNews) - Indian shares fluctuated in early trade on Tuesday after posting strong gains in the previous session due to short covering following last week's steep losses.

The benchmark S&P/BSE Sensex slipped 103 points, or 0.2 percent, to 60,463, giving up early gains.

The broader NSE Nifty index was down 42 points, or 0.2 percent, at 17,972 after having snapped a four-day losing streak on Monday.

Mahindra & Mahindra, IndusInd Bank, Bajaj FinServ and ITC all fell around 1 percent while metal stocks such as Tata Steel, Hindalco and JSW Steel climbed 1-2 percent on China reopening optimism.

The offshore yuan held a gain from overnight and the dollar index eased on improved risk sentiment after China announced that it would drop quarantine for inbound travelers starting from Jan. 8.

Jet Airways jumped 2.3 percent on reports that at least two senior executives as well as some pilots and cabin crew have quit the airline.

read more
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,800 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 12 분 전
Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in four straight sessions, gathering almost 80 points or 2.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,640-point plateau although it may run out of steam on Friday.
RTTNews | 18 분 전
Taiwan Stock Market May Hand Back Thursday's Gains

Taiwan Stock Market May Hand Back Thursday's Gains

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day losing streak in which it had slipped more than 270 points or 1.2 percent. The Taiwan Stock Exchange now sits just above the 24,000-point plateau although it's likely to turn lower again on Friday.
RTTNews | 48 분 전
Singapore Bourse Due For Profit Taking On Friday

Singapore Bourse Due For Profit Taking On Friday

The Singapore stock market has climbed higher in four straight sessions, gathering more than 100 points or 2.4 percent along the way. The Straits Times Index now sits just beneath the 4,260-point plateau although investors may lock in gains on Friday.
RTTNews | 1 시간 17 분 전
Japan Household Spending Slumps 5.2% In June

Japan Household Spending Slumps 5.2% In June

The average of household spending in Japan was down a seasonally adjusted 5.2 percent on month in June, the Ministry of Internal Affairs and Communications aid on Friday - coming in at 316,085 yen.
RTTNews | 1 시간 41 분 전
Malaysia Stock Market May Be Stuck In Neutral On Friday

Malaysia Stock Market May Be Stuck In Neutral On Friday

The Malaysia stock market has moved higher in three straight sessions, collecting more than 20 points or 1.5 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,550-point plateau although it's due for consolidation on Friday.
RTTNews | 1 시간 47 분 전