Sensex, Nifty Little Changed In Lackluster Trade; IT Stocks Decline

RTTNews | 5 일 전
Sensex, Nifty Little Changed In Lackluster Trade; IT Stocks Decline

(RTTNews) - Indian shares were little changed in cautious trade on Thursday as the U.S. Federal Reserve flagged stagflation concerns and the conflict between Israel and Iran entered its seventh day.

The benchmark 30-share BSE Sensex was up 57 points, or 0.1 percent, at 81,501 in early trade while the broader NSE Nifty index edged up by 14 points to 24,825.

Tata Motors, Mahindra & Mahindra and Titan Company all were up around 1 percent while Infosys, Adani Ports and Tech Mahindra fell 1-2 percent.

ESAF Small Finance Bank jumped more than 9 percent after its board approved the sale of non-performing and technically written-off loans worth Rs 735.18 crore to an asset reconstruction company.

Hero MotoCorp gained nearly 1 percent on news it will introduce VIDA VX2 with 'Battery-As-A-Service' model on July 1.

Jio Financial Services edged up slightly after acquiring over 7.9 crore equity shares worth Rs 104.54 crore of Jio Payments Bank (JPBL) from SBI.

Abbott India rose half a percent as it signed a pact with MSD Pharmaceuticals to distribute the latter's Sitagliptin-based diabetes medicines in India.

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Sensex, Nifty Rally As Geopolitical Tensions Ease

Sensex, Nifty Rally As Geopolitical Tensions Ease

Indian shares opened on a buoyant note Tuesday after U.S. President Donald Trump said a "complete and total ceasefire" between Iran and Israel will take effect in the coming hours, sending oil prices plunging below the levels of June 12, which was the day Israel attacked Iran.
RTTNews | 1 시간 24 분 전
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Tuesday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks amid tumbling crude oil prices.
RTTNews | 2 시간 37 분 전
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react positively to reports that Israel and Iran have agreed to a "complete and total ceasefire" to be phased in over 24 hours. US Fed Vice Chair Michelle Bowman said she favored a rate cut "as soon" as July if inflationary pressures remain contained.
RTTNews | 2 시간 52 분 전
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has finished lower in eight straight sessions, slumping more than 80 points or 7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,060-point plateau and it's overdue for support on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 3 시간 54 분 전
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Tuesday, reversing some of the losses in the previous three sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 38,850 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 4 시간 10 분 전
Indonesia Stock Market Due For Support On Tuesday

Indonesia Stock Market Due For Support On Tuesday

The Indonesia stock market has tracked lower in four straight sessions, slumping almost 370 points or 4.8 percent in that span. The Jakarta Composite Index now sits just beneath the 6,790-point plateau although it's tipped to open in the green on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 4 시간 24 분 전
Win Streak May Continue For Hong Kong Stock Market

Win Streak May Continue For Hong Kong Stock Market

The Hong Kong stock market has moved higher in back-to-back sessions, advancing more than 450 points of 1.9 percent along the way. The Hang Seng Index now sits just beneath the 23,690-point plateau and it's expected to see additional support on Tuesday. The global forecast for the Asian markets in positive on an improved outlook for interest rates. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | 4 시간 39 분 전