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Sensex, Nifty Open Lower On Weak Global Cues
(RTTNews) - Indian shares opened lower on Wednesday as investors waited for progress in the U.S. debt ceiling deal and the release of domestic GDP data due later in the day.
The benchmark S&P BSE Sensex was down 302 points, or half a percent, at 62,666 in early trade while the broader NSE Nifty index was down 80 points, or 0.4 percent, at 18,553.
Among the prominent decliners, Hindalco, Adani Enterprises, Reliance Industries, HDFC and ONGC all fell over 1 percent.
Adani Ports fell 1.2 percent despite reporting a 5 percent rise in Q4 net profit.
Coal India dropped 1 percent after raising prices of non-coking coal.
Patanjali Foods declined 1.1 percent after quarterly profit grew 13 percent year-on-year.
Apollo Hospitals rose over 2 percent after its quarterly consolidated net profit jumped 50 percent.
Yes Bank edged down slightly after unveiling its refreshed brand identity.
Suzlon Energy soared 6.2 percent after posting stellar Q4 earnings.
V-Guard Industries rose half a percent despite reporting a fall in Q4 profit.
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Win Streak May Continue For China Stock Market
The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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1 시간 7 분 전
Australian Market Modestly Higher
The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.
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1 시간 17 분 전
Higher Open Called For Taiwan Stock Market
The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 680 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just beneath the 28,150-point plateau and it figures to open to the upside again on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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1 시간 37 분 전
Singapore Bourse May Extend Monday's Gains
The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.
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2 시간 7 분 전
Malaysia Shares May Open To The Upside Again On Tuesday
The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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2 시간 37 분 전
Japan Stock Market May Add To Its Winnings On Tuesday
The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers.
For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88.
Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.
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2 시간 52 분 전
Additional Support Called For South Korea Shares
The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday.
The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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3 시간 7 분 전
RBA Minutes Due On Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.
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3 시간 37 분 전
