Sensex, Nifty Snap 8-day Winning Streak; Automakers Top Losers

RTTNews | 523 일 전
Sensex, Nifty Snap 8-day Winning Streak; Automakers Top Losers

(RTTNews) - Indian shares fell notably on Friday to snap an eight-day winning streak, with auto, FMCG and IT stocks leading losses.

Benchmark indexes fell from record highs as caution prevailed ahead of key U.S. jobs data due later in the day that is expected to show a sizable slowdown in hiring.

Recession fears returned to haunt investors after data released on Thursday showed global factory output fell widely last month, with U.S. manufacturing declining for the first time since May 2020.

The benchmark S&P BSE Sensex fell 415.69 points, or 0.66 percent, to 62,868.50 after eight consecutive sessions of gains and a record-breaking closing streak of six days. The broader NSE Nifty index settled 116.40 points, or 0.62 percent, lower at 18,696.10.

Among the prominent decliners, Hindustan Unilever, Hero MotoCorp, Mahindra & Mahindra, Tata Consumer Products and Eicher Motors lost 2-3 percent. TCS and Infosys fell around 1 percent each in the IT pack.

read more
Australian Market Notably Lower

Australian Market Notably Lower

The Australian market is notably lower on Thursday, snapping a five-session winning streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,800 level, with losses in financial and technology stocks partially offset by gains in energy stocks amid higher crude oil prices.
RTTNews | 4 시간 8 분 전
Continued Consolidation Likely For Hong Kong Shares

Continued Consolidation Likely For Hong Kong Shares

The Hong Kong stock market has moved lower in consecutive trading days, slumping more than 260 points or 1.4 percent in that span. The Hang Seng Index now sits just above the 18,310-point plateau and it's looking at another soft start for Thursday's trade.
RTTNews | 4 시간 16 분 전
China Stock Market Expected To Open Under Pressure On Thursday

China Stock Market Expected To Open Under Pressure On Thursday

The China stock market on Wednesday snapped the two-day winning streak in which it had collected more than 40 points or 1.3 percent. The Shanghai Composite Index now sits just beneath the 3,130-point plateau and it may take further damage on Thursday.
RTTNews | 4 시간 31 분 전
Taiwan Stock Market May See Profit Taking On Thursday

Taiwan Stock Market May See Profit Taking On Thursday

The Taiwan stock market has moved higher in four straight sessions, gathering more than 480 points or 2.3 percent in that span. The Taiwan Stock Exchange now sits just above the 20,700-point plateau although investors are likely to cash in on Thursday.
RTTNews | 5 시간 1 분 전
Losing Streak May Continue For Singapore Shares

Losing Streak May Continue For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, retreating almost 40 points or 1.2 percent along the way. The Straits Times Index now rests just above the 3,260-point plateau and it may extend its losses on Thursday.
RTTNews | 5 시간 31 분 전
Malaysia Stock Market May Take Further Damage On Thursday

Malaysia Stock Market May Take Further Damage On Thursday

The Malaysia stock market on Wednesday snapped the four-day winning streak in which it had advanced almost 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,605-point plateau and it may extend its losses on Thursday.
RTTNews | 6 시간 1 분 전