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Sensex, Nifty Decline On Fed Worries

RTTNews | 1064 days ago

Sensex, Nifty Decline On Fed Worries

(RTTNews) - Indian shares were subdued in early trade on Monday as robust U.S. jobs data released on Friday fanned concerns that the Federal Reserve might stick with its hawkish stance.

The benchmark S&P Sensex was down 229 points, or 0.4 percent, at 62,640 while the broader NSE Nifty index was down 84 points, or half a percent, at 18,612.

Tata Motors, Reliance Industries, Britannia, SBI Life and Adani Enterprises fell 1-2 percent in the Nifty pack, while metal stocks such as JSW Steel, Tata Steel and Hindalco all rose around 2 percent on China reopening hopes.

SJVN surged 4.3 percent after its arm SJVN Green Energy bagged a 200 MW solar project worth Rs.1,200 crore from Maharashtra.

Bank of India rallied 2.6 percent after it raised Rs 1,500 crore through additional Tier I bonds.

Godrej Properties gained half a percent on news it has bought an 18.6-acre land parcel at Kandivali, in Mumbai for around Rs. 750 crore.

Inox Green Energy Services was little changed despite positing disappointing quarterly results.

Ion Exchange jumped 3.4 percent on bagging a contract worth Rs 343.36-crore from Indian Oil Corporation (IOC).

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Indonesia Bourse Tipped To Erase Friday's Losses

Indonesia Bourse Tipped To Erase Friday's Losses

The Indonesia stock market on Friday snapped the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,160-point plateau, although it's likely to bounce higher again on Monday.

RTTNews | 1h 14min ago

Hong Kong Shares Due For Support On Monday

Hong Kong Shares Due For Support On Monday

The Hong Kong stock market has moved lower in three consecutive trading days, surrendering more than 520 points or 2 percent along the way. The Hang Seng Index now rests just above the 25,900-point plateau although it's expected to open in the green on Monday.

RTTNews | 1h 29min ago

Australia Building Approvals Jump 12.0% In September

Australia Building Approvals Jump 12.0% In September

The total number of building permits issued in Australia was up a seasonally adjusted 12.0 percent on month in September, the Australian Bureau of Statistics said on Monday - coming in at 17,019.

RTTNews | 1h 31min ago

Malaysia Manufacturing PMI Slips In October - S&P Global

Malaysia Manufacturing PMI Slips In October - S&P Global

The manufacturing sector in Malaysia continued to contract in October, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.5.

RTTNews | 1h 37min ago

Taiwan Manufacturing PMI Ticks Higher In October

Taiwan Manufacturing PMI Ticks Higher In October

The manufacturing sector in Taiwan continued to contract in October, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 47.7.

RTTNews | 1h 39min ago

South Korea PMI Sinks In October - S&P Global

South Korea PMI Sinks In October - S&P Global

The manufacturing sector in South Korea fell into contraction territory in October, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 49.4.

RTTNews | 1h 42min ago

China Stock Market May Stop The Bleeding On Monday

China Stock Market May Stop The Bleeding On Monday

The China stock market has finished lower in back-to-back sessions, slipping more than 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,950-point plateau, although it's due for support on Monday.

RTTNews | 1h 44min ago

Indonesia Manufacturing PMI Improves To 51.2 In October - S&P Global

Indonesia Manufacturing PMI Improves To 51.2 In October - S&P Global

The manufacturing sector in Indonesia continued to expand in October, and at a faster rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 51.2.

RTTNews | 1h 44min ago

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