Sensex, Nifty Follow Global Peers Lower

RTTNews | 650 hari yang lalu
Sensex, Nifty Follow Global Peers Lower

(RTTNews) - Indian shares ended slightly lower on Friday as risk-off sentiment prevailed in global financial markets amid fears of U.S. interest rates remaining higher for longer and concerns about spreading debt defaults in China's property market.

China's property developer Evergrande filed for bankruptcy protection in a U.S. court, raising concerns about ripple effects.

A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has raised worries of a contagion risk to the financial sector.

The benchmark S&P BSE Sensex ended the session down 202.36 points, or 0.31 percent, at 64.948.66 while the broader NSE Nifty index settled 55.10 points, or 0.28 percent, lower at 19,310.15.

Infosys, Hindalco, TCS, Tech Mahindra and Hero MotoCorp all fell around 2 percent while Adani Enterprises jumped 3.7 percent and Adani Ports added 3 percent after reports that Abu Dhabi National Energy Co. PJSC (TAQA) is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity.

read more
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, advancing more than 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,915-point plateau and it may add to its winnings again on Friday.
RTTNews | 24 minit yang lalu
Japan Jobless Rate Holds Steady At 2.5%

Japan Jobless Rate Holds Steady At 2.5%

The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in April, the Ministry of Internal Affairs and Communications said on Friday.
RTTNews | 43 minit yang lalu
Malaysia Stock Market Tipped To End Losing Streak

Malaysia Stock Market Tipped To End Losing Streak

The Malaysia stock market has moved lower in four straight sessions, slipping more than 15 points or 1.1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it's due for support on Friday.
RTTNews | 54 minit yang lalu
Mild Upside Seen For Japan Stock Market

Mild Upside Seen For Japan Stock Market

The Japan stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had collected almost 750 points or 2 percent. The Nikkei 225 now sits just above the 38,430-point plateau and it may open to the upside again on Friday.
RTTNews | 1j 9min yang lalu
South Korea Industrial Output Slumps 0.8% In April

South Korea Industrial Output Slumps 0.8% In April

Industrial production in South Korea was down a seasonally adjusted 0.8 percent on month in April, Statistics Korea said on Friday. That missed expectations for an increase of 0.5 percent following the 2.9 percent jump in March.
RTTNews | 1j 11min yang lalu
South Korea Stock Market Tipped To Open In The Green

South Korea Stock Market Tipped To Open In The Green

The South Korea stock market has moved higher in two straight sessions, improving more than 80 points or 3.1 percent along the way. The KOSPI now rests just above the 2,720-point plateau and it may tick higher again on Friday.
RTTNews | 1j 24min yang lalu