Sensex, Nifty Marginally Lower On Weak Asian Cues

RTTNews | 589 hari yang lalu
Sensex, Nifty Marginally Lower On Weak Asian Cues

(RTTNews) - Indian shares were subdued in early trade on Monday, tracking weak cues from Asian markets after New York Fed President John Williams pushed back against market bets of multiple rate cuts next year, reiterating the U.S. central bank remains focused on bringing inflation down to its 2 percent target.

The benchmark S&P BSE Sensex slipped 132 points, or 0.2 percent, to 71,351 while the broader NSE Nifty index was down 22 points, or 0.1 percent, at 21,434.

Zee Entertainment Enterprises tumbled 3 percent after it sought an extension in the December 21, 2023 deadline of its proposed merger with Culver Max Entertainment.

SJVN also lost about 3 percent after reports that it is discussing a collaboration with France's official development agency AFD to set up solar projects in India.

United Spirits dropped 1.3 percent as it received a Rs 365.33 crore claim from one of its existing national institutional customers.

Bank of Maharashtra rose 1.3 percent and UCO Bank jumped 4 percent while Bank of India and Union Bank of India fell 1-3 percent on reports of a possible merger between them.

Tata Power Company added 1.4 percent on securing a contract worth Rs. 418 crores from NTPC.

Mazagon Dock Shipbuilders advanced 2.6 percent after it signed a deal valued at approximately $42 million for three hybrid vessels.

Lupin rallied 3 percent on securing the U.S.FDA approval for Allopurinol tablets.

read more
Thai Shares Likely To Remain Rangebound

Thai Shares Likely To Remain Rangebound

Ahead of Monday's holiday for King Maha's birthday, the Thai stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's expected to remain in that neighborhood again on Tuesday.
RTTNews | 30 minit yang lalu
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling well above the 39,700 level, with weakness across all sectors led by automakers, exporters and financial stocks.
RTTNews | 59 minit yang lalu
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in four straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,610-point plateau although investors are likely to cash in on Tuesday.
RTTNews | 1j 0min yang lalu
Hong Kong Shares Tipped To Open Under Pressure

Hong Kong Shares Tipped To Open Under Pressure

The Hong Kong stock market rebounded on Monday, one session after ending the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just above the 25,560-point plateau although it may hand back those gains on Tuesday.
RTTNews | 1j 15min yang lalu
China Shares May Head South Again On Tuesday

China Shares May Head South Again On Tuesday

The China stock market moved back to the upside again on Monday, one session after halting the six-day winning streak in which it had advanced more than 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,600-point plateau although it may spin its wheels again on Tuesday.
RTTNews | 1j 30min yang lalu
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in mining, financial and technology stocks partially offset by some gains in energy stocks.
RTTNews | 1j 37min yang lalu
Taiwan Stock Market May Hand Back Monday's Gains

Taiwan Stock Market May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after snapping the two-day winning streak in which it had gained almost 400 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 23,410-point plateau although it's likely to head south again on Tuesday.
RTTNews | 2j 0min yang lalu
Singapore Bourse May Extend Its Losses On Tuesday

Singapore Bourse May Extend Its Losses On Tuesday

The Singapore stock market has tracked lower in consecutive trading days, sliding more than 30 points or 0.7 percent along the way. The Straits Times Index now rests just above the 4,240-point plateau and it's expected to open under pressure again on Tuesday.
RTTNews | 2j 30min yang lalu