Sensex, Nifty End Lower For Second Day

RTTNews | Pred 853 dňami
Sensex, Nifty End Lower For Second Day

(RTTNews) - Indian shares fell for a second consecutive session on Thursday, though markets ended off their day's lows, helped by positive cues from global markets and gains in rupee alongside its Asian peers.

Oil prices were up more than 2 percent in European trade, after having fallen around 9 percent in the previous two sessions, marking the worst yearly start in over three decades, on concerns about the demand outlook in the United States and China.

The benchmark S&P BSE Sensex ended the session down 304.18 points, or half a percent, at 60,353.27 while the broader NSE Nifty index settled 50.80 points, or 0.28 percent, lower at 17,992.15.

Both the Sensex and Nifty fell nearly 1 percent in the afternoon before recouping some losses.

Bajaj Finance plunged 7.2 percent after the company reported lower than expected assets under management (AUM) growth for the quarterly ended December 31.

Bajaj Finserv lost 5.2 percent while Titan, Infosys and ICICI bank dropped 1-2 percent.

Among the top gainers, JSW Steel, Hindustan Unilever, ITC, Bajaj Auto and Cipla all rose around 2 percent.

Marico added 1.8 percent after the FMCG firm reported revenue growth in the third quarter.

State-run oil marketing companies BPCL, HPCL and IOC rose 1-2 percent amid the plunge in oil prices.

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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism surrounding the upcoming U.S.-China trade talks to take place in Switzerland this week and China's new stimulus measures. Meanwhile, the US Fed left interest rates unchanged, and also warned of increasing risks of higher unemployment and higher inflation.
RTTNews | Pred 27 minútami
Sensex, Nifty Likely To Open On Cautious Note

Sensex, Nifty Likely To Open On Cautious Note

Indian shares look set to open on a cautious note Thursday as Pakistan troops continue to resort to cross-border shelling along the Line of Control (LoC) in Kupwara district of Jammu and Kashmir for the second consecutive day.
RTTNews | Pred 59 minútami
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese market is trading modestly lower on Thursday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 36,700 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | Pred 1 h 50 min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, giving up some of the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,200 level, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.
RTTNews | Pred 2 h 26 min
Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

Fed Leaves Interest Rates Unchanged, Warns Of Higher Unemployment, Inflation.

The Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged, highlighting increased uncertainty about the economic outlook. The Fed said it decided to leave the target for the federal funds rate at 4.25 to 4.50 percent for the third straight meeting.
RTTNews | Pred 9 h 6 min
Swiss Market Ends Nearly 1% Down

Swiss Market Ends Nearly 1% Down

Swiss stocks opened on a weak note on Wednesday and languished in negative territory right through the day's session as investors stayed cautious ahead of the Federal Reserve and the Bank of England's monetary policy announcements, due later in the day, and on Thursday, respectively.
RTTNews | Pred 10 h 2 min
Major European Markets Close On Weak Note After Cautious Session

Major European Markets Close On Weak Note After Cautious Session

The major European markets closed weak on Wednesday as investors reacted to earnings announcements, and awaited the monetary policy announcement from the Federal Reserve later in the day. The Bank of England's policy announcement is due on Thursday. Upbeat economic data from Germany, and optimism surrounding upcoming U.S.-China trade talks helped limit markets' downside.
RTTNews | Pred 10 h 17 min