Sensex, Nifty Plunge As COVID Fears Grip Markets; Pharma Stocks Gain

RTTNews | 981 일 전
Sensex, Nifty Plunge As COVID Fears Grip Markets; Pharma Stocks Gain

(RTTNews) - Indian shares fell sharply on Wednesday amid fears emanating from a sharp rise in cases of coronavirus in China, South Korea, U.S. and other countries.

Three cases of Omicron subvariant BF.7, apparently the strain driving China's current surge of COVID cases, have been detected in India so far, official sources said.

After conducting a review meeting regarding the COVID-19 spike in other countries, the Union Health Ministry has announced several new rules and regulations to limit the spread of COVID in the country.

The benchmark 30-share BSE Sensex ended the session down 635.05 points, or 1.03 percent, at 61,067.24 while the broader NSE Nifty index settled 186.20 points, or 1.01 percent, lower at 18,199.10.

Adani Enterprises led losses to close 6.2 percent lower while Bajaj FinServ, IndusInd Bank, UltraTech and Adani Ports lost 2-3 percent.

Pharma stocks surged, with Sun Pharma, Apollo Hospitals Enterprise, Cipla and Divis Laboratories climbing 2-5 percent.

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Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 39 분 전
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 57 분 전
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 1 시간 9 분 전
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 1 시간 18 분 전
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 1 시간 24 분 전
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | 1 시간 39 분 전
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
RTTNews | 2 시간 9 분 전
Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
RTTNews | 2 시간 36 분 전