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Sensex, Nifty Slip Into Red After Wednesday's Rally
(RTTNews) - Indian shares opened were slightly lower in early trade on Thursday, after having risen sharply the previous day to break a prolonged losing streak.
The benchmark 30-share BSE Sensex was down 74 points, or 0.1 percent, at 73,656 after rallying more than 1 percent in the previous session.
The broader NSE Nifty index slid 27 points, or 0.1 percent, at 22,310, with UltraTech Cement, SBI Life, HDFC Life, Bharti Airtel and Tent all falling around 1 percent.
Global cues remain positive as oil prices fell sharply on demand concerns and the Trump administration granted one-month tariff exemption for U.S. automakers from Mexico and Canada amid trade war fears.
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South Korea Shares Likely To Remain Rangebound
The South Korea stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 60 points or 2.4 percent. The KOSPI now sits just above the 2,600-point plateau and it's expected to hold steady in that neighborhood again on Tuesday.
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10 minutes ago
Australia Rate Decision Due On Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to trim its benchmark lending rate to 3.85 percent from the current 4.10 percent.
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1h 10min ago
Euro Retreats Against Majors
The euro retreated against its major counterparts in the New York session on Monday.
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3h 15min ago
Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up
The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session.
The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating.
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5h 48min ago
European Stocks Rise In Late Afternoon Trades, Close On Mixed Note
After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.
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6h 17min ago
Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook
Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.
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8h 39min ago
U.S. Leading Economic Index Slumps More Than Expected In April
The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.
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8h 59min ago
Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU
Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.
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10h 6min ago
