Sensex, Nifty Subdued After Last Week's Rally

RTTNews | 4h 7min ago
Stocktwits
Sensex, Nifty Subdued After Last Week's Rally

(RTTNews) - Indian shares were subdued on Monday after rising sharply last week, buoyed by receding tensions in the Middle East and a sharp correction in global crude oil prices.

The benchmark S&P/BSE Sensex was down 240 points, or 0.3 percent, at 83,818 in early trade while the broader NSE Nifty index dipped 66 points, or 0.3 percent, to 25,570.

Bharti Airtel, Infosys, Power Grid Corp, NTPC and Kotak Mahindra Bank all fell around 1 percent while SBI and Larsen & Toubro both rose about 1 percent.

Tata Steel was little changed after receiving a Rs. 1,000-crore show cause notice from the GST audit department for irregular Input Tax Credit (ITC) claims.

Torrent Pharma was moving higher after acquiring a controlling stake in JB Chemicals. Titagarh Rail Systems jumped 1.6 percent after securing an order for the Pune Metro Rail Project.

Rail Vikas Nigam rose over 1 percent after it emerged as the lowest bidder for a Rs 213.22 crore railway electrification project in Andhra Pradesh.

Gujarat Industries Power added 1.7 percent after commissioning 105 MW of its 600 MW solar power project at the Renewable Energy Park in Khavda, Great Rann of Kutch.

ITD Cementation surged nearly 5 percent on securing an international marine contract worth around $67.4 million (approximately Rs 580 crore).

Stocktwits
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Safe-Haven JPY Rises As Trader's Remain Cautious

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The safe haven Japanese yen strengthened against other major currencies in the pre-European session on Monday, as traders remain cautious amid renewed optimism about new trade deals after U.S. President Donald Trump indicated he does not think he will need to extend the July 9 deadline for countries to secure trade deals with the US. Trump also indicated the U.S. had signed an agreement with China.
RTTNews | 1h 24min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the pre-European session on Monday.
RTTNews | 2h 13min ago
European Shares Seen Broadly Higher At Open

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RTTNews | 3h 10min ago
European Economic News Preview: Germany Inflation & Retail Sales Data Due

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RTTNews | 3h 15min ago
Australian Market Extends Early Gains In Mid-market

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The Australian stock market is extending its early gains in mid-market trading on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,550.00 level, with gains is financial and technology stocks partially offset by weakness in mining stocks.
RTTNews | 5h 15min ago
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious amid renewed optimism about new trade deals after US President Donald Trump indicated he does not think he will need to extend the July 9 deadline for countries to secure trade deals with the US. Trump also indicated the US had signed an agreement with China.
RTTNews | 5h 46min ago
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares look set to open largely unchanged on Monday, though losses, if any, may remain limited owning to record-high U.S. stock performance and progress in trade negotiations.
RTTNews | 6h 1min ago
Thai Stock Market May Stop The Bleeding On Monday

Thai Stock Market May Stop The Bleeding On Monday

The Thai stock market has moved lower in back-to-back sessions, slumping more than 25 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,080-point plateau although it's expected to find support on Monday.
RTTNews | 6h 40min ago
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