Sensex, Nifty Subdued In Cautious Trade

RTTNews | 1 day ago
Sensex, Nifty Subdued In Cautious Trade

(RTTNews) - Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.

Rising oil prices amid escalating U.S.-Iran tensions also fueled inflation worries.

The benchmark S&P BSE Sensex was down 60 points at 82,454 in early trade while the broader NSE Nifty index slid 35 points to 25,104.

Tata Motors, Tech Mahindra and Infosys all fell over 1 percent while Bajaj FinServ, Sun Pharma and Asian Paints rallied 1-2 percent.

Sterlite Technologies soared nearly 14 percent on winning a Rs 2,631-crore contract from BSNL.

RailTel climbed 1.2 percent on securing a Rs. 119.49 crore order from Southeastern Coalfields for managed bandwidth services to support CCTV surveillance.

Hindustan Copper rose half a percent after announcing a Rs. 2,000-crore investment plan over the next 5-6 years to expand its mining capacity threefold.

read more
Australian Market Doubles Early Losses In Mid-market

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early loses in mid-market moves on Friday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,550 level, with weakness is technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | 1h 26min ago
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Friday, despite the broadly positive cues from Wall Street overnight, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. US officials confirmed that the U.S. had no involvement or role in the operation. Asian markets ended mixed on Thursday.
RTTNews | 1h 44min ago
Thai Stock Market May Erase Thursday's Losses

Thai Stock Market May Erase Thursday's Losses

The Thai stock market on Thursday ended the two-day winning streak in which it had risen more than 6 points or 0.6 percent. The Stock Exchange of Thailand now rests just beneath the 1,130-point plateau and it's expected to open higher on Friday.
RTTNews | 2h 51min ago
Indonesia Shares May Move Higher On Friday

Indonesia Shares May Move Higher On Friday

The Indonesia stock market has moved lower in back-to-back sessions, slipping more than 25 points or 0.4 percent in that span. The Jakarta Composite Index now rests just above the 7,200-point plateau although it may find support on Friday.
RTTNews | 3h 21min ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Extending the losses in the previous session, the Japanese market is sharply lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 37,600 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 3h 22min ago
Little Movement Seen For Hong Kong Stock Market

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,030-point plateau and it's likely to remain rangebound on Friday.
RTTNews | 3h 36min ago