Sensex, Nifty Subdued; IT Stocks Bounce Back

RTTNews | 243 days ago
Stocktwits
Sensex, Nifty Subdued; IT Stocks Bounce Back

(RTTNews) - Indian shares were moving in a narrow range on Friday despite positive cues from global markets after the Federal Reserve and the Bank of England cut interest rates as expected.

The benchmark S&P/BSE Sensex was little changed at 79,492, recouping some earlier losses.

The broader NSE Nifty index was down 19 points at 24,180.

Lupin, NCC, Cochin Shipyard, NHPC and SAIL fell 1-4 percent after reporting their quarterly earnings results.

Tata Motors fell 1.5 percent ahead of its earnings release while SBI shares were up half a percent.

Astral dropped 1 percent after posting an 18 percent drop in Q2 profit.

Shriram Finance, Coal India, BPCL and Trent fell 1-2 percent while IT stocks such as Infosys, Tech Mahindra and Wipro all were up over 1 percent.

Stocktwits
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Australia Building Permits Climb 3.2% On Month In May

Australia Building Permits Climb 3.2% On Month In May

The total number of building permits issued in Australia was up a seasonally adjusted 3.2 percent on month in May, the Australian Bureau of Statistics said on Wednesday - coming in at 15,212.
RTTNews | 26 minutes ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower on Wednesday after opening in the green, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 39,600 level, with a mixed performance is most sectors.
RTTNews | 27 minutes ago
Soft Start Expected For Indonesia Stock Market

Soft Start Expected For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, gathering almost 40 points or 0.6 percent along the way. The Jakarta Composite Index now sits just above the 6,900-point plateau although it figures to open in the red on Wednesday.
RTTNews | 39 minutes ago
Hong Kong Shares May Open Under Pressure On Wednesday

Hong Kong Shares May Open Under Pressure On Wednesday

The Hong Kong stock market on Tuesday snapped the three-day losing streak in which it had dropped more than 330 points or 1.4 percent. The Hang Seng Index now sits just shy of the 24,150-point plateau although it may hand back some of those gains on Wednesday.
RTTNews | 54 minutes ago
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, reversing the slight gains in the previous session, with the benchmark S&P/ASX 200 falling below the 8,550 level, following the mixed cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 54 minutes ago
Profit Taking May Dent China Stock Market

Profit Taking May Dent China Stock Market

The China stock market has moved higher in four straight sessions, collecting almost 45 points or 1.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,500-point plateau although it's due for consolidation on Wednesday.
RTTNews | 1h 9min ago
Tech Shares May Prompt Bargain Hunting For Taiwan Shares

Tech Shares May Prompt Bargain Hunting For Taiwan Shares

The Taiwan stock market has finished lower in three straight sessions, shedding almost 370 points or 1.6 percent along the way. The Taiwan Stock Exchange now sits just beneath the 22,360-point plateau although it may stop the bleeding on Wednesday.
RTTNews | 1h 39min ago
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