Sensex, Nifty Tumble On Earnings Disappointment

RTTNews | 266 hari yang lalu
Sensex, Nifty Tumble On Earnings Disappointment

(RTTNews) - Indian shares tumbled on Tuesday amid lingering concerns over FII outflows and disappointment stemming from a weak earnings season.

Sluggish cues from Asia and Europe also dented sentiment as traders awaited clarity on U.S. President-elect Donald Trump's policy proposals on global geopolitics, U.S.-China relations, NATO, immigration, and economic policies.

The U.S. dollar held near a four-month high as the narrative shifted from risk-off hedging to an 'America First' stance' under Trump's presidency.

It is feared that Trump's proposed policies on tariffs could fuel inflation and keep U.S. interest rates higher for longer.

The benchmark S&P/BSE Sensex fell 820.97 points, or 1.03 percent, to 78,675.18, with rate-sensitive auto, banking and financial services stocks facing heavy selling pressure.

The broader NSE Nifty index closed at 23,883.45, down 257.85 points, or 1.07 percent, from its previous close. Britannia Industries plummeted 7.3 percent after the FMCG firm reported a 9 percent fall in Q2 consolidated net profit.

HDFC Bank, Asian Paints, NTPC and BEL all fell around 3 percent.

read more
China Services Growth Fastest Since May 2024

China Services Growth Fastest Since May 2024

China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t
RTTNews | 24 minit yang lalu
European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
RTTNews | 48 minit yang lalu
European Shares Set To Open On Firm Note

European Shares Set To Open On Firm Note

European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.
RTTNews | 53 minit yang lalu
Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews | 1j 54min yang lalu
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.
RTTNews | 2j 59min yang lalu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid optimism the weak monthly US jobs data will lead the US Fed to lower interest rates next month. Traders also picked up stocks at a bargain following the recent downturn in the markets. Asian markets closed mixed on Monday.
RTTNews | 3j 25min yang lalu
Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Indian shares may open on a weak note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews | 3j 58min yang lalu
Additional Support Anticipated For Thai Stock Market

Additional Support Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day slide in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,230-point plateau and it's expected to open to the upside again on Tuesday.
RTTNews | 4j 29min yang lalu