Sensex, Nifty Open Lower In Cautious Trade; Auto Stocks Surge

RTTNews | 501 dni temu
Sensex, Nifty Open Lower In Cautious Trade; Auto Stocks Surge

(RTTNews) - Indian shares opened lower on Thursday as higher bond yields and looming uncertainty over the ceasefire deal in Gaza overshadowed solid trade figures from China.

The benchmark S&P BSE Sensex was down 200 points, or 0.3 percent, at 73,267 in early trade while the broader NSE Nifty index was down 59 points, or 0.3 percent, at 22,243.

Larsen & Toubro tumbled 3.6 percent after posting in line Q4 results.

Hindustan Petroleum Corporation and Bharat Petroleum Corporation both fell over 1 percent ahead of their earnings results.

Automakers were seeing broad-based gains. Hero MotoCorp soared nearly 6 percent while Maruti Suzuki India, Eicher Motors, Bajaj Auto and Mahindra & Mahindra were up 1-3 percent.

Kotak Mahindra rose 0.6 percent on reports it is ramping up technology transition.

Bank of Baroda rallied 2.3 percent as the RBI lifted a ban on onboarding customers through bob World, the lender's mobile banking application.

Canara Bank added 1.5 percent on reporting an 18 percent rise in Q4 net profit.

Tata Power fell more than 2 percent after reporting Q4 results below estimates.

TVS Motor Company soared 5 percent after quarterly profit rose 18 percent year-on-year.

SBI gained half a percent ahead of its earnings release.

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Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 nearly 600 points to well above the 45,600 level, with gains across most sectors led by exporters and technology stocks.
RTTNews | 24 minut temu
Thai Stock Market Due For Support On Monday

Thai Stock Market Due For Support On Monday

The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.
RTTNews | 44 minut temu
Indonesia Bourse May Set Fresh Record High

Indonesia Bourse May Set Fresh Record High

The Indonesia stock market bounced higher again on Friday, one day after halting the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,050-point plateau and it may see additional support on Monday.
RTTNews | 1g 14 minut temu
Additional Support Tipped For Hong Kong Stocks

Additional Support Tipped For Hong Kong Stocks

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,550-point plateau and it may add to its winnings on Monday.
RTTNews | 1g 29 minut temu
China Shares May Halt Losing Streak

China Shares May Halt Losing Streak

The China stock market has tracked lower in back-to-back sessions, sinking more than 55 points or 1.5 percent along the way. The Shanghai Composite Index now rests just above the 3,820-point plateau although it may find traction on Monday.
RTTNews | 1g 44 minut temu
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.
RTTNews | 1g 48 minut temu
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has alternated between positive and negative finishes through the last five trading days since the end of the eight-day winning streak in which it had surged more than 1,450 points or 5.8 percent. The Taiwan Stock Exchange now sits just beneath the 25,580-point plateau although it's expected to move back into the green again on Monday.
RTTNews | 2g 14 minut temu
Singapore Shares Overdue For Support On Monday

Singapore Shares Overdue For Support On Monday

The Singapore stock market has finished lower in six straight sessions, slumping more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just above the 4,300-point plateau although it's expected to open to the upside on Monday.
RTTNews | 2g 44 minut temu