Sensex, Nifty Follow Global Peers Lower

RTTNews | 648 dias atrás
Sensex, Nifty Follow Global Peers Lower

(RTTNews) - Indian shares ended slightly lower on Friday as risk-off sentiment prevailed in global financial markets amid fears of U.S. interest rates remaining higher for longer and concerns about spreading debt defaults in China's property market.

China's property developer Evergrande filed for bankruptcy protection in a U.S. court, raising concerns about ripple effects.

A liquidity crisis at one of China's top asset managers Zhongzhi Enterprise Group has raised worries of a contagion risk to the financial sector.

The benchmark S&P BSE Sensex ended the session down 202.36 points, or 0.31 percent, at 64.948.66 while the broader NSE Nifty index settled 55.10 points, or 0.28 percent, lower at 19,310.15.

Infosys, Hindalco, TCS, Tech Mahindra and Hero MotoCorp all fell around 2 percent while Adani Enterprises jumped 3.7 percent and Adani Ports added 3 percent after reports that Abu Dhabi National Energy Co. PJSC (TAQA) is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity.

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Rebound Predicted For Thai Stock Market

Rebound Predicted For Thai Stock Market

The Thai stock market on Tuesday snapped the two-day winning streak in which it had gained more than 5 points or 0.5 percent. The Stock Exchange of Thailand now rests just above the 1,160-point plateau, although it's likely to open to the upside on Wednesday.
RTTNews | 41 minutos atrás
Indonesia Stock Market Poised To Open To The Upside

Indonesia Stock Market Poised To Open To The Upside

The Indonesia stock market bounced higher again on Tuesday, one day after ending the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. more than 120 points or 1.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it may extend its gains on Wednesday.
RTTNews | 1 h 11 min atrás
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese stock market is trading notably higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,000 mark, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 1 h 13 min atrás
Higher Open Called For Hong Kong Stock Market

Higher Open Called For Hong Kong Stock Market

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 rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just above the 23,380-point plateau and it has a solid lead again for Wednesday's trade.
RTTNews | 1 h 26 min atrás
China Stock Market Due For Support On Wednesday

China Stock Market Due For Support On Wednesday

The China stock market has finished lower in four straight sessions, surrendering almost 50 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,340-point plateau although it may stop the bleeding on Wednesday.
RTTNews | 1 h 41 min atrás
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 moving to near the 8,450 level, following the broadly positive cues from Wall Street overnight, with gains in energy and technology stocks and a mixed performance in mining and financial stocks.
RTTNews | 1 h 42 min atrás
Taiwan Shares Due For Support On Wednesday

Taiwan Shares Due For Support On Wednesday

The Taiwan stock market has finished lower in four straight sessions, dropping more than 460 points or 2.2 percent in that span. The Taiwan Stock Exchange now sits just above the 21,330-point plateau, although it's likely to see bargain hunting on Wednesday.
RTTNews | 2 h 11 min atrás
Singapore Bourse May Reclaim 3,900-Point Level

Singapore Bourse May Reclaim 3,900-Point Level

The Singapore 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 risen just 6 points or 0.15 percent. The Straits Times Index now sits just shy of the 3,900-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 2 h 41 min atrás