Sensex, Nifty Give Up Early Gains; PSU And Adani Group Stocks Worst Hit

RTTNews | 532 дней спустя
Sensex, Nifty Give Up Early Gains; PSU And Adani Group Stocks Worst Hit

(RTTNews) - Indian shares slipped into the red on Wednesday after opening on a strong note earlier as CPI data both in India and the U.S. matched expectations.

The benchmark S&P BSE Sensex dropped 78 points, or 0.1 percent, to 73,589 while the broader NSE Nifty index was down 55 points, or 0.2 percent, at 22,281.

PSU stocks traded sharply lower, with Power Grid Corp and NTPC falling 3-4 percent.

Adani Group stocks also faced selling pressure, with Adani Enterprises and Adani Ports both falling around 3 percent.

ITC soared 6 percent after huge quantity of shares changed hands in a block deal.

Jet Airways jumped 5 percent after the National Company Law Appellate Tribunal (NCLAT) upheld the transfer of ownership of the grounded airline to Jalan Kalrock Consortium (JKC).

Likhitha Infra rallied 3.6 percent on winning an order worth Rs 106 crore from HPCL. Shalby edged up slightly after it decided to make a strategic investment in Healers Hospital.

Ethos lost 5 percent after the company reduced its stake in Silvercity Brands AG to 35 percent from 100 percent.

read more
Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.
RTTNews | 12 минут назад
Singapore Stock Market Expected To Open In The Green

Singapore Stock Market Expected To Open In The Green

The Singapore stock market on Tuesday snapped the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,240-point plateau although it may move back above water on Wednesday.
RTTNews | 42 минут назад
Malaysia Stock Market Expected To Open To The Upside On Wednesday

Malaysia Stock Market Expected To Open To The Upside On Wednesday

The Malaysia stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it's likely to rebound on Wednesday.
RTTNews | 1ч 12мин назад
Japan Stock Market May See Renewed Support

Japan Stock Market May See Renewed Support

The Japan stock market on Tuesday halted the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just beneath the 42,400-point plateau although it's expected to open in the green on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead. The Nikkei finished sharply lower on Tuesday following losses from the financial shares, technology stocks and automobile producers. For the day, the index slumped 413.42 points or 0.97 percent to finish at 42,394.40 after trading between 42,137.62 and 42,703.27. Among the actives, Nissan Motor plummeted 6.25 percent, while Mazda Motor added 0.40 percent, Toyota Motor retreated 1.41 percent, Honda Motor tumbled 1.71 percent, Softbank Group dropped 0.91 percent, Mitsubishi UFJ Financial sank 0.72 percent, Mizuho Financial shed 0.45 percent, Sumitomo Mitsui Financial skidded 1.01 percent, Mitsubishi Electric tumbled 1.91 percent, Sony Group declined 1.87 percent, Panasonic Holdings slumped 1.11 percent and Hitachi contracted 1.63 percent.
RTTNews | 1ч 27мин назад
Rebound Tipped For South Korea Stock Market

Rebound Tipped For South Korea Stock Market

The South Korea stock market on Tuesday ended the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,180-point plateau although it may reverse those losses on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | 1ч 42мин назад
TSX Modestly Higher As Financials, Mining Stocks Move Up

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.
RTTNews | 6ч 16мин назад