Sensex, Nifty Marginally Lower After Weak China Data

RTTNews | 749 дней спустя
Sensex, Nifty Marginally Lower After Weak China Data

(RTTNews) - Indian shares were marginally lower on Tuesday as investors awaited key inflation readings from the U.S. and China for clues on the outlook for global growth and interest rates.

Growth worries resurfaced after data showed China's exports fell for a third straight month in July amid a slump in global demand.

The benchmark S&P BSE Sensex and the broader NSE Nifty index both were down around 0.1 percent at 65,908 and 19,588 in early trade.

Divis Laboratories, Eicher Motors and Adani Ports all fell about 1 percent in the Nifty pack, while Dr Reddy's Laboratories, Cipla and Hero MotoCorp climbed 1-3 percent.

Adan Green rallied 2.6 percent after Qatar Investment Authority acquired a 2.7 percent of its equity at Rs. 920 each for a total amount of Rs. 3,956 crore.

PB Fintech tumbled after posting a narrower Q1 net loss.

Godrej Consumer Products dropped 1.4 percent on reporting a 7.6 percent fall in quarterly net profit.

Max Healthcare fell more than 3 percent despite Q1 profit rising 27 percent year-on-year.

Tata Chemicals gave up 1.5 percent after reporting a decline in quarterly profit on lower prices and volumes.

Jet Airways rose 2 percent. The airline has been asked to pay Rs. 350 crore to creditors by 31 August.

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Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 37 минут назад
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 1ч 4мин назад
Indonesia Bourse May Hand Back Monday's Gains

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 1ч 7мин назад
Hong Kong Shares May Be Stuck In Neutral On Tuesday

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 1ч 22мин назад
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.
RTTNews | 1ч 25мин назад
China Stock Market Due For Consolidation

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.
RTTNews | 1ч 37мин назад
Taiwan Bourse May Hand Back Monday's Gains

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.
RTTNews | 2ч 7мин назад
Singapore Stock Market Tipped To Open In The Red

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
RTTNews | 2ч 37мин назад