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Sensex, Nifty Slip Into Red After Wednesday's Rally
(RTTNews) - Indian shares opened were slightly lower in early trade on Thursday, after having risen sharply the previous day to break a prolonged losing streak.
The benchmark 30-share BSE Sensex was down 74 points, or 0.1 percent, at 73,656 after rallying more than 1 percent in the previous session.
The broader NSE Nifty index slid 27 points, or 0.1 percent, at 22,310, with UltraTech Cement, SBI Life, HDFC Life, Bharti Airtel and Tent all falling around 1 percent.
Global cues remain positive as oil prices fell sharply on demand concerns and the Trump administration granted one-month tariff exemption for U.S. automakers from Mexico and Canada amid trade war fears.
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Chinese Yuan Falls To 8-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Tuesday.
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Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Tuesday despite firm cues from global markets.
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17 minuter sedan
Australian Market Halves Early Gains In Mid-market
The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
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Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
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Sensex, Nifty Set To Follow Global Peers Higher
Indian shares look set to open higher on Tuesday, tracking firm cues from global markets as China cut its benchmark lending rates for the first time in 7 months to boost its struggling economy amid rising trade tensions.
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Flat Lead Called For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last nine trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,185-point plateau and it figures to see little movement on Tuesday.
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Japanese Market Significantly Higher
The Japanese stock market is trading significantly higher on Tuesday, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving up to near the 37,800 level, with gains across all sectors led by index heavyweights and technology stocks.
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Indonesia Bourse Due For Profit Taking
The Indonesia stock market has finished higher in five straight sessions, improving more than 310 points or 4.5 percent in that span. The Jakarta Composite Index now rests just above the 7,140-point plateau although investors may lock in gains on Tuesday.
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