Sensex, Nifty Struggle For Direction In Early Trade

RTTNews | 13 dagar sedan
Sensex, Nifty Struggle For Direction In Early Trade

(RTTNews) - Indian shares struggled for direction in early trade on Friday amid concerns that trade headwinds will not subside anytime soon.

An appeals court reinstated Donald Trump's tariffs less than 24 hours after a U.S. trade court said they were illegal.

Even if tariffs are defanged, analysts say that U.S. President Trump will have other options to pursue the trade war.

The benchmark 30-share BSE Sensex was down 7 points at 81,625 while the broader NSE Nifty index was down 9 points at 24,824.

Bajaj Auto fell 2 percent as it reported a 10 percent year-on-year decline in its consolidated net profit for Q4FY25.

Ola Electric lost 6 percent after widening its loss in the fourth quarter.

Mazagon Dock Shipbuilders slumped 6 percent as it reported a sharp 51 percent drop in fourth-quarter profit.

Apollo Hospitals Enterprise rose about 1 percent and FSN E-Commerce Ventures edged up slightly ahead of their earnings results.

LIC was little changed after subscribing to the entire Rs 5,000 crore non-convertible debenture (NCD) issue of Adani Ports and Special Economic Zone. Shares of the latter were up 1 percent.

Suzlon Energy soared 11 percent after Q4 profit surged 365 percent year-on-year.

read more
European Economic News Preview: UK GDP, Foreign Trade Data Due

European Economic News Preview: UK GDP, Foreign Trade Data Due

Monthly GDP, industrial production and foreign trade from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent on a monthly basis in April, reversing a 0.2 percent rise in March.
RTTNews | 1h 50minuter sedan
Sensex, Nifty Subdued In Cautious Trade

Sensex, Nifty Subdued In Cautious Trade

Indian shares were subdued on Thursday as investors assessed U.S. President Donald Trump's declaration that a trade deal with China was "done" and that he would set unilateral tariff rates for trading partners within two weeks.
RTTNews | 2h 7minuter sedan
Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian market is doubling its early gains in mid-market moves on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains in gold miners and energy stocks partially offset by weakness in iron ore miners.
RTTNews | 2h 31minuter sedan
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, after US President Donald Trump said he and Chinese President Xi Jinping "are going to work closely together to open up China to American Trade." However, signs of escalating geopolitical tensions in the Middle East are weighing on market sentiment.
RTTNews | 3h 22minuter sedan