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Sensex, Nifty Decline Ahead Of Powell's Testimony
(RTTNews) - Indian shares opened lower on Wednesday, tracking weak Asian markets and a decline in U.S. stock futures as investors awaited a key testimony by Fed Chair Jerome Powell due later in the day.
The benchmark S&P BSE Sensex fell 583 points, or 1.1 percent, to 51,949 in early trade, while the broader NSE Nifty index was down 183 points, or 1.2 percent, at 15,455.
Commodity-related stocks succumbed to selling pressure, with ONGC, Tata Steel, UPL, JSW Steel and Hindalco losing 3-5 percent.
HDFC Bank fell about 1 percent. The private sector lender said it plans to double its network of branches in the next three to five years.
YES Bank was down 0.7 percent after it launched a floating rate deposit scheme for domestic customers.
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European Shares Mixed As Investors Weigh Trump Tariff Impact
European stocks were mixed on Friday after the Trump administration's higher tariff rates on trading partners took effect from midnight and Moscow confirmed Russian President Vladimir Putin and U.S. President Donald Trump are preparing to meet in the coming days, raising hopes of a ceasefire in the Ukraine war.
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31 นาทีที่ผ่านมา
Asian Shares Mostly Lower In Cautious Trade; Nikkei Bucks Trend
Asian stocks ended mostly lower in cautious trade on Friday as U.S. President Donald Trump's reciprocal tariffs targeting more than 90 nations came into force just after midnight.
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54 นาทีที่ผ่านมา
European Shares Seen Higher At Open
European shares are seen opening higher on Friday after U.S. reciprocal tariffs took effect at midnight on Thursday.
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3 ชม. 54 นาทีที่ผ่านมา
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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4 ชม. 7 นาทีที่ผ่านมา
Sensex, Nifty Edge Lower On Tariff Concerns
Indian shares were moving lower on Friday as U.S. President Donald Trump ruled out trade talks with India and Prime Minister Modi said he will never compromise on farmers' interests.
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5 ชม. 5 นาทีที่ผ่านมา
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market moves on Friday, extending the slight losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining stocks.
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6 ชม. 16 นาทีที่ผ่านมา
Asian Markets Mixed Amid Tariff Caution
Asian stock markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as uncertainty continues over US reciprocal tariffs despite the tariff's kicking in on Thursday. Market uncertainty is created by the pressure tactics exerted by the US by constantly altering tariffs. Asian markets ended mostly higher on Thursday.
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6 ชม. 19 นาทีที่ผ่านมา
Sensex, Nifty Set To Open Lower On Trade Concerns
Indian shares look set to open on a sluggish note Friday as U.S. President has ruled out any possibility of trade negotiations with India and Prime Minister Narendra Modi said India would not compromise on the interests of its farmers, fishermen or livestock rearers, even if it meant paying "a heavy personal price."
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7 ชม. 1 นาทีที่ผ่านมา
