Sensex, Nifty Decline On Weak Asian Cues

RTTNews | 616 วันที่ผ่านมา

(RTTNews) - Indian shares traded lower on Tuesday, tracking mixed global cues in view of cautious comments from Federal Reserve officials and concerns over recent attacks on ships crossing the Red Sea.

The benchmark S&P BSE Sensex was down 207 points, or 0.3 percent, at 71,107 in early trade, while the broader NSE Nifty index was down 62 points, or 0.3 percent, at 21,356.

Tech stocks traded lower, with Tech Mahindra, LTIMindTree, TCS and Wipro falling 1-2 percent.

Hero MotoCorp fell 1.6 percent after raising its stake in Ather Energy.

Vedanta rose half a percent after announcing its second interim dividend.

UCO Bank was little changed despite news that it has recovered Rs. 705 crore that was mistakenly credited to thousands of accounts.

Biocon fell about 1 percent. Its subsidiary Biocon Biologics completed the transition of the acquired biosimilar business in around 120 countries a year ahead of schedule.

Devyani International soared nearly 6 percent after foraying into the Thailand QSR market.

Nestle India added 2 percent as it announced the record date for a stock split.

Tata Consumer Products climbed 2.4 percent while Coal India and Apollo Hospitals Enterprise both rose over 1 percent.

Sun Pharma gave up 1.2 percent after it agreed to acquire a 16.7 percent stake in Massachusetts-based Lyndra Therapeutics for $30 million.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 1 ชม. 20 นาทีที่ผ่านมา

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1 ชม. 41 นาทีที่ผ่านมา

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 2 ชม. 12 นาทีที่ผ่านมา

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 | 2 ชม. 52 นาทีที่ผ่านมา

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 | 3 ชม. 19 นาทีที่ผ่านมา

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 | 3 ชม. 22 นาทีที่ผ่านมา

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 | 3 ชม. 37 นาทีที่ผ่านมา

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 | 3 ชม. 39 นาทีที่ผ่านมา

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