Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

RTTNews | 3 วันที่ผ่านมา
Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

(RTTNews) - Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

The Ministry of External Affairs has said that it is unjustified and unreasonable for India to be targeted by the United States and the European Union.

In a statement, the Ministry asserted that India would take all necessary measures to safeguard its national interests and economic security.

Traders also looked ahead to Reserve Bank of India's monetary policy decision on Wednesday, with economists split on whether RBI's monetary policy board will continue cutting rates amid U.S. tariff shock and growth risks.

The benchmark BSE Sensex was down 382 points, or half a percent, at 80,636 in early trade while the broader NSE Nifty index dipped by 108 points, or 0.4 percent, to 24,615.

Bharti Airtel was up half a percent while Adani Ports dropped 1.4 percent ahead of their earnings results due today.

HDFC Bank, Sun Pharma, Reliance Industries, BEL and Infosys all were down around 1 percent.

Aurobindo Pharma fell over 1 percent on reporting a 10 percent fall in Q1 profit.

DLF declined 1.2 percent despite reporting 18 percent growth in Q1 consolidated net profit.

Delta Corp gained more than 1 percent as quarterly profit surged 36 percent year-on-year.

Godfrey Phillips soared 9 percent after its board approved a 2:1 bonus issue.

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Sensex, Nifty Edge Lower On Tariff Concerns

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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Australian Market Trims Early Losses In Mid-market

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Asian Markets Mixed Amid Tariff Caution

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RTTNews | 1 ชม. 31 นาทีที่ผ่านมา
Sensex, Nifty Set To Open Lower On Trade Concerns

Sensex, Nifty Set To Open Lower On Trade Concerns

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RTTNews | 2 ชม. 13 นาทีที่ผ่านมา
Thai Stock Market May Spin Its Wheels On Friday

Thai Stock Market May Spin Its Wheels On Friday

The Thai stock market has moved higher in four straight sessions, gathering almost 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,265-point plateau although it may be stuck in neutral on Friday.
RTTNews | 2 ชม. 46 นาทีที่ผ่านมา
Continued Consolidation Called For Indonesia Stock Market

Continued Consolidation Called For Indonesia Stock Market

The Indonesia stock market has finished lower in back-to-back sessions, slipping more than 25 points or 0.3 percent in that span. The Jakarta Composite Index now sits just above the 7,490-point plateau and it may take further damage on Friday.
RTTNews | 3 ชม. 16 นาทีที่ผ่านมา
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

Extending the gains in the previous three sessions, the Japanese market is sharply higher on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is jumping almost 2 percent to above the 41,850 level, with gains across all sectors led by index heavyweights, exporters and technology stocks.
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Consolidation Likely For Hong Kong Shares

Consolidation Likely For Hong Kong Shares

The Hong Kong stock market has moved higher in four straight sessions, advancing more than 570 points or 2.4 percent along the way. The Hang Seng Index now rests just above the 25,080-point plateau although it may see some profit taking on Friday.
RTTNews | 3 ชม. 31 นาทีที่ผ่านมา