Senex, Nifty Follow Asian Peers Lower

RTTNews | 987 gün önce
Senex, Nifty Follow Asian Peers Lower

(RTTNews) - Indian shares opened lower on Monday, mirroring weak cues from other Asian markets as investors fretted about more aggressive interest-rate hikes in the United States and surging COVID-19 cases in China.

The benchmark S&P BSE Sensex was down 462 points, or 0.8 percent, at 61,201 while the broader NSE Nifty index was down 145 points, or 0.8 percent, at 18,162.

Among the prominent decliners, Bajaj Finance, Hindalco, Adani Ports, Adani Enterprises and SBI Life all fell around 2 percent.

Maruti Suzuki India edged up slightly. The company said it plans to substantially increase its SUV market share this fiscal year.

ONGC gained 0.6 percent on news it will this year reverse years of decline in production and gradually raise output thereafter.

Metal stocks such as Tata Steel JSW Steel and Hindalco were trading lower despite the government withdrawing the export duty on steel products and iron ore.

Zomato fell 2.7 percent after the company announced plans to lay off nearly 3-4 percent of its workforce.

Easy Trip Planners soared 15 percent after it set the record data for a stock split and a bonus issue.

read more
European Economic News Preview: Eurozone Sentix Investor Confidence Due

European Economic News Preview: Eurozone Sentix Investor Confidence Due

Investor confidence from the euro area and unemployment from Spain are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss inflation data for July. Economists forecast consumer prices to rise 0.1 percent year-on-year, the same rate of increase as seen in June.
RTTNews | 49 dakika önce
European Shares Seen Tad Higher At Open

European Shares Seen Tad Higher At Open

European stocks may open on a positive note Monday as investors keep an eye on the latest batch of earnings and watch further developments on the tariff front.
RTTNews | 1s 6 dakika önce
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in choppy mid-market trading on Monday, also adding to the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | 3s 4 dakika önce
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the negative cues from Wall Street on Friday, amid concerns about the economic impact of US President Donald Trump's unilateral "reciprocal tariffs" and aggressive trade stance on the global economy. However, the weaker than expected US monthly jobs data increased optimism about a potential interest rate cut by the US Fed in September.
RTTNews | 3s 45 dakika önce
Thai Stock Market Expected To Open In The Red Again On Monday

Thai Stock Market Expected To Open In The Red Again On Monday

The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
RTTNews | 4s 47 dakika önce
Indonesia Bourse May Turn Lower Again On Monday

Indonesia Bourse May Turn Lower Again On Monday

The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
RTTNews | 5s 17 dakika önce