Sensex Drops Over 200 Points On Mideast Tensions; Nifty Nears 24,850

RTTNews | 7天前
Sensex Drops Over 200 Points On Mideast Tensions; Nifty Nears 24,850

(RTTNews) - Indian shares ended Tuesday's session modestly lower as the conflict between Israel and the Islamic republic raged and U.S. President Donald Trump called for the immediate evacuation of Tehran, signaling potential escalation of the conflict.

A rebound in oil prices along with recent FII selling weighed on markets as fighting between Iran and Israel continued for a fifth day.

The benchmark 30-share BSE Sensex dropped 212.85 points, or 0.26 percent, to 81,583.30 while the broader NSE Nifty index closed at 24,853.40, down 93.10 points, or 0.37 percent, from its previous close.

The BSE mid-cap and small-cap indexes fell 0.6 percent and 0.7 percent, respectively. The market breadth was weak on the BSE, with 2,485 shares declining while 1,489 shares advanced and 140 shares closed unchanged.

Tata Motors shares fell more than 2 percent after both global and domestic brokerages slashed its earnings forecasts and flagged margin risks.

Healthcare stocks suffered losses, with Lupin tumbling 3.6 percent and Sun Pharma declining 1.9 percent after U.S. President Trump told reporters on board the Air Force One, that tariffs on the Pharma sector are 'coming soon.'

Vishal Mega Mart shares surged 4 percent in volatile trade after a big Rs 10,488 crore block deal by promoter Samayat Services, following the end of a lock-in period. Sterlite Technologies shares continued their upward movement, soaring more than 12 percent amid heavy volumes after announcing that it plans to double down on expanding artificial intelligence (AI)-driven data centre market, both in India and globally.

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Sensex, Nifty Set For Positive Open

Sensex, Nifty Set For Positive Open

Indian shares look set to open on a positive note Wednesday after oil prices plummeted for a second straight day in the wake of comments from U.S. President Donald Trump that China can continue buying Iranian oil and that he hopes the country will also be purchasing "plenty" from the U.S.
RTTNews | 37分钟前
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market on Tuesday ended the eight-day losing streak in which it had stumbled more than 80 points or 7 percent. The Stock Exchange of Thailand now sits just above the 1,100-point plateau and it's expected to extend those gains on Wednesday.
RTTNews | 1小时4分钟前
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 38,800 level, with weakness in index heavyweights, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews | 1小时26分钟前
Indonesia Stock Market Tipped To Open In The Green On Wednesday

Indonesia Stock Market Tipped To Open In The Green On Wednesday

The Indonesia stock market on Tuesday ended the four-day losing streak in which it had dropped more than 370 points or 5 percent. The Jakarta Composite Index now sits just shy of the 6,870-point plateau and it's expected to see continued strength on Wednesday.
RTTNews | 1小时34分钟前
Oversold Hong Kong Bourse Expected To Open Higher On Wednesday

Oversold Hong Kong Bourse Expected To Open Higher On Wednesday

The Hong Kong stock market has finished higher in three straight sessions, climbing more than 930 points or 3.9 percent along the way. The Hang Seng Index now sits just above the 24,175-point plateau and it's expected to open to the upside again on Wednesday.
RTTNews | 1小时49分钟前
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying above the 8,550 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 2小时2分钟前
China Stock Market May Extend Winning Streak

China Stock Market May Extend Winning Streak

The China stock market has tracked higher in two straight sessions, collecting more than 60 points or 1.8 percent along the way. The Shanghai Composite Index now sits just above the 3,420-point plateau and it's tipped to open to the upside again on Wednesday.
RTTNews | 2小时4分钟前
Taiwan Stock Market Has Solid Lead For Wednesday

Taiwan Stock Market Has Solid Lead For Wednesday

The Taiwan stock market has moved higher in two of three trading days since the end of the two-day winning streak in which it had risen more than 300 points or 1.3 percent. The Taiwan Stock Exchange now sits just beneath the 22,190-point plateau and it's expected to open higher again on Wednesday.
RTTNews | 2小时34分钟前