Sensex, Nifty Decline On Growth Worries; IndusInd Bank And IT Stocks Hit Hard

RTTNews | 1 일 전
Sensex, Nifty Decline On Growth Worries; IndusInd Bank And IT Stocks Hit Hard

(RTTNews) - Indian shares were subdued on Tuesday on concerns about U.S. President Donald Trump's flip-flop tariff policy and its impact on inflation, interest rates and global growth.

The benchmark S&P BSE Sensex was down 300 points, or 0.4 percent, at 73,815 in early trade while the broader NSE Nifty index dropped 74 points, or 0.3 percent, to 22,386.

IT stocks led declines, with Tech Mahindra, Wipro and Infosys falling 2-3 percent.

IndusInd Bank plunged 15 percent as more analysts downgraded their ratings on the stock following reports of derivative portfolio mismatch.

Aditya Birla Capital declined 1.3 percent after investing Rs. 300 crores in its housing finance arm via a rights issue.

On the positive side, Britannia Industries, Adani Enterprises, ICICI Bank, BPCL and Sun Pharma were up 1-2 percent.

Bharat Electronics edged up slightly after a new order win.

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid the rising uncertainty around U.S. President Donald Trump's trade policies and the outlook for inflation and economic growth due to the ongoing trade war. Traders also look to pick up some stocks at reduced levels following the recent slump in the markets.
RTTNews | 8 시간 13 분 전
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market trading on Wednesday, extending the losses in the previous two sessions, with the benchmark S&P/ASX 200 falling below the 7,800 level, following the broadly negative cues from Wall Street overnight, with weakness across most sectors led by iron ore miners and financial stocks. Gold stocks were the only bright spot.
RTTNews | 8 시간 49 분 전
Sensex, Nifty Seen Flat To Higher At Open

Sensex, Nifty Seen Flat To Higher At Open

Indian shares are seen opening on a muted note Wednesday as investors weigh trade uncertainties against Ukraine's acceptance of a U.S. proposal for a ceasefire with Russia.
RTTNews | 9 시간 5 분 전
Thai Stock Market May See Renewed Selling Pressure

Thai Stock Market May See Renewed Selling Pressure

The Thai stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day slide in which it had tumbled almost 40 points or 3.2 percent. The Stock Exchange of Thailand now sits just above the 1,185-point plateau although it figures to head south again on Wednesday.
RTTNews | 9 시간 43 분 전
Indonesia Shares May Take Further Damage On Wednesday

Indonesia Shares May Take Further Damage On Wednesday

The Indonesia stock market has moved lower in two straight sessions, sinking almost 85 points or 1.3 percent along the way. The Jakarta Composite Index now sits just beneath the 6,550-point plateau and it's tipped to open in the red again on Wednesday.
RTTNews | 10 시간 13 분 전
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, reversing some of the losses in the previous session, despite the negative cues from Wall Street overnight. The Nikkei 225 is moving up to near the 36,900 level, with gains in exporters and financial stocks partially offset by some gains in automaker stocks. Some traders also picked up stocks at a bargain after the recent slump.
RTTNews | 10 시간 14 분 전