Sensex, Nifty Follow Global Peers Lower

RTTNews | 875 hari yang lalu
Sensex, Nifty Follow Global Peers Lower

(RTTNews) - Indian shares fell notably on Thursday to extend losses from the previous session, as U.S. political uncertainty, China's COVID-woes and the turmoil in crypto currency markets spurred risk aversion.

U.S. political uncertainty weighed as the GOP's midterm 'red wave' failed to materialize.

China is battling a rebound in COVID-19 infections, with millions of residents in China's manufacturing hub of Guangzhou currently on the verge of a major lockdown.

China's capital city Beijing is also grappling with a surge in infections and more restrictions.

Traders also awaited key U.S. inflation data later in the day that is expected to show some moderation in price growth.

The benchmark S&P BSE Sensex fell 419.85 points, or 0.69 percent, to close at 60,613.70, while the broader NSE Nifty index declined 128.80 points, or 0.71 per cent, to end at 18,028.20.

Tata Motors led losses to close 4.6 percent lower after posting a net loss in the July-September quarter.

Titan Company, Bajaj FinServ, Mahindra & Mahindra and Axis Bank lost 3-4 percent.

Aurobindo Pharma plunged 11.6 percent after reports that the Enforcement Directorate has arrested its director Sarath Reddy under the money laundering act in the now scrapped Delhi Excise policy case.

On the positive side, Bharti Airtel, ONGC, Kotak Mahindra Bank, HDFC Bank and Hero MotoCorp rose 1-2 percent.

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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Friday, following the broadly negative from Wall Street overnight, with some of the major markets being closed, as traders continue to assess the impact of the steeper-than-expected reciprocal tariffs imposed by US President Donald Trump on U.S. trade partners. Asian markets ended mostly lower on Thursday.
RTTNews | 4j 22min yang lalu
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 mid-market moves on Friday, adding to the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling almost 2 percent to stay just above the 7,700 level, with weakness across most sectors led by energy and technology stocks.
RTTNews | 5j 5min yang lalu
Sensex, Nifty Seen Lower At Open As Global Sell-off Deepens

Sensex, Nifty Seen Lower At Open As Global Sell-off Deepens

Indian shares may follow global peers lower on Friday, even as a weakening dollar, plunging oil prices and expectations for accelerated Federal Reserve interest-rate cuts may help cap overall losses to some extent.
RTTNews | 5j 12min yang lalu
Japanese Market Sharply Lower; Down 2.4%

Japanese Market Sharply Lower; Down 2.4%

Extending the sharp losses in the previous session, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling 2.4 percent to below the 33,900 level, with weakness across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | 6j 16min yang lalu
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,800 level, with weakness across most sectors led by energy and technology stocks.
RTTNews | 6j 43min yang lalu
Thai Shares Tipped To Open Under Water Again On Friday

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The Thai stock market on Thursday ended the two-day winning streak in which it had advanced almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,160-point plateau and it's looking at another soft start again on Friday.
RTTNews | 6j 44min yang lalu
Soft Start Expected For Singapore Stock Market

Soft Start Expected For Singapore Stock Market

The Singapore stock market has tracked lower in four straight sessions, slumping almost 40 points or 1 percent along the way. The Straits Times Index now sits just above the 3,940-point plateau and it figures to open in the red again on Friday. The global forecast for the Asian markets is broadly negative after U.S. President Donald Trump's tariff announcement. The European and U.S. markets were sharply lower and the Asian bourses are expected to open in similar fashion. The STI finished modestly lower on Thursday following losses from the banks and mixed performances from the properties and industrials. For the day, the index lost 11.98 points or 0.30 percent to finish at 3,942.23 after trading between 3,902.98 and 3,955.04.
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Malaysia Bourse May Give Up Support At 1,500 Points

The Malaysia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had picked up more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau and it may take further damage again on Friday.
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