Loading...

Sensex Drops 942 Points; Nifty Ends Below 24,000

RTTNews | 20 days ago

Sensex Drops 942 Points; Nifty Ends Below 24,000

(RTTNews) - Indian shares tumbled on Monday, as heightened tensions in the Middle East along with anxiety ahead of this week's U.S. presidential election and the Federal Reserve's interest-rate decision dented investors' appetite for risk.

Oil prices were up nearly 3 percent in European trade after OPEC+ agreed to push back its December production increase by at least a month, prioritizing price support over regaining market share.

There is some concern that rising crude prices could further stoke inflationary pressures and inflate India's import bill.

The benchmark S&P/BSE Sensex fell 941.88 points, or 1.18 percent, to 78,782.24, after having ended Samvat 2081's first trading session, called Muhurat Trading, on a positive note on Friday.

The broader NSE Nifty index ended down 309 points, or 1.27 percent, at 23,995.35 amid across-the-board selling.

The Sensex hit a low of 78,232.60 in early trade and the Nifty dipped to 23,816.15 in intraday trade on the back of unbated selling by foreign portfolio investors.

Among the prominent decliners, BPCL, Adani Ports, Bajaj Auto, Grasim and Hero MotoCorp lost 3-4 percent.

read more

Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is currently trading notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,400.00 level, with gains across most sectors led by mining, energy and technology stocks. Financial stocks are the only weak spot.

RTTNews | 5h 16min ago

Hong Kong Shares Due For Support On Monday

Hong Kong Shares Due For Support On Monday

The Hong Kong stock market has moved lower in two straight sessions, dropping more than 470 points or 2.5 percent along the way. The Hang Seng Index now sits just beneath the 19,230-point plateau although it may stop the bleeding on Monday.

RTTNews | 5h 17min ago

China Stock Market May Cut Into Friday's Losses

China Stock Market May Cut Into Friday's Losses

The China stock market on Friday halted the three-day winning streak in which it had advanced more than 35 points or 1 percent. The Shanghai Composite now sits just beneath the 3,270-point plateau although it's likely to make back some of that on Monday.

RTTNews | 5h 32min ago

Taiwan Bourse May Extend Friday's Gains

Taiwan Bourse May Extend Friday's Gains

The Taiwan stock market on Friday snapped the two-day slide in which it had stumbled almost 300 points or 1.3 percent. The Taiwan Stock Exchange now rests just above the 22,900-point plateau and it may see additional support on Monday.

RTTNews | 6h 2min ago

Higher Open Anticipated For Singapore Stock Market

Higher Open Anticipated For Singapore Stock Market

The Singapore stock market on Friday snapped the two-day slide in which it had slipped almost 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,745-point plateau and it's expected to see continued strength on Monday.

RTTNews | 6h 32min ago

New Zealand Retail Sales Dip 0.1% On Quarter In Q3

New Zealand Retail Sales Dip 0.1% On Quarter In Q3

The total volume of retail sales in New Zealand was down a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Monday - coming in at NZ$24 billion.

RTTNews | 6h 36min ago

New Zealand Has NZ$1.544 Billion Trade Shortfall In October

New Zealand Has NZ$1.544 Billion Trade Shortfall In October

New Zealand posted a merchandise trade deficit of NZ$1.544 billion in October, Statistics New Zealand said on Monday.

RTTNews | 6h 45min ago

Malaysia Shares Tipped To Open To The Upside

Malaysia Shares Tipped To Open To The Upside

The Malaysia stock market on Friday ended the three-day losing streak in which it had fallen more than 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau and it may up steam on Monday.

RTTNews | 7h 2min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2024 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.