Sensex, Nifty Decline On Fed Worries

RTTNews | 850 days ago
Stocktwits
Sensex, Nifty Decline On Fed Worries

(RTTNews) - Indian shares were subdued in early trade on Monday as robust U.S. jobs data released on Friday fanned concerns that the Federal Reserve might stick with its hawkish stance.

The benchmark S&P Sensex was down 229 points, or 0.4 percent, at 62,640 while the broader NSE Nifty index was down 84 points, or half a percent, at 18,612.

Tata Motors, Reliance Industries, Britannia, SBI Life and Adani Enterprises fell 1-2 percent in the Nifty pack, while metal stocks such as JSW Steel, Tata Steel and Hindalco all rose around 2 percent on China reopening hopes.

SJVN surged 4.3 percent after its arm SJVN Green Energy bagged a 200 MW solar project worth Rs.1,200 crore from Maharashtra.

Bank of India rallied 2.6 percent after it raised Rs 1,500 crore through additional Tier I bonds.

Godrej Properties gained half a percent on news it has bought an 18.6-acre land parcel at Kandivali, in Mumbai for around Rs. 750 crore.

Inox Green Energy Services was little changed despite positing disappointing quarterly results.

Ion Exchange jumped 3.4 percent on bagging a contract worth Rs 343.36-crore from Indian Oil Corporation (IOC).

Stocktwits
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European Economic News Preview: Eurozone Final Composite PMI Data Due

European Economic News Preview: Eurozone Final Composite PMI Data Due

Final composite Purchasing Managers' survey results from the euro area and the UK are the top economic news due at Thursday. At 3.15 AM ET, S&P Global publishes Spain's services and composite PMI survey data. The services indicator is forecast to fall to 55.6 in March from 56.2 in the previous month. At 3.45 am ET, services and composite PMI data is due from Italy.
RTTNews | 4h 24min ago
Sensex, Nifty Open Lower; IT And Auto Stocks Drag

Sensex, Nifty Open Lower; IT And Auto Stocks Drag

Indian shares were slightly lower on Thursday after U.S. President Donald Trump announced 26 percent reciprocal tariff on India - half the rate India imposes on U.S. imports, leaving some room for negotiation.
RTTNews | 5h 37min ago
Asian Markets Trades Mostly Lower

Asian Markets Trades Mostly Lower

Asian stock markets are trading mostly lower on Thursday, despite the positive cues from Wall Street overnight, after US President Donald Trump announced steeper-than-expected tariffs on US trade partners, heightening concerns over a global trade war that could destabilize major economies. White House press secretary Karoline Leavitt indicated the new levies will be "effective immediately."
RTTNews | 6h 28min ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, giving up the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,900 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | 7h 15min ago
Sensex, Nifty Likely To See Gap-down Open As Trade War Fears Mount

Sensex, Nifty Likely To See Gap-down Open As Trade War Fears Mount

Indian shares look set to open sharply lower on Thursday after U.S. President Donald Trump announced reciprocal tariffs affecting over 180 countries, including a 26 percent tariff on India - half the rate India imposes on U.S. imports, leaving some room for negotiation.
RTTNews | 7h 26min ago
Thai Stock Market May Spin Its Wheels On Thursday

Thai Stock Market May Spin Its Wheels On Thursday

The Thai stock market has moved higher in back-to-back sessions, advancing almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,170-point plateau, although it may run out of steam on Thursday.
RTTNews | 8h 24min ago
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