Sensex, Nifty Drift Lower As Investors Await US Inflation Report

RTTNews | 3 days ago
Sensex, Nifty Drift Lower As Investors Await US Inflation Report

(RTTNews) - Indian shares were subdued on Friday amid concerns over U.S. President Trump's tariff policies and ahead of the release of PCE price index report, the Fed's preferred inflation gauge, later in the day.

The benchmark 30-share BSE Sensex was down 153 points, or 0.2 percent, at 77,452 in early trade while the broader NSE Nifty index slid 36 points, or 0.2 percent, to 23,555.

IT stocks traded weak, with Infosys, TCS, Wipro, Tech Mahindra and HCL Technologies falling 1-2 percent.

Power Grid Corp, Sun Pharma and Maruti Suzuki India all fell over 1 percent. BEML surged nearly 7 percent on winning orders worth Rs. 405 crores from Bengaluru Metro Rail Corporation.

Zaggle Prepaid Ocean Services jumped 5 percent after acquiring 45 percent stake in Effiasoft Private Limited.

Bharat Electronics gained 1 percent after saying it has secured additional orders worth Rs. 1,385 crores since March 12.

Asian Paints rose about 1 percent after announcing key top level changes.

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Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, as the markets are priming up for the new US tariffs later in the week, primarily the 25 percent tariffs on auto and auto parts imports. The Japanese market is pulling down the markets with a 3.7 percent drop on concerns the tariffs could hit domestic production and auto sector jobs.
RTTNews | 4h 48min ago
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 trading on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 7,900.00 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 5h 49min ago
Thai Stock Market Expected To Open In The Red

Thai Stock Market Expected To Open In The Red

The Thai stock market has finished lower in two straight sessions, sinking almost 15 points or 1.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,175-point plateau and it figures to open to the downside again on Monday.
RTTNews | 6h 53min ago
Japanese Market Sharply Lower; Down 3.7%

Japanese Market Sharply Lower; Down 3.7%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling 3.7 percent to below the 35,800 level, with weakness across all sectors led by index heavyweights and technology stocks.
RTTNews | 6h 57min ago
Hong Kong Shares Tipped To Open To The Downside

Hong Kong Shares Tipped To Open To The Downside

The Hong Kong stock market on Friday ended the two-day winning streak in which it had improved more than 230 points or 1 percent. The Hang Seng Index now rests just above the 23,425-point plateau and it's looking at another soft start again on Monday.
RTTNews | 7h 23min ago
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Monday, reversing the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 7,900.00 level, with weakness across all sectors led by mining and technology stocks.
RTTNews | 7h 32min ago