Sensex, Nifty Recoup Early Losses To End Flat

RTTNews | 118 days ago
Stocktwits
Sensex, Nifty Recoup Early Losses To End Flat

(RTTNews) - Indian shares recouped early losses to end on a flat note Friday.

Markets fell notably in early trade as a business update from private sector lender HDFC Bank showed growth in deposits and advances declined in the first quarter.

Oil & gas, pharma and healthcare stocks attracted good amount of buying, helping major indexes recover their early losses.

The benchmark S&P/BSE Sensex hit an intraday low of 79,479 before finishing down 53.07 points, or 0.07 percent, at 79,996.60.

The broader NSE Nifty index ended the session up 21.70 points, or 0.09 percent, at 24,323.85, after having hit a low of 24,169 earlier.

HDFC Bank slumped 4.5 percent after its disappointing Q1 business update. Tata Steel, LTI MindTree and Titan Company dropped 1-2 percent.

ONGC topped the gainers list to climb more than 4 percent as crude prices headed for a fourth straight weekly gain due to West Asia tensions, weather concerns and hopes of rising demand during the Northern Hemisphere's summer driving season.

Cipla, Britannia Industries, SBI and Reliance Industries jumped 2-3 percent.

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Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

Extending the losses in the previous session, the Japanese stock market is sharply lower on Friday, following the negative cues from global markets overnight. The benchmark Nikkei 225 is falling more than 2 percent to just above the 38,200 level, with weakness across most sectors led by index heavyweights and technology stocks after the BoJ kept rates steady and warned of high uncertainties.
RTTNews | 4h 8min ago
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market on Thursday snapped the three-day losing streak in which it had slumped more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,465-point plateau although it's looking at a soft start on Friday.
RTTNews | 4h 29min ago
Indonesia Shares Likely To Head South Again On Friday

Indonesia Shares Likely To Head South Again On Friday

The Indonesia stock market on Thursday halted the six-day losing streak in which it had stumbled more than 230 points or 3 percent. The Jakarta Composite Index now rests just beneath the 7,575-point plateau although it's expected to see renewed selling pressure on Friday.
RTTNews | 4h 59min ago
Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is significantly lower on Friday, extending the losses in the previous two sessions, following the broadly negative cues from global markets overnight. The benchmark S&P/ASX 200 is falling to near the 8,100 level, with weakness across most sectors led by mining, financial and technology stocks.
RTTNews | 5h 7min ago
Hong Kong Shares May Take Further Damage On Friday

Hong Kong Shares May Take Further Damage On Friday

The Hong Kong stock market has moved lower in two straight sessions, retreating more than 380 points or 1.8 percent along the way. The Hang Seng Index now sits just beneath the 20,320-point plateau and it's expected to open in the red again on Friday.
RTTNews | 5h 14min ago
Renewed Consolidation Anticipated For China Stock Market

Renewed Consolidation Anticipated For China Stock Market

The China stock market on Thursday ended the two-day slide in which it had fallen more than 55 points or 1.7 percent. The Shanghai Composite now sits just beneath the 3,280-point plateau although it's expected to turn lower again on Friday.
RTTNews | 5h 29min ago
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