Sensex, Nifty Rebound Led By IT Stocks

RTTNews | 71 dni temu

(RTTNews) - Indian shares ended notably higher on Wednesday, after having fallen sharply in the previous session due to concerns over U.S. President Trump's tariff stance, weak corporate earnings and continued foreign fund outflows.

The benchmark S&P/BSE Sensex surged 566.63 points, or 0.75 percent, to 76,404.99 while the broader NSE Nifty index closed at 23,155.35, up 130.70 points, or 0.57 percent, from its previous close.

Second-line stocks came under heavy selling pressures, with the BSE mid-cap and small-cap indexes closing down 1.20 percent and 1.56 percent, respectively.

The market breadth was negative on the BSE, with 2,791 shares declining while 1,152 shares advanced and 116 were unchanged.

IT stocks topped the gainers list after Netflix Inc. reported its biggest quarterly subscriber gain in history and Trump announced a joint venture with OpenAI, Oracle and Softbank to invest billions of dollars in artificial intelligence infrastructure in the United States.

Tech Mahindra, TCS, Infosys and Wipro jumped 2-4 percent.

HDFC Bank gained 1.8 percent after Q3 profit beat estimates. Hindustan Unilever ahead of its earnings release.

Global cues were mixed, with Chinese and Hong Kong markets falling after Trump threatened tariffs on the EU and China to address trade imbalances and combat fentanyl trafficking.

The dollar shed some ground amid bets the Federal Reserve will cut interest rates sooner and faster than expected this year.

Gold climbed to a fresh 11-week high while oil extended steep overnight losses after Trump declared a national energy emergency to ramp up energy production.

Trump's plan to maximize oil and gas production has raised concerns of higher U.S. output in a market widely expected to be oversupplied this year.

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 | 4g 41 minut temu

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 | 4g 49 minut temu

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 | 5g 52 minut temu

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 | 6g 19 minut temu

Thai Shares Tipped To Open Under Water Again On Friday

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 | 6g 21 minut temu

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.

RTTNews | 6g 51 minut temu

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.

RTTNews | 7g 21 minut temu

Japan Household Spending Sinks 0.5% On Year In February

The average of household spending in Japan was down 0.5 percent on year in February, the Ministry of Internal Affairs and Communications said on Friday - standing at 290,511 yen.

RTTNews | 7g 45 minut temu

EURUSD	1.10774	GBPUSD	1.3094	AUDUSD	0.62665
USDJPY	145.916	USDCAD	1.40861	USDCHF	0.85521

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Sensex, Nifty Rebound Led By IT Stocks