Sensex, Nifty Follow Global Peers Lower; Energy Stocks Drag

RTTNews | 126 ngày trước
Sensex, Nifty Follow Global Peers Lower; Energy Stocks Drag

(RTTNews) - Indian shares were deep in the red on Friday after U.S. private payrolls data showed the weakest growth since 2021, heightening fears of a slowing labor market.

All eyes now remain on the Eurozone GDP data and the all-important U.S. jobs report due later in the day.

The benchmark S&P BSE Sensex fell 450 points, or 0.6 percent, at 81.747 while the broader NSE Nifty index was down 126 points, or half a percent, at 25,019.

Reliance Industries dropped 1.1 percent after its board approved 1:1 bonus issue. ONGC lost 1 percent and Oil India declined 1.7 percent after oil prices slumped to their lowest since January.

UltraTech Cement, Coal India and SBI were down 1-2 percent.

On the positive side, Bajaj Finance climbed 1.6 percent and LTIMindTree gained 1.2 percent.

Godfrey Phillips added 1.3 percent as the High Court allowed Bina Modi to cast votes in the AGM amid an ongoing family feud.

Pidilite Industries rose about 1 percent after it sealed exclusive distribution agreement with CollTech Group.

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
RTTNews | 7h 1phút trước
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews | 7h 36phút trước
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
RTTNews | 7h 55phút trước
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 8h 18phút trước
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.
RTTNews | 8h 22phút trước
Mild Upside Seen For Indonesia Stock Market

Mild Upside Seen For Indonesia Stock Market

The Indonesia stock market has moved lower in two straight sessions, slipping almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 7,060-point plateau although it's expected to open in the green on Friday.
RTTNews | 8h 52phút trước