Sensex, Nifty Down Over 1% In Early Trade

RTTNews | 21天前
Sensex, Nifty Down Over 1% In Early Trade

(RTTNews) - Indian shares were sharply lower on Monday as foreign portfolio investors continued to offload Indian equities amid valuation concerns, lingering geopolitical tensions and uncertainty over the U.S. presidential election outcome.

The benchmark S&P/BSE Sensex was down 850 points, or 1.1 percent, at 78,875 in early trade while the broader NSE Nifty index was down 265 points, or 1.1 percent, at 24,038.

Among the prominent decliners, Reliance Industries, BPCL, Hero MotoCorp and Bajaj Auto were down 3-4 percent.

DLF fell 2.2 percent after it unveiled plans to invest Rs. 8,000 crores to build a luxury project in Gurugram.

Sun Pharma tumbled 3.1 percent after the U.S. District Court of New Jersey issued a preliminary injunction blocking the company from introducing the drug 'LEQSELVI'.

Zen Technologies declined 1.7 percent despite reporting impressive Q2 results.

TVS Motor Company lost 2.6 percent despite reporting a 13 percent rise in monthly vehicle sales.

On the positive side, Mahindra & Mahindra rallied 2.4 percent after recording its highest ever SUV sales in October.

NMDC rose 1.8 percent after reporting iron ore production and sales figures for October.

read more
European Economic News Preview: German Ifo Business Confidence Data Due

European Economic News Preview: German Ifo Business Confidence Data Due

Business confidence survey data from Germany is the only major economic report due on Monday, headlining a light day for the European economic news. At 2.00 am ET, manufacturing sentiment and capacity utilization figures are due from Turkey. At 2.30 am ET, Switzerland's Federal Statistical Office releases employment data for the third quarter.
RTTNews | 5小时28分钟前
European Shares Set To Open On Buoyant Note

European Shares Set To Open On Buoyant Note

European stocks look set to open notably higher on Monday after U.S. President-elect Donald Trump picked hedge fund billionaire Scott Bessent as his Treasury Secretary, raising optimism he would recommend "tariffs be layered in gradually".
RTTNews | 6小时13分钟前
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, boosted by strong gains in markets in Japan, Indonesia and South Korea as traders remain optimistic about a 25-basis point rate cut by the US Fed in December after data showing consumer sentiment in the U.S. improved less than expected in November.
RTTNews | 8小时18分钟前
Sensex, Nifty Set For Gap-up Opening

Sensex, Nifty Set For Gap-up Opening

Indian shares may see a gap-up opening on Monday after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand.
RTTNews | 9小时16分钟前
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, adding to the gains in the previous session. The benchmark S&P/ASX 200 is moving above the 38,900 level, following the broadly positive cues from Wall Street on Friday, with gains across most sectors led by index heavyweights, financial and technology stocks after recent data showed headline inflation slowing to a nine-month low.
RTTNews | 9小时26分钟前
Thai Stock Market Expected To Open In The Green On Monday

Thai Stock Market Expected To Open In The Green On Monday

The Thai stock market rebounded on Friday, one day after snapping the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just above the 1,445-point plateau and it's tipped to open to the upside again on Monday.
RTTNews | 9小时47分钟前
Indonesia Stock Market May Add To Its Winnings On Monday

Indonesia Stock Market May Add To Its Winnings On Monday

The Indonesia stock market on Friday ended the two-day losing streak in which it had slumped almost 55 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,200-point plateau and it's expected to open in the green again on Monday.
RTTNews | 10小时17分钟前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is currently trading notably higher on Monday, adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,400.00 level, with gains across most sectors led by mining, energy and technology stocks. Financial stocks are the only weak spot.
RTTNews | 10小时31分钟前