Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets

RTTNews | 86天前
Sensex, Nifty Open Lower As Traders Pare Rate Cut Bets

(RTTNews) - Indian shares opened slightly lower on Wednesday as upbeat U.S. economic data prompted traders to pare rate cut bets.

The benchmark S&P/BSE Sensex was down 110 points, or 0.1 percent, at 78,092 in early trade, tracking a firmer dollar and elevated bond yields in international markets.

The broader NSE Nifty index dropped 25 points, or 0.1 percent, to 23,683.

Tata Elxsi fell 2.1 percent as it entered into a strategic partnership with CSIR-National Aerospace Laboratories to drive innovations in air mobility.

Ola Electric Mobility shares were down 4 percent. Market regulator SEBI has issued a warning letter to the company for violation of disclosure norms.

Birlasoft declined 1.7 percent as CEO Roopinder Singh quit the company.

Tata Steel was marginally lower after reporting a 6.17 percent YoY rise in crude steel production for Q3FY25.

NTPC shed 0.6 percent after incorporating a new subsidiary to lead its nuclear energy ventures.

Jindal Worldwide jumped more than 5 percent after announcing a 4:1 bonus issue.

Tata Technologies rallied 2.2 percent after it joined hands with Telechips to advance their automotive technologies.

WPIL surged almost 5 percent after it acquired Italian pump major MISA.

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Asian Markets Track Wall Street Lower

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Asian stock markets are trading mostly lower on Friday, following the broadly negative from Wall Street overnight, with some of the major markets being closed, as traders continue to assess the impact of the steeper-than-expected reciprocal tariffs imposed by US President Donald Trump on U.S. trade partners. Asian markets ended mostly lower on Thursday.
RTTNews | 4小时4分钟前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

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RTTNews | 4小时48分钟前
Sensex, Nifty Seen Lower At Open As Global Sell-off Deepens

Sensex, Nifty Seen Lower At Open As Global Sell-off Deepens

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RTTNews | 4小时55分钟前
Japanese Market Sharply Lower; Down 2.4%

Japanese Market Sharply Lower; Down 2.4%

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RTTNews | 5小时59分钟前
Australian Market Sharply Lower

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RTTNews | 6小时26分钟前
Thai Shares Tipped To Open Under Water Again On Friday

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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 | 6小时27分钟前
Soft Start Expected For Singapore Stock Market

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 | 6小时57分钟前
Malaysia Bourse May Give Up Support At 1,500 Points

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 | 7小时27分钟前