Indian Shares Rebound After Early Slide

RTTNews | 1 jam 49 menit yang lalu

(RTTNews) - Indian shares were moving higher on Friday, shrugging off early losses as traders locked in profits at higher levels following recent strong gains amid an ongoing tech sell-off in global markets.

The 30-share BSE Sensex edged up by 610 points, or 0.8 percent, to 79,920 in choppy trade while the NSE Nifty index was up 125 points, or half a percent, at 24,652.

Mahindra & Mahindra soared 5.3 percent after the automaker reported a 13 percent jump in quarterly profit.

IT stocks such as HCL Technologies, Infosys and TCS were up around 2 percent each after a Wall Street rout wiped out roughly $2.5 billion in market value overnight on concerns over tech valuations and whether substantial AI spending can generate sufficient returns.

Among other prominent gainers, Axis Bank, Sun Pharma, ITC, ICICI Bank, HDFC Bank all rose over 1 percent.

Bharti Airtel rose 1.4 percent as it posted a 31 percent year-on-year growth in Q2 consolidated net profit.

Titan Company gained 2 percent on robust Q2 results.

Texmaco Rail & Engineering advanced 1.5 percent on securing three orders worth about Rs. 428.55 crore.

Britannia Industries fell more than 2 percent on reporting a 10.8 percent year-on-year rise in Q2 consolidated net profit.

LIC tumbled nearly 3 percent after reporting a slowdown in sales of market-linked policies to individuals during the September quarter.

Hindalco slumped 4 percent, Siemens dropped 1.6 percent and Jubilant FoodWorks fell 1.1 percent ahead of their quarterly earnings results due today.

baca selengkapnya

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market moves on Friday, reversing some of the sharp gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 9,000 mark, with weakness in mining and technology stocks partially offset by gains in financial stocks.

RTTNews | 2 jam 57 menit yang lalu

Asian Markets A Sea Of Red Amid Wall Street Sell-off

Asian stock markets a sea on Friday, following the broad sell-off on Wall Street overnight, amid a renewed sell-off in the tech sector, with the tech-heavy NASDAQ plummeting on concerns about the sustainability of the AI trade amid expected tighter AI regulation after Democrats' takeover of both houses of Congress. Concerns of global inflation returns as crude oil prices spike again.

RTTNews | 3 jam 24 menit yang lalu

Indian Shares Seen Lower Amid Global Tech Sell-off

Indian shares may open on a sluggish note on Friday after recent strong gains. A cautious undertone may prevail, with information technology stocks likely to remain in focus amid an ongoing heavy sell-off in global companies exposed to AI data centers, including crucial chipmakers and semiconductor manufacturers.

RTTNews | 3 jam 52 menit yang lalu

Thai Stock Market May Extend Thursday's Losses

The Thai stock market headed south again on Thursday, one day after ending the six-day losing streak in which it had tumbled more than 85 points or 5.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,500-point plateau and the losses may accelerate on Friday.

RTTNews | 4 jam 19 menit yang lalu

Japanese Market Plunges 6.6%

The Japanese market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is plunging 6.6 percent to below the 57,050 level, with a sell-off across most sectors led by index heavyweights, financial and technology stocks.

RTTNews | 4 jam 39 menit yang lalu

Indonesia Stock Market May Spin Its Wheels On Friday

The Indonesia stock market has moved higher in two straight sessions, advancing more than 125 points or 2.5 percent along the way. The Jakarta Composite Index now sits just above the 5,030-point plateau although it may be stuck in neutral on Friday.

RTTNews | 4 jam 49 menit yang lalu

Hong Kong Stock Market Overdue For Consolidation

Hong Kong Stock Market Overdue For Consolidation The Hong Kong stock market has moved higher in five straight sessions, collecting more than 1,825 points or 7.8 percent along the way. The Hang Seng now sits just above the 24,280-point plateau although investors are likely to lock in gains on Friday.

RTTNews | 5 jam 4 menit yang lalu

Australian Market Notably Lower

The Australian stock market is trading notably lower on Friday, reversing some of the sharp gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 9,000 mark, with weakness in mining and technology stocks partially offset by gains in financial stocks.

RTTNews | 5 jam 10 menit yang lalu

EURUSD	1.11981	GBPUSD	1.34273
USDJPY	157.876	USDCAD	1.40443