Indian Shares Tumble On Inflation Concerns

RTTNews | 58 menit yang lalu
Indian Shares Tumble On Inflation Concerns

(RTTNews) - Indian shares were sharply lower in early trade on Thursday as rising oil prices and bond yields in international markets rekindled concerns about India's import bill, inflation and earnings.

The benchmark 30-share BSE Sensex was down 689 points, or 0.9 percent, at 74,139 while the NSE Nifty index slumped 222 points, or 0.9 percent, to 23,225.

Bajaj FinServ, Axis Bank and Bajaj Finance plunged 2-4 percent while Larsen & Toubro, Asian Paints, Kotak Mahindra Bank, Adani Ports, Indigo and HDFC Bank all fell over 1 percent.

Sedemac Mechatronics jumped more than 5 percent after as many as 48.79 lakh shares of the company changed hands in a block deal.

Bharat Dynamics gained 1 percent after signing a contract worth Rs. 811 crore with the Defense ministry.

Avantel soared 9 percent on bagging a Rs. 177 crore contract from Zetwerk Manufacturing for the supply of satellite communication equipment.

Exide Industries advanced 1.3 percent after its arm Exide Energy Solutions commissioned Phase-I of its 6 GWh lithium-ion cell manufacturing facility in Bengaluru.

baca selengkapnya
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, snapping a three-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining, financial and technology stocks partially offset by energy stocks.
RTTNews | 2 jam 13 menit yang lalu
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as a rebound in crude oil prices and surging bond yields renewed global inflation risks and interest rate hike concerns amid uncertainty in the resolution of the Middle East conflict and the reopening of the critical Strait of Hormuz. Asian markets closed mixed on Wednesday.
RTTNews | 2 jam 28 menit yang lalu
Indian Shares Likely To Drift Lower As Oil And Bond Yields Rise

Indian Shares Likely To Drift Lower As Oil And Bond Yields Rise

Indian shares are seen opening lower on Thursday after oil prices rose sharply overnight and U.S. bond yields jumped to their highest levels in nearly two decades, raising the possibility of another interest-rate hike from the Federal Reserve this year.
RTTNews | 3 jam 1 menit yang lalu
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in five straight sessions, collecting almost 50 points or 3.1 percent in that span. The Stock Exchange of Thailand now sits just above the 1,610-point plateau although it's likely to open to the downside on Thursday.
RTTNews | 3 jam 35 menit yang lalu
Indonesia Stock Market May Turn Lower Again On Thursday

Indonesia Stock Market May Turn Lower Again On Thursday

The Indonesia stock market on Wednesday ended the three-day slide in which it had tumbled almost 190 points or 3 percent. The Jakarta Composite Index now sits just beneath the 6,375-point plateau although it may head south again on Thursday.
RTTNews | 4 jam 5 menit yang lalu
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is sharply higher in post-holiday trading on Thursday, extending the gains in the previous three sessions, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving well above the 66,150 level, with gains in index heavyweights, exporters and technology stocks partially offset by weakness in financial stocks.
RTTNews | 4 jam 7 menit yang lalu
Hong Kong Stock Market May Take Further Damage On Thursday

Hong Kong Stock Market May Take Further Damage On Thursday

The Hong Kong stock market halted the three-day winning streak in which it had jumped more than 480 points or 1.9 percent. The Hang Seng Index now sits just above the 24,830-point plateau and it's tipped to open in the red again on Thursday.
RTTNews | 4 jam 20 menit yang lalu
China Stock Market May Extend Wednesday's Losses

China Stock Market May Extend Wednesday's Losses

The China stock market on Wednesday wrote a finish to the three-day winning streak in which it had advanced more than 75 points or 1.7 percent. The Shanghai Composite Index now sits just above the 3,935-point plateau and the losses may accelerate on Thursday.
RTTNews | 4 jam 35 menit yang lalu