Sensex, Nifty Open Lower On Rate Worries; Banks Gain

RTTNews | 861 hari yang lalu
Sensex, Nifty Open Lower On Rate Worries; Banks Gain

(RTTNews) - Indian shares opened lower on Thursday due to weak global cues and on eve of monthly F&O expiry.

The benchmark S&P BSE Sensex dropped 315 points, or 0.4 percent, to 74,187 in early trade as U.S. bond yields climbed further after another weak sale of Treasuries.

The broader NSE Nifty index was down 108 points, or half a percent, at 22,596.

Tata Steel fell 3 percent after Q4 net profit declined 64 percent, missing Street estimates.

Bajaj FinServ, Nestle India, JSW Steel and Power Grid Corp all lost around 2 percent.

Banks traded higher, with Kotak Mahindra Bank, SBI, ICICI Bank and Axis Bank rising between 0.7 percent and 1.2 percent.

Alkem Laboratories slumped 3.6 percent despite the company posting a three-fold increase in Q4 consolidated net profit.

One97 Communications soared 5 percent after the Paytm operator said it is not in talks to sell a stake to the Adani Group.

Cummins India rose half a percent on reporting a 50 percent jump in fourth-quarter net profit.

baca selengkapnya
European Shares Seen Lower At Open

European Shares Seen Lower At Open

European stocks may drift lower at open on Thursday, with technology stocks likely to be in focus after the Wall Street Journal reported that SpaceX, Broadcom and Oracle were looking to raise money to buy AI chips, leaving investors worried about whether the expected profits will materialize.
RTTNews | 1 jam 45 menit yang lalu
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending its early losses in mid-market moves on Thursday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,700 level, with weakness in mining and technology stocks partially offset by gains in energy and financial stocks.
RTTNews | 3 jam 44 menit yang lalu
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as rising volatility in crude oil prices, global currency and bond yields continue to weigh on market sentiment. Technology stocks are also dragging the markets amid a surge in AI-related corporate debt. Asian markets closed mostly lower on Wednesday.
RTTNews | 3 jam 57 menit yang lalu
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has tracked higher in five straight sessions, gathering almost 25 points or 1.6 percent in that span. The Stock Exchange of Thailand now sits just above the 1,580-point plateau although it may run out of steam on Thursday.
RTTNews | 5 jam 19 menit yang lalu
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 69,400 level, with weakness in index heavyweights, exporters, financial and technology stocks partially offset by gains in automaker stocks.
RTTNews | 5 jam 42 menit yang lalu
Indonesia Stock Market May Give Up Support At 6,100 Points

Indonesia Stock Market May Give Up Support At 6,100 Points

The Indonesia stock market on Wednesday snapped the three-day winning streak in which it had improved almost 185 points or 2.8 percent. The Jakarta Composite Index now sits just beneath the 6,150-point plateau and it's likely to open to the downside again on Thursday.
RTTNews | 5 jam 49 menit yang lalu