![]() ![]() Hong Kong stocks closed roughly flat.Ĭhina's blue-chip CSI300 Index closed up 0.8%, while the Shanghai Composite Index was up 0.5%. The broader Topix dropped 0.67%.Ĭhina stocks rose on Thursday, led by financial and property shares, after big banks officially cut deposit interest rates, while investors awaited May consumer price data on Friday for further direction. The Nikkei accelerated losses in the afternoon, sliding 0.85%. Japan's Nikkei share gauge edged lower on Thursday after a steep selloff in the previous session, as tech shares pared recent gains and energy-related stocks climbed on higher oil prices. Among laggards, Grasim, Sun Pharma, TechM, Apollo Hospitals, Kotak Bank and BPCL dropped around 2% and featured at the bottom of the charts.Īsian shares fell Thursday after heavy selling of big-name tech stocks pushed benchmarks lower on Wall Street. NTPC and JSW Steel climbed more than 2.5% and led the stock rally with Powergrid and ONGC also gaining reasonably. Realty, IT, Media, FMCG and Pharma dragged the most in today's session, while Metal gained marginally and was the only index to end in green. ![]() The RBI's monetary policy committee (MPC) left the repo rate at 6.50% for a second straight meeting but signalled that monetary conditions will remain tight for some time. Fourteen of the 15 Nifty broad-based sectoral indices ended in the red in today's session.īoth the indexes were up 0.12% ahead of the RBI rate decision and rose to notch gains of nearly 0.30% after the decision, before reversing gains and going into the red zone. The blue-chip Nifty 50 index was down 92 points to close at 18,634, while the benchmark S&P BSE Sensex fell almost 300 pts to close below 63,000, at 62,848. Indian shares inched lower on Thursday after the Reserve Bank of India (RBI) maintained key policy rates as expected, but hinted at tight monetary conditions to fight inflation. , 03:37:12 PM IST Indices shed as RBI hints at tighter monetary policy to fight against inflation Sensex sheds 300 pts and Nifty 100 pts ![]()
0 Comments
Leave a Reply. |