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Sensex, Nifty Slip Into Red After Wednesday's Rally
(RTTNews) - Indian shares opened were slightly lower in early trade on Thursday, after having risen sharply the previous day to break a prolonged losing streak.
The benchmark 30-share BSE Sensex was down 74 points, or 0.1 percent, at 73,656 after rallying more than 1 percent in the previous session.
The broader NSE Nifty index slid 27 points, or 0.1 percent, at 22,310, with UltraTech Cement, SBI Life, HDFC Life, Bharti Airtel and Tent all falling around 1 percent.
Global cues remain positive as oil prices fell sharply on demand concerns and the Trump administration granted one-month tariff exemption for U.S. automakers from Mexico and Canada amid trade war fears.
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Air France-KLM Stock Climbs On Narrower Q4 Loss, Positive Outlook
Shares of Air France-KLM Group were gaining more than 20 percent in the morning trade in Paris after the airline reported Thursday narrower net loss and significantly higher EBITDA, a key earnings metric, in its fourth quarter amid good growth in passenger traffic, capacity and load factor. Further, the company projects capacity growth in fiscal 2025, and maintained medium term outlook.
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FTSE 100 Down More Than 1%
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CAC Modestly Lower On Profit Taking
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Yen Rises Amid BoJ Rate Hike Prospects
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6h 59min ago
UK Construction Logs Sharpest Downturn Since 2020
The UK construction sector registered the sharpest contraction since May 2020 on notable falls in orders and output, survey results from S&P Global showed on Thursday. The construction Purchasing Managers' Index fell unexpectedly to 44.6 in February from 48.1 in January. The reading was seen at 49.5.
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Sensex, Nifty Extend Gains For Second Day On Tariff Relief Hopes
Indian shares rose notably on Thursday, extending the previous session's sharply rally, as U.S. tariff concerns eased and China's finance ministry left the door open to more stimulus measures on top of those announced at the annual parliament meeting this week.
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7h 12min ago
DAX Pares Some Gains After Hitting Fresh Record High
German stocks rose to fresh record highs Thursday morning, as the Trump administration's decision to suspend car import duties from Canada and Mexico for a month raising optimism about potential tariff relaxation or exemptions on other products.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Thursday.
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