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Markets decline in early trade tracking muted trend in global peers
Markets decline in early trade tracking muted trend in global peers

The Hindu

time14 hours ago

  • Business
  • The Hindu

Markets decline in early trade tracking muted trend in global peers

Stock market benchmark indices Sensex and Nifty declined in early trade on Wednesday (July 16, 2025) in-line with a muted trend in global equities amid an uptick in U.S. inflation. Tariff-related uncertainty also made investors to stay on the sidelines, experts said. The 30-share BSE Sensex dropped 103.16 points to 82,467.75 in early trade. The 50-share NSE Nifty dipped 56.75 points to 25,139.05. From the Sensex firms, Mahindra & Mahindra, Tata Motors, Tata Steel, Eternal, Bajaj Finance and Bajaj Finserv were among the major laggards. However, Trent, Tech Mahindra, Adani Ports and HDFC Bank were among the gainers. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index quoted lower while Hong Kong's Hang Seng traded in the positive territory. The U.S. markets ended mostly lower on Tuesday. "The market has been oscillating in a narrow range during the last two months. A breakout above the upper band of the range, well beyond Nifty 25,500, needs positive triggers. Such a trigger may come from an India-US trade deal with tariffs on India pegged at around 20%. If this happens, can it trigger a sustained rally in the market? Unlikely. A sustained rally in the market needs earnings support," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. There are no signs of a strong earnings support and earnings growth visibility, he said. "Two big segments of the market - IT services and consumption, particularly FMCG - are struggling with tepid earnings," Vijayakumar added. Foreign Institutional Investors (FIIs) bought equities worth ₹120.47 crore on Tuesday, according to exchange data. "The Nifty is likely to open cautiously as traders digest sticky U.S. inflation data and ongoing tariff threats...," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said in his pre-opening market commentary. Global oil benchmark Brent crude went up by 0.20% to $68.85 a barrel. On Tuesday, the Sensex climbed 317.45 points or 0.39% to settle at 82,570.91. The Nifty edged higher by 113.50 points or 0.45% to 25,195.80.

Markets decline in early trade tracking muted trend in global peers
Markets decline in early trade tracking muted trend in global peers

New Indian Express

time14 hours ago

  • Business
  • New Indian Express

Markets decline in early trade tracking muted trend in global peers

MUMBAI: Stock market benchmark indices Sensex and Nifty declined in early trade on Wednesday in-line with a muted trend in global equities amid an uptick in US inflation. Tariff-related uncertainty also made investors to stay on the sidelines, experts said. The 30-share BSE Sensex dropped 103.16 points to 82,467.75 in early trade. The 50-share NSE Nifty dipped 56.75 points to 25,139.05. From the Sensex firms, Mahindra & Mahindra, Tata Motors, Tata Steel, Eternal, Bajaj Finance and Bajaj Finserv were among the major laggards. However, Trent, Tech Mahindra, Adani Ports and HDFC Bank were among the gainers. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index quoted lower while Hong Kong's Hang Seng traded in the positive territory. The US markets ended mostly lower on Tuesday.

Tata Steel Share Price Live Updates: Tata Steel's monthly return showcases growth
Tata Steel Share Price Live Updates: Tata Steel's monthly return showcases growth

Time of India

time15 hours ago

  • Business
  • Time of India

Tata Steel Share Price Live Updates: Tata Steel's monthly return showcases growth

Stay informed with the Tata Steel Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on Tata Steel, including: Last traded price 159.3, Market capitalization: 198488.15, Volume: 35608, Price-to-earnings ratio 58.03, Earnings per share 2.74. Our liveblog combines fundamental and technical insights to provide a holistic view of Tata Steel's performance. Stay ahead of the market with breaking news that can influence Tata Steel's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the Tata Steel Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 09:03:18 AM IST, 16 Jul 2025 Show more Show less

Tata Steel Share Price Live Updates: Tata Steel's stock performance shines
Tata Steel Share Price Live Updates: Tata Steel's stock performance shines

Time of India

time2 days ago

  • Business
  • Time of India

Tata Steel Share Price Live Updates: Tata Steel's stock performance shines

Stay updated with the Tata Steel Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest updates on Tata Steel stock, including: Last traded price 160.25, Market capitalization: 200285.78, Volume: 44133, Price-to-earnings ratio 58.55, Earnings per share 2.74. Our liveblog combines fundamental and technical insights to offer a comprehensive overview of Tata Steel's performance. Gain valuable market knowledge and make informed decisions with our expert analysis. Be the first to know about breaking news that can impact Tata Steel's trajectory. Join us on this journey as we explore the exciting potential of Tata Steel. The data points are updated as on 09:02:24 AM IST, 15 Jul 2025 Show more Show less

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