collected by :Ros Roger
However, worries over trade tensions between the U.S. and its major trading partners lingered, weighing on investors' sentiment. And Canadian retaliatory tariffs took effect Sunday, with those measures serving as a response to U.S. metals tariffs. In another significant question mark, Axios reported that the Trump administration had crafted a draft bill that would declare America's abandonment of World Trade Organization rules. How Trump Is Tightening His Squeeze on Iran (2:36) With the U.S out of the Iran nuclear agreement, the Trump administration is stamping down on the Iranian regime. Oil futures CLQ8+0.5% settled lower after a weekend tweet from Trump hinted at a big potential production increase from Saudi Arabia.
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Sensex, Nifty close lower; Yes Bank shares rise, Tata Motors, Infosys declineThe BSE Sensex and the NSE Nifty 50 ended lower on Thursday after trading mostly flat, keeping up with subdued sentiments across global markets over trade war concerns between the US and China. The Sensex closed 70 points lower, or 0.20 percent, at 35,574.55, while the Nifty ended the day at just 10,750. Infosys and Tata Motors were the biggest drags on both indexes along with Titan, while the shares of Yes Bank and ITC were among the major gainers. Nifty Realty, Metal and IT are down by 1.45 percent, 1.16 percent, and 1.14 percent respectively. Yes Bank, ITC, Coal India, Asian Paint, Bajaj Auto, and Maruti Suzuki are among top gainers, while the shares of Infosys, Vedanta, Tata Motors, Tata Steel, Reliance are trading lower.
However, worries over trade tensions between the U.S. and its major trading partners lingered, weighing on investors' sentiment. And Canadian retaliatory tariffs took effect Sunday, with those measures serving as a response to U.S. metals tariffs. In another significant question mark, Axios reported that the Trump administration had crafted a draft bill that would declare America's abandonment of World Trade Organization rules. How Trump Is Tightening His Squeeze on Iran (2:36) With the U.S out of the Iran nuclear agreement, the Trump administration is stamping down on the Iranian regime. Oil futures CLQ8+0.5% settled lower after a weekend tweet from Trump hinted at a big potential production increase from Saudi Arabia.
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Asian shares close mixed after stumbling amid trade tensions
Manufacturers and technology plays were mixed, with Samsung Electronics gaining 1.32 percent while steelmaker Posco lost 0.32 percent. The U.S. is engaged in disputes on trade issues with other key trading partners, including Canada and the European Union. Those jitters also overshadowed the moderate gains made on Wall Street overnight, with U.S. stocks closing in positive territory after dipping early in the overnight session on trade concerns. Against the yen, the dollar traded at 110.86. The on-shore yuan traded at 6.6754 to the dollar at 3:14 p.m. HK/SIN while the offshore yuan, which is less tightly controlled, traded at 6.6910.as informed in
Sensex, Nifty close lower; Yes Bank shares rise, Tata Motors, Infosys declineThe BSE Sensex and the NSE Nifty 50 ended lower on Thursday after trading mostly flat, keeping up with subdued sentiments across global markets over trade war concerns between the US and China. The Sensex closed 70 points lower, or 0.20 percent, at 35,574.55, while the Nifty ended the day at just 10,750. Infosys and Tata Motors were the biggest drags on both indexes along with Titan, while the shares of Yes Bank and ITC were among the major gainers. Nifty Realty, Metal and IT are down by 1.45 percent, 1.16 percent, and 1.14 percent respectively. Yes Bank, ITC, Coal India, Asian Paint, Bajaj Auto, and Maruti Suzuki are among top gainers, while the shares of Infosys, Vedanta, Tata Motors, Tata Steel, Reliance are trading lower.