INDIAN FACE
INDIAN EQUITY BENCHMARK
After falling over 440 points during the day, the S&P BSE Sensex witnessed sharp recovery in the last hour of the trade to end Tuesday's session at 40,894 levels, down 161 points or 0.39 per cent. IndusInd Bank (down 3 percent) emerged as the biggest loser on the index while SBI (up over 1 percent) ended as the top gainer.
On the NSE, the broader Nifty50 index ended below the crucial 12,000-mark at 11,992.50, down 53 points or 0.44 percent.
GLOBAL FACE
Asian Market- Asia stocks fall as economic impact of coronavirus weighs on markets. Asia stocks fall as economic impact of coronavirus weighs on marketsJapan’s Nikkei 225 index NIK, -1.40% lost 1.4%, while the Hang Seng in Hong Kong HSI, -1.54% lost 1.5%. In South Korea, the Kospi 180721, -1.48% shed 1.5%, while the Shanghai Composite index SHCOMP, +0.05% finished flat. Australia’s S&P ASX/200 XJO, -0.16% slipped 0.1%. Shares also fell in Taiwan, Singapore, Bangkok and Kuala Lumpur but rose in Jakarta.
U.S. Market-– Stocks Fall After Apple Warning; Treasuries RiseOn Tuesday, Walmart is set to report earnings. Stocks fell in Europe along with U.S. equity-index futures after Apple Inc. said quarterly sales would miss forecasts, spooking investors who had hoped for a limited economic impact from the deadly coronavirus. Treasuries rose as American markets re-opened after a holiday.
After falling over 440 points during the day, the S&P BSE Sensex witnessed sharp recovery in the last hour of the trade to end Tuesday's session at 40,894 levels, down 161 points or 0.39 per cent. IndusInd Bank (down 3 percent) emerged as the biggest loser on the index while SBI (up over 1 percent) ended as the top gainer.
On the NSE, the broader Nifty50 index ended below the crucial 12,000-mark at 11,992.50, down 53 points or 0.44 percent.
GLOBAL FACE
Asian Market- Asia stocks fall as economic impact of coronavirus weighs on markets. Asia stocks fall as economic impact of coronavirus weighs on marketsJapan’s Nikkei 225 index NIK, -1.40% lost 1.4%, while the Hang Seng in Hong Kong HSI, -1.54% lost 1.5%. In South Korea, the Kospi 180721, -1.48% shed 1.5%, while the Shanghai Composite index SHCOMP, +0.05% finished flat. Australia’s S&P ASX/200 XJO, -0.16% slipped 0.1%. Shares also fell in Taiwan, Singapore, Bangkok and Kuala Lumpur but rose in Jakarta.
U.S. Market-– Stocks Fall After Apple Warning; Treasuries RiseOn Tuesday, Walmart is set to report earnings. Stocks fell in Europe along with U.S. equity-index futures after Apple Inc. said quarterly sales would miss forecasts, spooking investors who had hoped for a limited economic impact from the deadly coronavirus. Treasuries rose as American markets re-opened after a holiday.