Equity indices volatile amid mixed Asian cues, SBI Life up 2.5%
Video Credit: ANI - Duration: 01:26s - Published
Equity indices volatile amid mixed Asian cues, SBI Life up 2.5%
Key equity indices see-sawed between gains and losses during early hours on February 10 amid mixed global cues as investors turned cautious over the sustainability of a recent risk rally.
At 10:15 am, the BSE SandP Sensex was down by 70 points or 0.14 per cent at 51,259 while the Nifty 50 edged lower by 20 points or 0.13 per cent to 15,090.
Except for Nifty private bank, all other sectoral indices at the National Stock Exchange were in the positive terrain with thin margins.
Among stocks, SBI Life moved up by 2.5 per cent to Rs 911.20 per share while HDFC Life gained by 2 per cent to Rs 719.50.
Bajaj Finserv and Bajaj Finance rose by 1.9 per cent and 0.9 per cent respectively.
However, those which lost were Axis Bank, Adani Ports, Maruti Suzuki, Tech Mahindra, Infosys and Titan.
Meanwhile, Asian stocks inched lower although concerns about the sustainability of a recent risk rally capped gains.
Japan's Nikkei 225 slipped by 0.31 per cent, South Korean equities fell slightly as worsening unemployment data weighed on investor sentiment ahead of the Lunar New Year holiday.
Market pressure persisted for the third consecutive session as key indices, including Sensex, Nifty, and Nifty Bank, witnessed notable declines. The midcap index closed in the red despite performing relatively better. Geopolitical tensions between Iran and Israel contributed to the market downturn. US stock futures dipped after major benchmarks suffered losses, while European and Asia-Pacific markets also experienced significant drops.
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North Korea has fired an unidentified ballistic missile into the sea off South Korea's east coast, Seoul's military said on Monday, the latest in an apparent volley of tests by Pyongyang this year. "North Korea has fired an unidentified missile into the East Sea," South Korea's Joint Chiefs of Staff said, referring to the body of water also known as the Sea of Japan.
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South Korea’s Opposition , Dominates Parliamentary Elections.
South Korea's Democratic Party won
"175 seats in the 300-member single-chamber parliament" on April 10, NPR reports.
The ruling right-wing People Power Party became a smaller minority with only 108 seats. .
The outcome is considered to be a blow to conservative President Yoon Suk Yeol.
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
The country's prime minister and
other presidential officials offered
to resign after the crushing defeat. .
I apologize to the people on behalf
of our party, which wasn’t good
enough to win the people’s choices, Han Dong-hoon, People Power Party leader, via statement.
While Yoon said that he intends to
"humbly uphold" the will of the people
as indicated by the election results, .
it is not known if he will accept his
staff's offers to resign. .
Lee Jae-myung, the Democratic Party leader who
is considering running for president again, .
said there is a need for both parties to
"pull together" to "resolve economic
and public livelihood problems.".
The results of the parliamentary
elections are not the victory by
the Democratic Party, but the
great victory by our people, Lee Jae-myung, the Democratic Party leader.
Now, the elections are over. Both
the ruling and opposition political
parties must pull together all their
strength to resolve economic and
public livelihood problems, Lee Jae-myung, the Democratic Party leader.
According to the National Election Commission, voter turnout reached its
highest level in over three decades for
a parliamentary election, NPR reports.
Credit: Wibbitz Top Stories Duration: 01:31Published
The outcome of Wednesday's elections in South Korea dealt President Yoon Suk Yeol a severe political blow, probably delaying his domestic program and putting him in the path of an increasingly aggressive political campaign from his liberal opponents for the remainder of his three-year term in office.
#SouthKorea #SouthKoreaElections #YoonSukYeol #HanDongHoon #HanDuckSoo #SouthKoreanews #Philippines #Worldnews #Oneindia #Oneindianews
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In a chilling declaration, North Korean leader Kim Jong Un asserts the need for heightened preparedness for war amidst escalating tensions. Learn more about North Korea's military developments and its alliances with Russia in this comprehensive update.
#KimJong #KimJongUn #NorthKorea #SouthKorea #NorthKoreavsSouthKorea #KoreanPenisula #NorthKoreaUSRelations #Oneindia
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