Market at close on Thursday

Indian stocks closed about 1% higher on Thursday led by gains in financials and metal stocks, as investors’ focus shifted on the new earnings season.

Sensex ended at 36,737.69, up 1.12% or 408.62 points, while Nifty settled 107.70 points or 1% higher at 10,813.45.

10 Jul 2020, 08:45:06 AM IST

Asian shares in the red

Asian shares opened lower on Friday as record-breaking new coronavirus cases and deaths in several US states stoked concerns that new lockdowns could derail the economic recovery, and investors looked forward to earnings season.

Australia ASX All Ordinaries fell 0.07%.

China’s Shanghai SE Composite Index slipped 1.71%.

Hong Kong’s Hang Seng declined -1.22%.

Singapore’s SGX Nifty dropped 0.7%, indicating a weak opening for Indian benchmark indices.

10 Jul 2020, 08:45:06 AM IST

US stocks end lower

The S&P 500 and Dow dropped on Thursday as investors worried about another round of business shutdowns to contain a surge in coronavirus cases and began to shift their focus to earnings, while the Nasdaq hit another record closing high.

The Dow Jones Industrial Average fell 361.19 points, or 1.39%, to 25,706.09, the S&P 500 lost 17.89 points, or 0.56%, to 3,152.05 and the Nasdaq Composite added 55.25 points, or 0.53%, to 10,547.75. (Reuters)

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