Asian Equities Tracked Wall Street's Slide On Wednesday

Asian equities tracked Wall Street's slide on Wednesday as the latest developments in the US-China trade conflict fanned fresh fears about global growth, driving support for safe-haven government bonds.

Australian stocks declined 0.35 percent, South Korea's KOSPI fell 1 percent and Japan's Nikkei was down 1.5 percent.

US stocks slid on Tuesday as escalating trade tensions between the United States and China triggered global growth fears and drove investors away from riskier assets.

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Vedanta To Announce Q4 Results Today; Here Are Key Factors To Watch Out For

Metals & Mining major Vedanta, which will announce its March quarter results on May 7, is expected to report a poor set of numbers.

The key thing to watch out for would be the management's commentary on the progress on Gamsberg mine and outlook for base metal prices.

Research firm ICICIdirect expects Vedanta to report net profit of Rs 1,106.4 crore down 77 percent year-on-year. Net Sales are expected to decrease by 16.9 percent Y-o-Y to Rs 22,961.1 crore.

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It's Good Start For The Indian Indices On May 7 After A Weak Closing

It is good start for the Indian indices on May 7 after a weak closing registered on May 6.

The Sensex is up 166.55 points at 38,766.89, while Nifty is up 44 points or 0.38% at 11642.30. About 454 shares have advanced, 188 shares declined, and 25 shares are unchanged.

Marico, Bharti Airtel, Yes Bank, HDFC Bank, Tata Steel, Vedanta, Tata Motors, IndusInd Bank, Britannia, SBI, Power Grid, are among major gainers on the indices, while lowers are ICICI Bank, IOC, ONGC, Indiabulls Housing, HPCL and BPCL.

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Wall Street Ends Lower: US Stocks Fell On Monday

Wall Street ends lower: US stocks fell on Monday after President Donald Trump threatened to raise tariffs on Chinese goods, though they pared much of their early losses as healthcare shares rose and some investors remained confident of an eventual trade agreement.

Trends on SGX Nifty indicate a positive start for the broader indices in India, a gain of 35 points or 40.50 percent. Nifty futures were trading around 11,697-level on the Singaporean Exchange.

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Bharti Airtel Falls Ahead Of Result As Analysts Expect Muted Show

Telecom major Bharti Airtel is due to report its Q4 earnings on April 6.


According to a report by Kotak Institutional Equities, Bharti Airtel is expected to post a modest 1 percent sequential uptick in revenues at Rs 10,300 crore.


Reported ARPU will likely see a sharp 14 percent QoQ uptick to Rs120/sub/month, on account of the clean-up done in December 2018.

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The Sensex Is Down 380.44 Points Or 0.98% At 38582.82, And The Nifty Down 111.90 Points

The Sensex is down 380.44 points or 0.98% at 38582.82, and the Nifty down 111.90 points or 0.96% at 11600.40.

HDFC Bank, SBI, Maruti Suzuki, RIL, Titan, Yes Bank, Tata Steel, Vedanta, Tata Motors, Hindalco, Infosys, Indiabulls Housing, HUL are among major losers on the indices, on the other hand gainers are BPCL, Power Grid, Asian Paints and Eicher Motors.

All the sectoral indices are trading red led by metal, IT, infra, bank, auto, pharma and FMCG.

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Trends On SGX Nifty Indicate A Negative Opening For The Broader Indices In India

Trends on SGX Nifty indicate a negative opening for the broader indices in India, a fall of 53 points or 0.45 percent. Nifty futures were trading around 11,707.50-level on the Singaporean Exchange.

Asian equities tumbled, oil prices plunged and the safe-haven yen strengthened early on Monday as trade negotiations between China and the United States deteriorated suddenly, reversing apparent progress made in recent months.

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