Indian Shares Fall 0.3%; U.S. Economic Data in Focus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 03 2024
0mins
Source: WSJ
Market Overview: India's Sensex index decreased by 0.3% to 82255.52 as investors await U.S. nonfarm payroll data, which is expected to influence the Federal Reserve's interest rate decisions and overall market sentiment towards riskier assets.
Stock Performance: Notable decliners include Bajaj Finance (-2.1%), Reliance Industries (-1.1%), and Asian Paints (-1.5%), while Tech Mahindra (+0.7%) and Tata Consultancy Services (+0.6%) saw gains.
Analyst Views on ZTO
About ZTO
ZTO Express (Cayman) Inc is a holding company that provides express delivery services and other value-added logistics services through a nationwide network. The express delivery services mainly include parcel sorting and route transportation. The Company provides express delivery services directly to corporate customers, including vertical e-commerce and traditional merchants, as well as delivering products to end consumers. The Company also provides freight forwarding services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
