Sensex, Nifty Seen Higher At Open

RTTNews | 56 dias atrás

(RTTNews) - Indian shares look set to open higher on Tuesday as traders return to their desks after a long holiday weekend. Indian stock markets were closed on Monday for Dr. Baba Saheb Ambedkar Jayanti.

Tech stocks could be in focus today after the Trump administration announced a pause in tariffs for phones, computers and consumer electronics, though officials insisted it was only a pause before new tech tariffs are implemented.

Trading activity of foreign investors, any new developments on the U.S.-China tariff war front along with the latest quarterly earnings announcements may sway sentiment as the week progresses.

On the earnings front, IT majors Wipro and Infosys along with private banking majors HDFC Bank and ICICI Bank are set to publish their financial results this week.

In economic releases, WPI and CPI data are set to be released this week. Domestic markets will remain closed on Friday due to Good Friday.

Asian markets were mixed this morning after rising sharply in the previous session. Japan's Nikkei average was up over 1 percent after U.S. President Donald Trump said he is exploring a pause in auto tariffs to allow time for supply chain adjustments.

At the same time, the White House has announced trade probes into semiconductors and pharmaceuticals, seen as a precursor to imposing tariffs that threaten to broaden Trump's sweeping U.S. trade war.

Treasuries were steady and the dollar index edged higher while gold was slightly lower. Oil traded higher, with U.S.-Iran discussions in focus.

U.S. stocks rose in a choppy session overnight as tech shares surged following a surprise U.S. tariff exemption of smartphones and computers, as well as other devices and components such as semiconductors, from President Trump's new "reciprocal" tariffs.

The Dow and the S&P 500 both climbed around 0.8 percent while the tech-heavy Nasdaq Composite added 0.6 percent.

European stocks ended Monday's session on a buoyant note as investors cheered news of a U.S. tariff exemption for some tech items.

The pan European STOXX 600 climbed 2.7 percent. The German DAX jumped 2.9 percent, France's CAC 40 rallied 2.4 percent and the U.K.'s FTSE 100 gained 2.1 percent.

European Shares Seen Tad Higher As Sino-US Trade Talks Enter Second Day

European stocks are likely to open higher on Tuesday as U.S.-China trade talks continue for a second day in London to defuse tensions over chip exports and critical minerals.

RTTNews | 1h 15min atrás

Australia NAB Business Conditions Ease; Confidence Improves

Australian business conditions eased in May amid ongoing profitability pressures and soft demand, while business confidence improved from the last month, survey data from NAB showed on Tuesday. A monthly survey conducted by Westpac showed that consumer confidence rose moderately in June, underpinned by interest rate cut and softening inflation.

RTTNews | 1h 23min atrás

Sensex, Nifty Lack Direction, Ongoing Trade Talks In Focus

Indian shares struggled for direction on Tuesday as investors waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions.

RTTNews | 2h 14min atrás

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and industrial production from Italy are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to fall to 4.6 percent in three months to April from 4.5 percent in the preceding period.

RTTNews | 2h 20min atrás

Australian Market Doubles Early Gains In Mid-market

The Australian stock market is doubling its early gains in mid-market trading on Tuesday, reversing some of the losses in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,600 level, with gains in iron ore miners, financial, technology and energy stocks partially offset by weakness in gold miners.

RTTNews | 3h 7min atrás

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid easing trade war tensions between the US and China after the two superpowers began high-level trade talks in London, with negotiations expected to continue on Tuesday. The tariff war between the two countries has already rattled the global economy.

RTTNews | 3h 49min atrás

Sensex, Nifty Seen Higher At Open As Sino-US Talks Continue

Indian shares look set to open on a positive note Tuesday as top officials from the U.S. and China continue their trade talks for a second day today to resolve their differences and ease tensions over rare-earth minerals and technology shipments.

RTTNews | 4h 16min atrás

Thai Bourse May Extend Losing Streak

The Thai stock market has ticked lower in back-to-back sessions, slipping more than 5 points or 0.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,135-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets is murky ahead of key upcoming talks between the United States and China. The European markets were down and the U.S. bourses were flat and the Asian markets figure to split the difference.

RTTNews | 4h 47min atrás

EURUSD	1.13996	GBPUSD	1.34967	AUDUSD	0.65108
USDJPY	144.546	USDCAD	1.37108	USDCHF	0.82202

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Sensex, Nifty Seen Higher At Open