Sensex, Nifty Set To Follow Global Peers Higher

RTTNews | Před 1149 dny
Sensex, Nifty Set To Follow Global Peers Higher

(RTTNews) - Indian shares look set to open sharply higher on Monday, tracking positive global cues.

Stock-specific action could be seen as more companies unveil their financial results. Bharti Airtel, Larsen & Toubro and Tata Steel are among the prominent companies that will declare their September quarter results today.

Asian markets traded broadly higher this morning despite Chinese factory and services activity data pointing to further loss of momentum in the world's second-largest economy.

The dollar climbed and the yield on the 10-year U.S. Treasuries hovered at around 4 percent, as investors awaited this week's Federal Reserve meeting for clues on whether a pivot on the pace of rate hikes is on the table.

Oil prices slipped on concerns that increased COVID-19 curbs in China will dent fuel demand.

U.S. stocks rose sharply on Friday as fresh data pointing to slowing inflation and solid readings on personal income and spending outweighed weak earnings reports from mega-cap technology companies.

The Dow climbed 2.6 percent to hit a two-month closing high and book its longest winning streak since November 2021, while the tech-heavy Nasdaq Composite surged 2.9 percent and the S&P 500 added 2.5 percent.

European stocks reversed course to end broadly higher on Friday as investors reacted to a slew of earnings updates and economic data.

The pan European Stoxx 600 edged up 0.1 percent. The German DAX inched up 0.2 percent and France's CAC 40 index rose half a percent while the U.K.'s FTSE 100 dropped 0.4 percent.

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Australian Market Sharply Extends Early Gains In Mid-market

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The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.
RTTNews | Před 2 h 33 min
Indian Shares Look Headed For Another Positive Start

Indian Shares Look Headed For Another Positive Start

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RTTNews | Před 2 h 41 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets extend their gains boosted continued strength among technology stocks. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly higher on Monday.
RTTNews | Před 2 h 45 min
Hong Kong Stock Market Tipped To Open In The Green

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | Před 4 h 42 min
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 50,400 level, with gains in exporters and financial stocks partially offset by weakness in index heavyweights and technology stocks.
RTTNews | Před 4 h 48 min
Win Streak May Continue For China Stock Market

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The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
RTTNews | Před 4 h 57 min
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.
RTTNews | Před 5 h 7 min