Indian Markets Closed For Public Holiday

RTTNews | vor 851 Tagen

(RTTNews) - Indian markets remain closed today on account of Ambedkar Jayanti.

Benchmark indexes Sensex and Nifty fluctuated before ending on a flat note Thursday as investors weighed positive industrial output and inflation readings against TCS' disappointing earnings report.

After market hours, Infosys forecast its lowest revenue growth in six years and warned of trouble in key finance sectors.

The Indian rupee gained 27 paise to close at 81.84 against the dollar after data showed U.S. inflation rate eased to 5 percent in March, the lowest rise in almost 2 years - bolstering bets that the Federal Reserve is nearing the end of its rate-hike cycle.

Asian markets were broadly higher this morning, thanks to easing concerns over inflation and interest-rate hikes.

In its half-yearly monetary statement today, Singapore's central bank kept its policy settings unchanged after five straight tightening moves since October 2021.

The Monetary Authority of Singapore said the tightening already underway would ensure inflation slowed sharply later this year. The Straits Times index was up half a percent.

The dollar languished near a two-month low against major peers and gold traded at a 13-month high on bets that the Federal Reserve may soon pause its hiking of interest rates to tame high inflation.

Some economists expect the Fed to raise interest rates for the last time at its FOMC meeting in May.

Oil prices were tad higher in Asian trading, after having slipped overnight following OPEC's warning on potential headwinds.

U.S. stocks rallied overnight after data showed producer prices unexpectedly fell in March and new claims for unemployment benefits rose more than expected last week, helping ease concerns about the outlook for interest rates.

The Dow jumped 1.1 percent and the S&P 500 added 1.3 percent to reach their best closing levels in nearly two months while the tech-heavy Nasdaq Composite jumped 2 percent.

European stocks closed higher for a fourth straight session on Thursday, as China reported robust export growth in March, LVMH posted strong Q1 sales growth and reports suggested that ECB policymakers are converging on a 25-bps rate hike in May. The pan European STOXX 600 rose 0.4 percent. The German DAX and the U.K.'s FTSE 100 both edged up around 0.2 percent while France's CAC 40 gained 1.1 percent.

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.

RTTNews | vor 20 Minuten

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.

RTTNews | vor 59 Minuten

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.

RTTNews | vor 1Std 30 Minuten

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | vor 2Std 24 Minuten

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | vor 2Std 32 Minuten

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | vor 2Std 47 Minuten

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | vor 2Std 54 Minuten

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | vor 3Std 2 Minuten

EURUSD	1.1619	GBPUSD	1.34322	AUDUSD	0.65189
USDJPY	148.397	USDCAD	1.37774	USDCHF	0.81133