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Sensex, Nifty End Little Changed; Metal Stocks Surge

RTTNews | vor 973 Tagen

Sensex, Nifty End Little Changed; Metal Stocks Surge

(RTTNews) - Indian shares ended Monday's session little changed, tracking mixed global cues after robust U.S. jobs data released on Friday stirred anxiety over the pace of future rate increases.

Rallying oil prices also weighed on markets after OPEC+ decided to stick to its policy of lowering oil production.

The benchmark S&P BSE Sensex ended the session down 33.90 points, or 0.05 percent, at 62,834.60 - extending losses for a second straight session.

The broader NSE Nifty index edged up 4.95 points, or 0.03 percent, to close at 18,701.05.

Among the prominent decliners, Britannia Industries, Tech Mahindra, Tata Motors, Reliance Industries and Apollo Hospitals Enterprise fell 1-2 percent.

Metal stocks topped the gainers list after more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend.

Hindalco surged 4.5 percent while Coal India and Tata Steel climbed 2-3 percent.

ONGC added 2 percent, tracking higher oil prices as the G7 price cap of $60 per barrel and the EU import ban on Russian seaborne crude oil and oil products takes effect today.

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BoJ Minutes: Japan Economy Continues To Recover

BoJ Minutes: Japan Economy Continues To Recover

Members of the Bank of Japan's Monetary Policy Board felt that the country's economic recovery is continuing at an acceptable pace, minutes from the central bank's June 16-17 monetary policy meeting revealed on Tuesday - although it is starting to show signs of slowing.

RTTNews | vor 36 Minuten

Singapore Shares Poised To Open To The Upside On Tuesday

Singapore Shares Poised To Open To The Upside On Tuesday

The Singapore stock market on Monday halted the six-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now sits just beneath the 4,200-point plateau and it may extend its gains on Tuesday.

RTTNews | vor 38 Minuten

Renewed Support Likely For Malaysia Stock Market

Renewed Support Likely For Malaysia Stock Market

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although it's likely to bounce higher again on Tuesday.

RTTNews | vor 1Std 8 Minuten

Japan Stock Market May Stop The Bleeding On Tuesday

Japan Stock Market May Stop The Bleeding On Tuesday

The Japan stock market has moved lower in two straight sessions, tumbling almost 780 points or 1.8 percent along the way. The Nikkei 225 now sits just shy of the 40,300-point plateau although it's due for support on Tuesday.

RTTNews | vor 1Std 23 Minuten

South Korea Inflation Rises 0.2% In July

South Korea Inflation Rises 0.2% In July

Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.

RTTNews | vor 1Std 29 Minuten

Australia Services Sector Accelerates In July

Australia Services Sector Accelerates In July

The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.

RTTNews | vor 1Std 34 Minuten

KOSPI May Add To Monday's Gains

KOSPI May Add To Monday's Gains

The South Korea stock market on Monday snapped the two-day slide in which it had stumbled more than 135 points or 3.9 percent. The KOSPI now sits just shy of the 3,150-point plateau and it may add to its winnings on Tuesday.

RTTNews | vor 1Std 38 Minuten

BoJ Minutes On Tap For Tuesday

BoJ Minutes On Tap For Tuesday

The Bank of Japan will on Tuesday release the minutes from its June 16-17 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.

RTTNews | vor 2Std 38 Minuten

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