Sensex, Nifty Marginally Higher In Lackluster Trade

RTTNews | vor 125 Tagen
Sensex, Nifty Marginally Higher In Lackluster Trade

(RTTNews) - Indian shares struggled for director on Wednesday as investors watched the latest developments on the trade front and awaited key U.S. inflation data for additional clues on the Fed's rate trajectory.

Geopolitical tensions also remained in focus after Prime Minister Narendra Modi said he let armed forces have "complete operational freedom" to decide on the mode, targets and timing of India's response to the April 22 Pahalgam terror attack.

The benchmark S&P BSE Sensex was up 10 points at 80,298 while the broader NSE Nifty index was up 8 points at 24,343.

Vedanta rose about half a percent and IOC added nearly 2 percent ahead of their earnings results due today.

BPCL gained 2 percent and HPCL rose 1.3 percent as oil headed for its worst-ever April on demand concerns.

CEAT jumped 2.6 percent despite reporting an 8.4 percent decline in profit for the fourth quarter.

Bajaj Finance plunged 5.3 percent and Bajaj FinServ plummeted 6 percent after announcing their quarterly results.

State Bank of India declined 1.4 percent on fund raising reports.

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China Shares May Take Further Damage On Wednesday

China Shares May Take Further Damage On Wednesday

The China stock market on Tuesday wrote a finish to the three-day winning streak in which it had improved more than 75 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,860-point plateau and the losses may accelerate on Wednesday.
RTTNews | vor 22 Minuten
Taiwan Bourse May Extend Losing Streak

Taiwan Bourse May Extend Losing Streak

The Taiwan stock market has finished lower in four straight sessions, slumping more than 500 points or 2 percent along the way. The Taiwan Stock Exchange now sits just above the 24,000-point plateau and it may take further damage on Wednesday.
RTTNews | vor 54 Minuten
Singapore Shares: Resistance Expected At 4,300 Points

Singapore Shares: Resistance Expected At 4,300 Points

The Singapore stock market has moved higher in five straight sessions, collecting more than 50 points or 1.2 percent in that span. The Straits Times Index now sits just shy of the 4,300-point plateau, although it may run out of steam on Wednesday.
RTTNews | vor 1Std 21 Minuten
Malaysia Shares May See Renewed Consolidation On Wednesday

Malaysia Shares May See Renewed Consolidation On Wednesday

The Malaysia stock market on Tuesday snapped the two-day slide in which it had fallen more than a dozen points or 0.8 percent. The Kuala Lumpur Composite Index now sits just above the 1,575-point plateau although it may head south again on Wednesday.
RTTNews | vor 1Std 47 Minuten
Japan Stock Market May Hand Back Tuesday's Gains

Japan Stock Market May Hand Back Tuesday's Gains

The Japanese stock market on Tuesday ended the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just above the 42,310-point plateau although it may see renewed consolidation on Wednesday.
RTTNews | vor 2Std 8 Minuten
South Korea Shares May Head South Again On Wednesday

South Korea Shares May Head South Again On Wednesday

The South Korea stock market on Tuesday ended the two-day slide in which it had given up mor than 50 points or 1.6 percent. The KOSPI now rests just above the 3,170-point plateau although it's expected to turn lower again on Wednesday.
RTTNews | vor 2Std 24 Minuten
Australia GDP Data Due On Wednesday

Australia GDP Data Due On Wednesday

Australia will on Wednesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GP is expected to rise 0.5 percent on quarter and 1.6 percent on year, up from 0.2 percent on quarter and 1.3 percent on year in the three months prior.
RTTNews | vor 3Std 25 Minuten