Sensex, Nifty Poised For Flat Start Despite Firm Global Cues

RTTNews | vor 774 Tagen

(RTTNews) - Indian shares may open on a firm note Friday after new U.S. data helped further ease concerns about the outlook for interest rates.

Robust buying by FIIs may also offer some support, though volatility is not ruled out due to weaker-than-expected earnings from Wipro and rising oil prices.

Benchmark indexes Sensex and Nifty gave up some early gains to end up around 0.2 percent each on Thursday while the rupee ended 10 paise higher at 82.08 against the dollar, extending gains for a fourth straight session.

Asian markets traded mostly higher this morning and gold scaled a one-month peak, while the dollar hovered at 15-month lows.

Oil prices held near three-month high as concerns eased about higher interest rates impacting economic growth.

U.S. stocks closed higher overnight to build on Wednesday's sharp gains while the dollar and Treasury yields extended their slide after producer inflation data showed the smallest annual increase in prices in nearly three years, adding to bets the Fed could soon end its monetary tightening campaign.

Meanwhile, weekly jobless claims unexpectedly fell, suggesting a tight labor market.

The tech-heavy Nasdaq Composite and the S&P 500 jumped 1.6 percent and 0.9 percent, respectively to reach their best closing levels in over a year while the Dow inched up 0.1 percent.

European stocks extended gains to a fifth day on Thursday, with sentiment aided by China stimulus hopes, better-than-expected U.K. GDP data and remarks from ECB's Visco that the central bank is "not very far" from a peak in interest rates.

The pan European STOXX 600 advanced 0.6 percent. The German DAX rose 0.7 percent, France's CAC 40 added half a percent and the U.K.'s FTSE 100 edged up 0.3 percent.

Sensex, Nifty Deep In The Red On Tariff Worries

Indian shares opened on a sluggish note on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | vor 42 Minuten

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | vor 1Std 55 Minuten

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | vor 2Std 16 Minuten

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | vor 2Std 47 Minuten

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | vor 3Std 27 Minuten

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | vor 3Std 55 Minuten

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | vor 3Std 57 Minuten

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | vor 4Std 12 Minuten

EURUSD	1.16312	GBPUSD	1.34554	AUDUSD	0.64784
USDJPY	147.833	USDCAD	1.38551	USDCHF	0.80573