Sensex, Nifty Set For Muted Start

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(RTTNews) - Indian shares are seen opening on a muted note Friday following a lackluster session on Wall Street overnight and mixed cues from other Asian markets this morning.

As 2024 draws to a close, the focus is now on the Federal Reserve's interest rate decisions in 2025 and potential shifts in tariff policies from U.S. President-elect Donald Trump.

Closer home, the Indian economy is likely to grow at around 6.5 percent in fiscal year 2024-25, closer to the lower end of its 6.5-7 percent projection, the Finance Ministry said in its November monthly economic report.

Another report from RBI revealed that banks' profitability rose for the sixth consecutive year in 2023-24 and their gross bad debts or NPAs declined to a 13-year low of 2.7 percent.

Benchmark indexes Sensex and Nifty moved in a tight range before ending narrowly mixed Thursday as trading resumed after a holiday for Christmas.

The rupee fell by 12 paise to close at a record low of 85.27 per dollar due to elevated dollar index levels and continued selling by foreign investors amid global economic uncertainties.

Foreign institutional investors (FII) sold shares worth Rs 2,376.67 crore on Thursday while domestic financial institutions remained net buyers to the extent of Rs 3,336.16 crore, according to the provisional data available on the NSE.

Asian stocks traded mixed this morning, with Japanese markets leading regional gains amid fresh weakness in the yen.

The dollar index was up slightly in Asian trade while oil and prices were little changed.

U.S. stocks ended mixed overnight as trading resumed following the Christmas holiday.

Retail sales came in above forecasts during a shorter holiday season while the number of jobless claims fell unexpectedly in the week ending Dec. 21, though continuing claims surged to a three-year high, separate set of data showed.

The Dow edged ended flat with a positive bias while the tech-heavy Nasdaq Composite and the S&P 500 both finished marginally lower.

Major European markets were closed on Thursday in observance of Boxing Day.

Sensex, Nifty Set To Open Lower Amid Rising Global Bond Yields

Indian shares look set to open on a weak note on Wednesday, with trade tensions and caution ahead of the two-day Goods and Services Tax (GST) Council meeting, scheduled for Sept 3-4, likely to keep investors on edge.

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Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.

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Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.

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Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.

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Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.

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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.

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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 | il y a 2h 35min

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 | il y a 3h 2min

EURUSD	1.16289	GBPUSD	1.33694	AUDUSD	0.65229
USDJPY	148.834	USDCAD	1.37903	USDCHF	0.8054