Sensex, Nifty End Choppy Session Modestly Lower

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Sensex, Nifty End Choppy Session Modestly Lower

(RTTNews) - Indian shares ended a choppy session lower on Tuesday, adding to steep losses posted in the previous session.

Somewhat encouraging retail inflation data on the domestic front and gains in U.S. stock futures helped limit the downside in the broader market.

The benchmark S&P BSE Sensex dropped 153.13 points, or 0.29 percent, to 52,693.57, extending losses for the third straight session.

The broader NSE Nifty index fell 42.30 points, or 0.27 percent, to 15,732.10 as investors braced for aggressive hikes and hawkish guidance from the Federal Reserve on Wednesday.

Goldman Sachs and JPMorgan Chase & Co. said they expect the Fed to raise interest rates by 75 basis points at their meeting on Wednesday.

As recession worries grow, the messaging around future guidance is going to be key to determine market reactions.

Tech Mahindra, Hindalco, ONGC, IndusInd Bank and Bajaj Auto tumbled 2-5 percent while Cipla, Mahindra & Mahindra, Divis Laboratories, Bharti Airtel and NTPC rose 1-2 percent.

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Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to near the 39,300 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers.
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Hang Seng Index Due For Profit Taking

Hang Seng Index Due For Profit Taking

The Hong Kong stock market has finished higher in four straight sessions, climbing more than 1,230 points or 5.1 percent along the way. The Hang Seng Index now sits just above the 24,470-point plateau although investors figure to lock in gains on Thursday.
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Rally May Stall For China Stock Market

Rally May Stall For China Stock Market

The China stock market has tracked higher in three straight sessions, collecting more than 95 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,455-point plateau although it's due for consolidation on Thursday.
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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,600 level, with a mixed performance across most sectors.
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Lower Open Expected For Taiwan Stock Market

Lower Open Expected For Taiwan Stock Market

The Taiwan stock market has moved higher in two straight sessions, advancing almost 700 points or 3.2 percent along the way. The Taiwan Stock Exchange now sits just above the 22,430-point plateau although it's looking at a soft start on Thursday.
RTTNews | 1घंटे 2 मिनट पहले
Singapore Bourse Called Rangebound Again On Thursday

Singapore Bourse Called Rangebound Again On Thursday

The Singapore stock market has climbed higher in two straight sessions, rising more than 45 points or 1.2 percent along the way. The Straits Times Index now sits just above the 3,925-point plateau, and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 1घंटे 32 मिनट पहले
Little Movement Expected For Malaysia Stock Market

Little Movement Expected For Malaysia Stock Market

The Malaysia stock market bounced higher again on Wednesday, one day after snapping the two-day winning streak in which it had picked up almost a dozen points or 0.7 percent. The Kuala Lumpur Composite Index now sits just shy of the 1,520-point plateau and it figures to remain rangebound again on Thursday.
RTTNews | 2घंटे 2 मिनट पहले
Japan Stock Market May Run Out Of Steam On Thursday

Japan Stock Market May Run Out Of Steam On Thursday

The Japan stock market has moved higher in back-to-back sessions, collecting almost 600 points or 1.5 percent along the way. The Nikkei 225 now sits just above the 38,940-point plateau although the rally may stall on Thursday.
RTTNews | 2घंटे 17 मिनट पहले