Sensex, Nifty To Follow Asian Peers Higher

RTTNews | 691 दिनों पहले

(RTTNews) - Indian shares are seen opening higher on Thursday despite weak cues from overseas markets.

Trading may turn volatile later in the day due to FII selling and ahead of upcoming U.S. producer inflation and retail sales data.

Adani Group stocks could be in focus on reports that the Group is in talks with banks to refinance debt taken on to fund its purchase of Ambuja Cements.

Benchmark indexes Sensex and Nifty rose around 0.4 percent each on Wednesday as encouraging inflation and industrial output data spurred optimism about India's growth story. The rupee fell by 2 paise to close at 82.97 against the dollar.

Asian markets traded mostly higher this morning, the dollar edged lower and two-year Treasury yields remained below 5 percent while oil edged up after settling slightly lower on Wednesday.

U.S. stocks ended mixed overnight as the release of hot August inflation report kept bets of one more Fed rate hike alive.

Data showed consumer prices increased 3.7 percent year-per-year last month, slightly ahead of the estimated 3.6 percent. Core inflation rose 4.3 percent, matching expectations.

The Dow slipped 0.2 percent, while the S&P 500 inched up 0.1 percent and the tech-heavy Nasdaq Composite added 0.3 percent.

European stocks closed lower on Wednesday as investors reacted to weak eurozone industrial production and U.K. GDP data.

The pan European STOXX 600 eased 0.3 percent. The German DAX and France's CAC 40 both fell around 0.4 percent while the U.K.'s FTSE 100 finished marginally lower.

Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat

Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 51 मिनटों पहले

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,750 level, with gains across all sectors led by mining, energy and technology stocks.

RTTNews | 1घंटे 56 मिनट पहले

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid optimism the weak monthly US jobs data will lead the US Fed to lower interest rates next month. Traders also picked up stocks at a bargain following the recent downturn in the markets. Asian markets closed mixed on Monday.

RTTNews | 2घंटे 22 मिनट पहले

Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs

Indian shares may open on a weak note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | 2घंटे 54 मिनट पहले

Additional Support Anticipated For Thai Stock Market

The Thai stock market on Monday ended the two-day slide in which it had fallen more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,230-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 3घंटे 26 मिनट पहले

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving well above the 40,400 level, with small gains across most sectors led by exporters, automakers and financial stocks.

RTTNews | 3घंटे 49 मिनट पहले

Rebound Called For Indonesia Stock Market

The Indonesia stock market headed south again on Monday, one session after snapping the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,465-point plateau although it's likely to see renewed support on Tuesday.

RTTNews | 3घंटे 56 मिनट पहले

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,700 level, with gains across all sectors led by mining and technology stocks.

RTTNews | 4घंटे 9 मिनट पहले

EURUSD	1.15544	GBPUSD	1.32783	AUDUSD	0.64608
USDJPY	147.081	USDCAD	1.37883	USDCHF	0.80951

Advertisement

Sensex, Nifty To Follow Asian Peers Higher