Sensex, Nifty End Narrowly Mixed After Choppy Session

RTTNews | 558天前
Sensex, Nifty End Narrowly Mixed After Choppy Session

(RTTNews) - Indian shares ended modestly lower on Tuesday after U.S. Federal Reserve officials tempered investor enthusiasm about potential interest-rate cuts

Global cues were mixed, the dollar firmed up and Treasury yields climbed after comments from three Fed officials suggested that U.S. interest rates are likely to stay high for longer than anticipated.

The minutes of the Federal Reserve's latest policy meeting and an earnings report from artificial intelligence darling Nvidia were also on investors' radar.

The benchmark S&P BSE Sensex ended the session down 52.63 points, or 0.07 percent, at 73,953.31 after a choppy session.

The broader NSE Nifty index settled up 27.05 points, or 0.12 percent, at 22,529.05.

The downside was capped as the news of the death of Iran's president and the bad health of Saudi Arabia's king failed to affect crude prices in a positive way. It is still unclear whether the events will have an impact on energy policy.

Metal stocks surged as copper prices hit record highs in international markets helped by China's stimulus to support the country's property sector. JSW Steel, Tata Steel, Coal India and Hindalco jumped 4-5 percent.

Among the prominent decliners, ICICI Bank, IndusInd Bank, Maruti Suzuki India, Hero MotoCorp and Nestle India dropped 1-2 percent.

read more
China Manufacturing Activity Shrinks In November

China Manufacturing Activity Shrinks In November

China's manufacturing activity shrank slightly in November as production growth came to a halt amid stagnating new orders, survey results from S&P Global showed on Monday. The RatingDog manufacturing Purchasing Managers' Index fell to 49.9 in November from 50.6 in October. A score below 50.0 indicates contraction in the sector.
RTTNews | 1小時51分鐘前
Indian Shares Open Higher On Q2 GDP Surprise

Indian Shares Open Higher On Q2 GDP Surprise

Indian shares opened on a positive note Monday after data showed the Indian economy grew at the fastest pace in six quarters during the three months to September, defying expectations for a modest slowdown.
RTTNews | 2小時9分鐘前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday after opening in the green, with a relatively flat close in the previous session, following the positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,600.00 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 2小時46分鐘前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly positive cues from Wall Street on Friday, as renewed optimism about the outlook for interest rates continued to contribute to the recent rebound in the markets following dovish comments from leading US Fed officials. Concerns about the lofty market valuations, primarily technology stocks, continue to weigh on the markets.
RTTNews | 2小時53分鐘前
Additional Support Expected For Thai Stock Market

Additional Support Expected For Thai Stock Market

The Thai stock market on Friday ended the two-day slide in which it had fallen more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,255-point plateau and it may pick up steam on Monday.
RTTNews | 4小時26分鐘前
Indonesia Bourse Poised To End Losing Streak

Indonesia Bourse Poised To End Losing Streak

The Indonesia stock market has moved lower in back-to-back sessions, sinking almost 100 points or 1.1 percent along the way. The Jakarta Composite Index now sits just shy of the 8,510-point plateau, although it figures to stop the bleeding on Monday.
RTTNews | 4小時56分鐘前
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Monday, extending the slight gains in the previous session, despite the broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 49,600 level, with weakness across most sectors led by index heavyweights and exporter. Financial stocks were the only bright spot.
RTTNews | 5小時11分鐘前