Sensex, Nifty Seen Tad Higher At Open

RTTNews | 1077天前
Sensex, Nifty Seen Tad Higher At Open

(RTTNews) - Indian shares look set to open a tad higher on Thursday despite mixed global cues and weak trade data showing that India's trade deficit more than doubled in August over the same month a year ago.

Benchmark indexes Sensex and the Nifty dropped around 0.4 percent each on Wednesday while the rupee fell by 35 paise to close at 79.52 against the dollar on hawkish Fed outlook.

Asian markets traded mixed this morning after Wall Street's main indexes ended a directionless session higher overnight.

The dollar held firm and oil prices rose on potential supply disruptions while gold traded weak below $1,700 per ounce ahead of a slew of U.S. economic data due later in the day, including reports on weekly jobless claims, retail sales and industrial production.

U.S. stocks eked out modest gains overnight after a market rout the previous day on Fed worries. A measure of producer prices fell for a second straight month in August, helping stocks recover from their worst sell-off in more than two years.

The Dow finished marginally higher, the S&P 00 rose 0.3 percent and the tech-heavy Nasdaq Composite added 0.7 percent.

European stocks fell for a second straight session on Wednesday amid lingering uncertainty surrounding the outlook for inflation and rate hikes.

The pan European Stoxx 600 shed 0.9 percent. The German DAX lost 1.2 percent, France's CAC 40 index dipped 0.4 percent and the U.K.'s FTSE 100 gave up 1.5 percent.

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Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | 10分鐘前
Asian Markets Mixed In Cautious Trades

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves 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, which could impact the outlook for interest rates.
RTTNews | 14分鐘前
Mild Upside Seen For Thai Stock Market

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.
RTTNews | 1小時41分鐘前
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.
RTTNews | 1小時59分鐘前
Indonesia Shares May Reverse Tuesday's Losses

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping 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 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | 2小時11分鐘前
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.
RTTNews | 2小時17分鐘前
Hong Kong Shares Expected To Open To The Upside

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.
RTTNews | 2小時26分鐘前
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.
RTTNews | 2小時41分鐘前