Sensex, Nifty Set To Follow Global Peers Higher

RTTNews | 281天前

(RTTNews) - Indian shares look set to open higher on Monday as traders return to their desks after a long holiday weekend.

While positive global cues may help underpin sentiment, caution ahead of the Federal Reserve's interest rate decision, tariff-related developments and FII selling could lead to some volatility as the day progresses.

Investors also await India's WPI inflation data and China's retail sales and industrial production figures for direction.

Asian markets were mostly higher this morning after China unveiled a special action plan over the weekend to revive consumption.

Treasuries edged higher following Friday's decline. Gold edged higher and the dollar was on the back foot ahead of a slew of central bank meetings due this week, including the U.S. Federal Reserve's monetary policy review on March 19.

Oil prices rose over 1 percent to extend gains for a second straight session as the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping.

U.S. stocks rose sharply overnight but posted steep losses for the week due to uncertainties around President Trump's tariff policies.

Investors shrugged off data that showed U.S. consumer sentiment plunged to a nearly 2-1/2-year low in March and long-term inflation expectations hit their highest level in 32 years.

The tech-heavy Nasdaq Composite surged 2.6 percent, the S&P 500 rallied 2.1 percent and the Dow climbed 1.7 percent to cap a volatile week as the risk of a government shutdown eased.

European stocks closed higher on Friday after German lawmakers reportedly agreed on a historic debt deal that will help increase defense and infrastructure spending.

The pan European STOXX 600 gained 1.1 percent. The German DAX jumped 1.9 percent, while France's CAC 40 and the U.K.'s FTSE 100 both added around 1.1 percent.

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 1小時3分鐘前

Japan Stock Market May Add To Its Winnings On Tuesday

The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers. For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88. Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.

RTTNews | 1小時18分鐘前

Additional Support Called For South Korea Shares

The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 1小時33分鐘前