Sensex, Nifty Eye Cautious Start After Recent Gains

RTTNews | 3 days ago

(RTTNews) - Indian shares are seen opening little changed on Friday after recent gains supported by GST reforms and encouraging progress in India-U.S. trade discussions.

Adani group stocks could be in focus today after SEBI's investigation found no evidence that the diversified group used related parties to channel funds into its listed companies, dismissing allegations levelled by U.S. short seller Hindenburg Research against the group in early 2023.

Benchmark indexes Sensex and Nifty rose around 0.4 percent each on Thursday to extend gains for a third consecutive session.

The rupee settled 28 paise lower at 88.13 against the dollar, snapping a four-day winning streak on hawkish Fed and worries over U.S. tariffs and global trade uncertainties.

Asian markets were mostly higher this morning ahead of the Bank of Japan's policy decision and a phone call between U.S. President Donald Trump and his Chinese counterpart Xi Jinping to determine the fate of TikTok and the future of U.S.-China relations.

Gold held steady in Asian trade while oil prices were slightly lower. The dollar index rose for a third consecutive day after Thursday's data showed U.S. jobless claims had dropped by the most in nearly four years, suggesting the U.S. economy remains resilient and is unlikely to spiral into a recession.

U.S. stocks notched fresh record highs overnight as Nvidia agreed to invest $5 billion in Intel Corp and data showed fewer Americans filed new applications for unemployment benefits last week.

The tech-heavy Nasdaq Composite gained 0.9 percent, the S&P 500 added half a percent and the Dow rose 0.3 percent, a day after the Fed delivered its first interest-rate cut since December 2024 and signaled two more rate cuts in 2025.

European stocks closed higher on Thursday following Federal Reserve and Bank of England rate decisions.

The pan European STOXX 600 advanced 0.8 percent. The German DAX surged 1.4 percent, France's CAC 40 climbed 0.9 percent and the U.K.'s FTSE 100 edged up 0.2 percent.

European Shares Seen Mostly Lower In Cautious Trade

European stocks are seen opening flat to slightly lower on Monday as investors react to the Trump administration's immigration crackdown on H-1B visas and shift focus to a slew of U.S. economic data as well as speeches by Fed Chair Jerome Powell and other Fed officials due this week for additional clues on the future path of interest rates.

RTTNews | 55 minutes ago

China Leaves Key Interest Rates Unchanged

The People's Bank of China left its benchmark interest rates unchanged for the fourth straight month despite key indicators suggesting economic slowdown. The PBoC kept its one-year loan prime rate unchanged at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The decision came in line with expectations.

RTTNews | 1h 6min ago

Sensex, Nifty Little Changed; IT Stocks Tumble After H-1B Visa Fee Increase

Indian shares were little changed on Monday despite U.S. President Donald Trump's decision to impose a hefty $100000 fee on H-1B visas to protect American jobs.

RTTNews | 1h 55min ago

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, but adding to the gains in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,800.00 level, with gains across most sectors led by mining and financial stocks.

RTTNews | 3h 3min ago

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the positive cues from Wall Street on Friday, as the recent interest rate cut decision by the US Fed and the forecast by Fed officials of two more rate cuts this year but just one next year, continue to lift market sentiment. However, major currencies in the region weakened against the US dollar. Asian markets closed mixed on Friday.

RTTNews | 3h 23min ago

Sensex, Nifty Set To Open Lower After Trump's Visa Crackdown

Indian shares look set to open lower on Monday, with tech stocks likely to be in focus after U.S. President Donald Trump signed an executive order slapping an additional fee on H-1B visa holders, potentially impacting profitability and prompting companies to rethink hiring strategies.

RTTNews | 3h 59min ago

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 nearly 600 points to well above the 45,600 level, with gains across most sectors led by exporters and technology stocks.

RTTNews | 4h 16min ago

Thai Stock Market Due For Support On Monday

The Thai stock market has moved lower in three straight sessions, shedding more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,290-point plateau although it may stop the bleeding on Monday.

RTTNews | 4h 36min ago

EURUSD	1.17447	GBPUSD	1.3481	AUDUSD	0.65901
USDJPY	148.056	USDCAD	1.37965	USDCHF	0.79586