Sensex, Nifty Poised For Flat Open

RTTNews | 861 days ago
Sensex, Nifty Poised For Flat Open

(RTTNews) - Indian shares may open flat to slightly higher on Tuesday, though volatility cannot be ruled out amid the upcoming derivatives expiry and the spike in crude prices in the wake of positive sentiment generating from China's rollback of Covid-19 isolation measures and signs of cooling U.S inflation.

Higher U.S. stock futures and a positive trend in other Asian markets this morning may offer some support at open.

The offshore yuan held a gain from overnight and the dollar index eased on improved risk sentiment after China announced that it would drop quarantine for inbound travelers starting from Jan. 8.

Benchmark indexes Sensex and Nifty jumped around 1.2 percent each on Monday, with buying seen across the board, barring pharma stocks.

The rupee rose by 17 paise to close at 82.65 against the greenback amid the weakening of the American currency in the overseas market.

The U.S. and European markets were closed on Monday for Christmas holidays.

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Sensex, Nifty Marginally Lower In Early Trade

Sensex, Nifty Marginally Lower In Early Trade

Indian shares struggled for direction on Tuesday as tensions between India and Pakistan simmered and media reports suggested that India has proposed zero tariffs on steel, auto components and pharmaceuticals on a reciprocal basis up to a certain quantity of imports in its trade negotiations with the U.S.
RTTNews | 1h 12min ago
Australian Market Slightly Higher In Mid-market After Early Losses

Australian Market Slightly Higher In Mid-market After Early Losses

The Australian stock market is slightly higher in mid-market trading on Tuesday after early losses, reversing some of the losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with strong gains in gold miners nearly offset by weakness in iron ore miners, financial and some technology stocks.
RTTNews | 1h 28min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, amid easing global trade concerns after US Treasury Secretary Scott Bessent said 17 trading partners, excluding China, have presented very good trade proposals and some deals may be announced as early as this week. He added there could be substantial progress on trade with China.
RTTNews | 2h 13min ago
Thai Stock Market Due For Consolidation On Tuesday

Thai Stock Market Due For Consolidation On Tuesday

Ahead of Monday's holiday for Coronation Day, the Thai stock market had moved higher in five straight sessions, gathering more than 50 points or 4.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau although it's expected to open in the red on Tuesday.
RTTNews | 3h 13min ago
Indonesia Shares Due For Profit Taking On Tuesday

Indonesia Shares Due For Profit Taking On Tuesday

The Indonesia stock market has moved higher in six straight sessions, advancing more than 225 points or 3.6 percent along the way. The Jakarta Composite Index now rests just above the 6,830-point plateau although investors may lock in gains on Tuesday.
RTTNews | 3h 43min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with weakness in iron ore miners, financial and some technology stocks partially offset by strong gains in gold miners.
RTTNews | 3h 59min ago
Hong Kong Bourse May Spin Its Wheels On Tuesday

Hong Kong Bourse May Spin Its Wheels On Tuesday

Ahead of Monday's holiday for the buddha's birthday, the Hong Kong stock market had finished higher in three straight sessions, collecting almost 550 points or 2.4 percent along the way. The Hang Seng Index now sits just above the 22,500-point plateau although the rally may stall on Tuesday.
RTTNews | 4h 13min ago