Sensex, Nifty End Higher Ahead Of Fed Minutes

RTTNews | 713 일 전
Sensex, Nifty End Higher Ahead Of Fed Minutes

(RTTNews) - Indian shares eked out modest gains on Tuesday as global bond yields and the U.S. dollar continued to edge lower on dovish Fed expectations.

The dollar fell to a more than two-month low, reflecting investor optimism that the U.S. Federal Reserve will leave rates unchanged at upcoming meetings.

CME Group's FedWatch Tool currently indicates the Fed is likely to remain on hold until cutting rates beginning in mid-2004.

Signs of easing U.S.-Sino tensions and optimism over a recovery in China's property sector also helped underpin investor sentiment ahead of the minutes from Federal Reserve's latest meeting due later in the day.

The benchmark S&P BSE Sensex rose 275.62 points, or 0.42 percent, to 65,930.77 while the broader NSE Nifty index ended up 89.40 points, or 0.45 percent, at 19,783.40.

JSW Steel, Hindalco, Adani Enterprises, HDFC Life and SBI Life jumped 2-3 percent in the Nifty pack, while Tech Mahindra and BPCL fell around 1 percent each.

read more
Singapore Shares May Remain Stuck In Neutral On Tuesday

Singapore Shares May Remain Stuck In Neutral On Tuesday

The Singapore stock market on Monday wrote a finish to the three-day slide in which it had slipped more than 20 points or 0.5 percent. The Straits Times Index now sits just beneath the 4,450-point plateau although it may spin its wheels on Tuesday.
RTTNews | 1 시간 29 분 전
Little Movement Seen For Malaysia Stock Market

Little Movement Seen For Malaysia Stock Market

The Malaysia stock market has finished higher in two of three trading days since the end of the two-day slide in which it had slipped almost 7 point or 0.5 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau and it's expected to remain in that neighborhood again on Tuesday.
RTTNews | 1 시간 59 분 전
Rally May Stall For Japan Stock Market

Rally May Stall For Japan Stock Market

Ahead of Monday's holiday for Culture Day, the Japan stock market had jumped higher in three straight sessions, advancing almost 2,200 points or 4 percent in that span. The Nikkei 225 now rests just above the 52,400-point plateau although it may run out of steam on Tuesday.
RTTNews | 2 시간 6 분 전
KOSPI Due For Profit Taking On Tuesday

KOSPI Due For Profit Taking On Tuesday

The South Korea stock market has tracked higher in four straight sessions, advancing almost 215 points or 5.3 percent in that span. Now at another fresh record closing high, the KOSPI sits just above the 4,220-point plateau although investors may lock in gains on Tuesday.
RTTNews | 2 시간 8 분 전
Australia Rate Decision On Tap For Tuesday

Australia Rate Decision On Tap For Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep its benchmark lending rate unchanged at 3.60 percent.
RTTNews | 2 시간 59 분 전