Indian Markets Closed For Public Holiday

RTTNews | 861 days ago
Indian Markets Closed For Public Holiday

(RTTNews) - Indian markets remain closed today on account of Mahavir Jayanti.

Benchmark indexes Sensex and Nifty rose around 0.2 percent each on Monday while the rupee fell by 10 paise to close at 82.31 against the dollar.

Asian stocks traded narrowly mixed this morning, with Hong Kong's Hang Seng index falling over 1 percent before a public holiday on Wednesday.

Treasury yields retreated and the dollar wobbled on signs of a weakening U.S. economy. Oil added to sharp overnight gains while gold slipped after rising 1 percent on Monday.

U.S. stocks ended higher overnight as investors weighed weak manufacturing data against climbing oil prices.

Market participants believed that the decrease in oil production as a result of the OPEC+ move will largely be offset by falling demand.

The Dow gained 1 percent and the S&P 500 edged up 0.4 percent while the tech-heavy Nasdaq Composite shed 0.3 percent.

European stocks ended Monday's session on a mixed note, failing to hold early gains led by energy stocks.

The pan European STOXX 600 finished marginally lower as data showed activity at struggling factories across the eurozone fell further last month.

The German DAX slipped 0.3 percent, while France's CAC 40 rose 0.3 percent and the U.K.'s FTSE 100 gained half a percent.

read more
European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic confidence from Germany are the top economic news due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK unemployment data. The jobless rate is forecast to remain unchanged at 4.7 percent in the second quarter. At 3.00 am ET, retail sales figures are due from Turkey.
RTTNews | 1h 53min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.
RTTNews | 3h 30min 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, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.
RTTNews | 4h 8min ago
Sensex, Nifty Set For Muted Open On Mixed Global Cues

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.
RTTNews | 4h 40min ago
Japanese Market Sharply Higher; Up 2%

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.
RTTNews | 5h 34min ago