Sensex, Nifty End Choppy Session On Flat Note

RTTNews | 858 hari yang lalu
Sensex, Nifty End Choppy Session On Flat Note

(RTTNews) - Indian shares moved in a narrow range before closing on a flat note Friday.

A cautious undertone prevailed as investors awaited earnings results from heavyweights Reliance Industries and ICICI Bank for directional cues.

Global cues were muted, and the dollar rebounded as investors factored in the possibility of additional rate hikes by the Federal Reserve.

Philadelphia Fed President Patrick Harker said on Thursday that "some additional tightening may be needed to ensure policy is restrictive enough" to support the Fed's dual mandate of keeping both unemployment and inflation low.

Closer home, the fight against inflation is far from over and the latest pause in repo rate is tactical and not a pivot or a change in policy direction, according to this month's Monetary Policy Committee (MPC) meeting released on Thursday.

The benchmark S&P/BSE Sensex ended the session up 22.71 points, or 0.04 percent, at 59,655.06 while the broader NSE Nifty index ended little changed with a positive bias at 17,624.05.

Cipla, Wipro, Britannia Industries, TCS and ITC jumped 1-2 percent in the Nifty pack, while Tata Steel, SBI Life, Adani Enterprises, Tech Mahindra and HDFC Life lost 2-3 percent.

read more
Hong Kong Shares Expected To Open To The Upside

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.
RTTNews | 14 minit yang lalu
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.
RTTNews | 29 minit yang lalu
Win Streak May Continue For Taiwan Stock Market

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.
RTTNews | 59 minit yang lalu
Singapore Stock Market Expected To Open In The Green

Singapore Stock Market Expected To Open In The Green

The Singapore stock market on Tuesday snapped the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,240-point plateau although it may move back above water on Wednesday.
RTTNews | 1j 29min yang lalu
Malaysia Stock Market Expected To Open To The Upside On Wednesday

Malaysia Stock Market Expected To Open To The Upside On Wednesday

The Malaysia stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it's likely to rebound on Wednesday.
RTTNews | 1j 59min yang lalu
Japan Stock Market May See Renewed Support

Japan Stock Market May See Renewed Support

The Japan stock market on Tuesday halted the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just beneath the 42,400-point plateau although it's expected to open in the green on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead. The Nikkei finished sharply lower on Tuesday following losses from the financial shares, technology stocks and automobile producers. For the day, the index slumped 413.42 points or 0.97 percent to finish at 42,394.40 after trading between 42,137.62 and 42,703.27. Among the actives, Nissan Motor plummeted 6.25 percent, while Mazda Motor added 0.40 percent, Toyota Motor retreated 1.41 percent, Honda Motor tumbled 1.71 percent, Softbank Group dropped 0.91 percent, Mitsubishi UFJ Financial sank 0.72 percent, Mizuho Financial shed 0.45 percent, Sumitomo Mitsui Financial skidded 1.01 percent, Mitsubishi Electric tumbled 1.91 percent, Sony Group declined 1.87 percent, Panasonic Holdings slumped 1.11 percent and Hitachi contracted 1.63 percent.
RTTNews | 2j 14min yang lalu
Rebound Tipped For South Korea Stock Market

Rebound Tipped For South Korea Stock Market

The South Korea stock market on Tuesday ended the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,180-point plateau although it may reverse those losses on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.
RTTNews | 2j 29min yang lalu