Sensex, Nifty Marginally Higher In Lackluster Trade

RTTNews | 4 ชม. 6 นาทีที่ผ่านมา
Sensex, Nifty Marginally Higher In Lackluster Trade

(RTTNews) - Indian shares were modestly higher in early trade on Wednesday, after having suffered heavy losses in the previous session amid rising geopolitical tensions, growing concerns over U.S. debt and a spike in Covid-19 cases in Southeast Asia.

Indian health authorities have dismissed fears of a major Covid-19 resurgence despite a fresh wave sweeping parts of Asia, particularly Singapore and Hong Kong.

The benchmark 30-share BSE Sensex was up 105 points, or 0.1 percent, at 81,291 after falling over 1 percent in the previous session. The broader NSE Nifty index edged up by 27 points, or 0.1 percent, to 24,710.

The upside was limited by an uptick in U.S. Treasury yields, with a Federal Reserve official warning that policy uncertainty will have a 'meaningful' impact on the economic outlook.

Sun Pharma rose nearly 2 percent while Nestle India, Hindustan Unilever, HDFC Bank and ICICI Bank all were up around half a percent.

On the losing side, IndusInd Bank and Eternal fell over 1 percent each.

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U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday amid increased risk-on mood, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Furthermore, growing market acceptance that the Federal Reserve (Fed) will lower interest rates further this year amid evidence of diminishing inflationary pressure and a dismal growth forecast, also pushed the USD lower.
RTTNews | 31 นาทีที่ผ่านมา
Japan Exports Growth Softens On Higher Trade Tariffs

Japan Exports Growth Softens On Higher Trade Tariffs

Japan's exports grew at a slower pace in April largely due to the higher tariffs imposed by the US administration, official data revealed Wednesday. Exports climbed 2.0 percent on a yearly basis in April, slower than the 4.0 percent increase in March, the Ministry of Finance reported. Exports have been rising since last September and the latest growth matched economists' expectations.
RTTNews | 1 ชม. 44 นาทีที่ผ่านมา
European Shares May Struggle At Open

European Shares May Struggle At Open

European stocks are seen opening little changed on Wednesday, with U.S. fiscal concerns, geopolitical tensions and the Fed outlook likely to be in focus.
RTTNews | 2 ชม. 38 นาทีที่ผ่านมา
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer price data from the UK is the only major report due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK consumer prices for April. Consumer price inflation is forecast to rise to 3.3 percent from 2.6 percent in March.
RTTNews | 2 ชม. 52 นาทีที่ผ่านมา
Swiss Franc Rises Against Majors

Swiss Franc Rises Against Majors

The Swiss franc strengthened against other major currencies in the Asian session on Wednesday.
RTTNews | 3 ชม. 3 นาทีที่ผ่านมา
U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 3 ชม. 28 นาทีที่ผ่านมา
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, adding the gains in the previous session, with the benchmark S&P/ASX 200 staying just below the 8,400 level, despite the broadly negative cues from Wall Street overnight, with gains in mining, financial and energy stocks partially offset by weakness in technology stocks.
RTTNews | 4 ชม. 45 นาทีที่ผ่านมา
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the broadly negative cues from Wall Street overnight, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Major currencies in the region have also strengthened against the US dollar. Asian markets closed mostly higher on Tuesday.
RTTNews | 5 ชม. 3 นาทีที่ผ่านมา