Sensex, Nifty May Struggle For Direction On Mixed Global Cues

RTTNews | 971 दिनों पहले
Sensex, Nifty May Struggle For Direction On Mixed Global Cues

(RTTNews) - Indian shares may struggle for direction on Wednesday, as investors await Fed Chair Jerome Powell's speech at a Brookings Institution event later today for additional clues about his thinking on inflation and interest-rate hikes. Benchmark indexes Sensex and Nifty rose around 0.3 percent each on Tuesday to extend gains for a sixth straight session, while the rupee closed marginally lower at 81.72 per dollar.

Asian markets were trading mixed this morning as investors weighed the latest developments in China.

China's factory activity data missed expectations and Japan and South Korea reported disappointing industrial production figures, putting growth worries back in focus.

A dollar gauge declined, Treasuries were little changed, and gold edged up slightly while oil steadied after two days of gains.

U.S. stocks ended mixed overnight as Chinese health officials defended the country's zero-COVID policy at a press briefing but said lockdowns would be lifted "as quickly as possible".

The Dow ended flat with a positive bias while the S&P 500 slipped 0.2 percent and the tech-heavy Nasdaq Composite shed 0.6 percent to end lower for a third day running.

European stocks also ended a choppy session on a mixed note Tuesday despite positive German inflation and Eurozone economic confidence data.

The pan European STOXX 600 slid 0.1 percent. The German DAX eased 0.2 percent, while France's CAC 40 index finished marginally higher and the U.K.'s FTSE 100 rose half a percent.

read more
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 Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,650.00 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and energy stocks.
RTTNews | 16 मिनटों पहले
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, amid optimism that a number of trade deals will be worked out prior to US President Donald Trump's August 1 deadline after the U.S. and the European Union ratified a trade agreement over the weekend, with 15 percent tariffs on most European exports, including cars.
RTTNews | 45 मिनटों पहले
Sensex, Nifty Set For Muted Start As TCS Announces Layoffs

Sensex, Nifty Set For Muted Start As TCS Announces Layoffs

Indian shares look set to open on a cautious note Monday, with IT stocks likely to be in focus after TCS, India's largest IT services firm, said it would lay off about 2 percent, or 12,261 employees, of its global workforce this year in the wake of global economic uncertainties and artificial intelligence-driven technological changes. Fears over the August 1 U.S. tariff deadline and foreign fund outflows may also weigh on markets as the session progresses.
RTTNews | 1घंटे 8 मिनट पहले
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous session, despite he broadly positive cues from Wall Street on Friday, with the Nikkei 225 falling below the 41,200 level, with weakness across most sectors led by financial and technology stocks.
RTTNews | 2घंटे 12 मिनट पहले
Indonesia Bourse May Extend Winning Streak

Indonesia Bourse May Extend Winning Streak

The Indonesia stock market has moved higher in three straight sessions, advancing more than 190 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,540-point plateau and it may open to the upside again on Monday.
RTTNews | 2घंटे 13 मिनट पहले
Higher Open Predicted For Hong Kong Shares

Higher Open Predicted For Hong Kong Shares

The Hong Kong stock market on Friday ended the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just beneath the 25,390-point plateau although it's likely to open in the green again on Monday.
RTTNews | 2घंटे 28 मिनट पहले
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,700.00 level, with gains in gold miners, financial stocks and technology stocks partially offset by weakness in iron ore miners.
RTTNews | 2घंटे 34 मिनट पहले
China Stock Market May See Renewed Support On Monday

China Stock Market May See Renewed Support On Monday

The China stock market on Friday halted the six-day winning streak in which it had advanced more than 100 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,600-point plateau although it's likely to move back to the upside again on Monday.
RTTNews | 2घंटे 43 मिनट पहले