Sensex, Nifty Seen Opening Higher On Firm Global Cues

RTTNews | 998 gün önce

(RTTNews) - Indian shares look set to open higher on Friday, tracking gains in global markets.

Trading volumes are likely to remain thin due to lesser participation from foreign investors as the year draws to a close.

The Indian economy is confronting strong global headwinds, which could act as a drag on its recovery, the RBI said in the Financial Stability Report.

At the same time, the report stressed that lenders were well capitalized and capable of absorbing macroeconomic shocks even in the absence of capital infusion by the stakeholders.

Separate data released by the RBI showed that India's current account deficit widened to 4.4 percent of GDP in Q2.

Benchmark indexes Sensex and Nifty recovered from an early slide to end modestly higher on Thursday and the rupee eked out slim gains as the dollar flatlined and oil prices eased on fuel demand concerns.

Asian stocks followed Wall Street higher this morning, even as overall gains remained capped outside Hong Kong amid worries that a new COVID variant could emerge in China as the virus spreads widely and rapidly.

U.S. health officials and the World Health Organization (WHO) have called on China to share more information on the spread of COVID in the country, saying the lack of transparency could delay the identification of new COVID variants that pose a threat to public health.

Gold edged higher as the latest U.S. labor market data led to some dollar weakness and Treasury yields backing off.

Oil edged up slightly after a three-day run of declines as more countries announce restrictions on Chinese travelers.

U.S. stocks rallied overnight as investors sought to snap up bargains in the tech sector, looking past worries that new variants could emerge from China's continuing COVID outbreak.

Investors also digested data showing that jobless claims rose slightly in the week ended December 24 but held near historic lows.

The tech-heavy Nasdaq Composite index surged 2.6 percent, the S&P 500 climbed 1.8 percent and the Dow added 1.1 percent.

European stocks reversed course to end higher on Thursday, tracking the broad-based rally on Wall Street on the penultimate trading day of the year.

The pan European STOXX 600 rose 0.7 percent. The German DAX gained 1.1 percent, France's CAC 40 index advanced 1 percent and the U.K.'s FTSE 100 edged up 0.2 percent.

European Shares Seen Flat To Higher At Open

European stocks are seen opening broadly higher on Tuesday, even as the upside may remain capped amid ongoing volatility in the bond markets due to political uncertainty in France and Germany's plans to ramp up debt issuance.

RTTNews | 3s 14 dakika önce

European Economic News Preview: Eurozone Flash PMI Data Due

Flash composite purchasing managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 3.15 am ET, France's flash composite PMI survey results are due. The composite output index is forecast to edge up to 49.9 in September from 49.8 in the previous month.

RTTNews | 3s 30 dakika önce

Sensex, Nifty Extend Losses In Cautious Trade

Indian shares were a tad lower on Tuesday, with tariff worries and escalating tensions in Europe and the Middle East keeping investors on edge.

RTTNews | 4s 9 dakika önce

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains across most sectors led by mining and technology shares.

RTTNews | 5s 18 dakika önce

Asian Markets Mixed Amid Cautious Trades

Asian markets are trading mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain optimistic about the outlook for the markets amid expectations of further interest rate cuts by the US Fed. Some traders are also looking to cash in on the recent strength in the markets. However, escalating tensions in Europe and the Middle East are weighing on market sentiment.

RTTNews | 5s 43 dakika önce

Sensex, Nifty Seen Lower At Open

Indian shares look set to open on a weak note on Tuesday as investors keep a close eye on ongoing trade talks with the U.S. as well as escalating tensions in Europe and the Middle East, with EU targeting Russian supplies and Ukraine intensifying its attacks on Russian energy infrastructure.

RTTNews | 6s 14 dakika önce

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in four straight sessions, shedding more than 25 points or 1.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,280-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets continued to be mildly positive on optimism over the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The SET finished modestly lower on Monday following losses from the food, finance, industrial, property, resource, service and technology sectors. For the day, the index lost 10.18 points or 0.79 percent to finish at the daily low of 1,282.54 after peaking at 1,296.42. Volume was 8.171 billion shares worth 31.595 billion baht. There were 356 decliners and 128 gainers, with 167 stocks finishing unchanged. Among the actives, Advanced Info lost 0.68 percent, while Thailand Airport crashed 0.64 percent, Asset World sank 0.83 percent, Banpu plunged 2.48 percent, Bangkok Bank collected 0.68 percent, Bangkok Expressway eased 0.97 percent, BTS Group gave up 1.24 percent, CP All Public dipped 0.52 percent, Charoen Pokphand Foods dropped 0.86 percent, Energy Absolute declined 1.64 percent, Gulf weakened 1.63 percent, Kasikornbank and PTT Global Chemical both slumped 0.91 percent, Krung Thai Bank skidded 0.99 percent, Krung Thai Card retreated 1.64 percent, PTT Oil & Retail fell 0.72 percent, PTT slid 0.75 percent, PTT Exploration and Production was down 0.87 percent, SCG Packaging tanked 2.69 percent, Siam Commercial Bank added 0.40 percent, Siam Concrete tumbled 1.77 percent, Thai Oil plummeted 2.70 percent, True Corporation contracted 0.93 percent, TTB Bank shed 0.53 percent and B. Grimm and Bangkok Dusit Medical were unchanged.

RTTNews | 6s 45 dakika önce

Indonesia Bourse Likely To Remain Rangebound

The Indonesia stock market has finished lower in two of three trading days since the end of the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index sits just above the 8,040-point plateau and it figures to hold steady in that neighborhood again on Tuesday. The global forecast for the Asian markets continued to be mildly positive on optimism over the outlook for interest rates. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference. The JCI finished slightly lower on Monday as losses from the financial shares and telecoms were mitigated by support from the resource and cement companies. For the day, the index dipped 11.08 points or 0.14 percent to finish at 8,040.04 after trading between 8,005.35 and 8,087.93. Among the actives, Bank CIMB Niaga fell 0.29 percent, while Bank Mandiri advanced 0.91 percent, Bank Danamon Indonesia collected 0.85 percent, Bank Negara Indonesia retreated 1.41 percent, Bank Central Asia and Astra Agro Lestari both dropped 0.96 percent, Bank Rakyat Indonesia tanked 2.12 percent, Indosat Ooredoo Hutchison retreated 1.59 percent, Indocement improved 0.72 percent, Semen Indonesia strengthened 1.39 percent, Indofood Sukses Makmur rose 0.32 percent, Astra International shed 0.44 percent, Energi Mega Persada surged 7.14 percent, Aneka Tambang rallied 3.77 percent, Vale Indonesia soared 3.71 percent, Timah spiked 5.00 percent, Bumi Resources skyrocketed 6.14 percent and United Tractors was unchanged.

RTTNews | 7s 15 dakika önce

EURUSD	1.18009	GBPUSD	1.3497	AUDUSD	0.65993
USDJPY	147.615	USDCAD	1.38346	USDCHF	0.79201