Sensex, Nifty Seen Higher At Open As Oil Prices Tumble

RTTNews | 582 dni temu
Sensex, Nifty Seen Higher At Open As Oil Prices Tumble

(RTTNews) - Indian shares may open a tad higher on Wednesday after oil prices fell sharply overnight to hit over three-month lows on demand concerns, signs of higher supply and easing Middle East tensions.

The fall in crude prices may ease investor concerns about headline inflation amid recent concerns about the outlook for commodity prices.

Meanwhile, Israel said Tuesday that its ground forces were battling Hamas fighters deep inside Gaza's largest city, signaling a major new stage in the month-old conflict.

Benchmark indexes Sensex and Nifty recouped early losses to finish marginally lower on Tuesday after three days of gains.

The rupee fell by 5 paise to close at 83.26 against the dollar due to sustained foreign fund outflows.

Asian markets were seeing modest losses this morning after hawkish comments from Fed officials and ahead of Chair Jerome Powell's speech.

The dollar regained its footing and gold was little changed while oil extended losses after falling more than 4 percent on Tuesday to their lowest since late July.

U.S. stocks ended higher overnight as long-term Treasury yields fell after a solid auction of $48 billion in 3-year notes and ahead of auctions of the 10-year note and 30-year bond due later this week.

The tech-heavy Nasdaq Composite climbed 0.9 percent and the S&P 500 rose 0.3 percent to post their longest streak of gains in two years while the Dow edged up 0.2 percent to log a seventh straight day of gains.

European stocks fell on Tuesday as growth worries returned to the fore. The pan European STOXX 600 slid 0.2 percent.

The German DAX inched up 0.1 percent, while France's CAC 40 slipped 0.4 percent and the U.K.'s FTSE 100 eased 0.1 percent.

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Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
RTTNews | 13 minut temu
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the three-day winning streak in which it had gained almost 190 points or 2.7 percent. The Jakarta Composite Index now rests just above the 7,220-point plateau and the losses may accelerate on Thursday.
RTTNews | 21 minut temu
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
RTTNews | 33 minut temu
Hong Kong Bourse May Hand Back Wednesday's Gains

Hong Kong Bourse May Hand Back Wednesday's Gains

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,360-point plateau and it's likely to remain rangebound on Thursday.
RTTNews | 36 minut temu
Lower Open Anticipated For Taiwan Stock Market

Lower Open Anticipated For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, accelerating more than 810 points or 3.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,470-point plateau although it's expected to open under water on Thursday.
RTTNews | 1g 21 minut temu
Continued Consolidation Called For Singapore Shares

Continued Consolidation Called For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
RTTNews | 1g 51 minut temu
Renewed Selling Pressure Expected For Malaysia Shares

Renewed Selling Pressure Expected For Malaysia Shares

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it's likely to head south again on Thursday.
RTTNews | 2g 21 minut temu
Japan Stock Market May Run Out Of Steam On Thursday

Japan Stock Market May Run Out Of Steam On Thursday

The Japan stock market has finished higher in four straight sessions, climbing more than 860 points or 2.5 percent along the way. The Nikkei 225 now sits just above the 38,420-point plateau although it's due for consolidation on Thursday.
RTTNews | 2g 36 minut temu