Indian Shares Likely To Open On Subdued Note

RTTNews | 889 dias atrás

(RTTNews) - Indian shares are likely to open on a somewhat subdued note Tuesday morning amid a lack of any significantly positive lead.

Asian stocks are broadly lower today, continuing to be weighed down by concerns about the slowdown in the world's second largest economy.

The benchmark S&P/BSE Sensex closed at a new record high at 66,589.93 on Monday, gaining 529.03 points or 0.8%. The broader Nifty50 of the National Stock Exchange posted a new closing high as well, settling at 19,711.45 with a gain of 146.95 points or 0.75%.

Stocks rallied on sustained foreign fund inflows on the back of a weaker dollar amid hopes the Fed is nearing the end of its tightening cycle.

In earnings news today, MindTree reported consolidated net profit of Rs 1,151.50 crore for the April - June quarter, an increase of 4% over the year-ago quarter.

IndusInd Bank, ICICI Pru Life and L&T Tech are among the companies scheduled to announce their quarterly results today.

U.S. stocks closed higher overnight as encouraging inflation data added to optimism about the outlook for interest rates ahead of next week's Federal Reserve meeting.

The Dow ended 0.2% up, while the S&P 500 and the Nasdaq climbed 0.4% and 0.9%, respectively. The Nasdaq and the S&P 500, both recorded their best closing levels in over a year.

The major European markets closed weak on Monday, weighed down by weak Chinese GDP data. The U.K.'s FTSE 100 and Germany's DAX ended lower by 0.38% and 0.23%, respectively. France's CAC 40 dropped 1.12%, while the pan European Stoxx 600 drifted down 0.63%.

Canadian Dollar Rises Against U.S. Dollar

The Canadian dollar advanced against the U.S. dollar in the New York session on Monday.

RTTNews | 1 h 48 min atrás

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 2 h 24 min atrás

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 50,400 level, with gains in exporters and financial stocks partially offset by weakness in index heavyweights and technology stocks.

RTTNews | 2 h 29 min atrás

Win Streak May Continue For China Stock Market

The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 2 h 39 min atrás

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.

RTTNews | 2 h 49 min atrás

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 680 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just beneath the 28,150-point plateau and it figures to open to the upside again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 3 h 9 min atrás

Singapore Bourse May Extend Monday's Gains

The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 3 h 39 min atrás

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 4 h 9 min atrás

EURUSD	1.17754	GBPUSD	1.34828	AUDUSD	0.66673
USDJPY	156.327	USDCAD	1.37366	USDCHF	0.79013