Sensex, Nifty Decline For Second Day Ahead Of Fed Decision

RTTNews | 663 dias atrás

(RTTNews) - Indian shares ended lower for a second straight session on Wednesday as investors watched the latest developments in the Middle East and awaited the Federal Reserve's rate decision later in the day for direction.

Investors fretted about the escalation of Middle East conflict beyond Gaza after Israeli airstrikes hit a densely populated refugee camp in the Gaza Strip on Tuesday, killing at least 50 Palestinians and a Hamas commander.

Hamas' armed wing al-Qassam Brigades claimed today that Israel's air strikes on the Jabalia refugee camp led to the death of 7 hostages, including three with foreign passports.

Israel prime minister Benjamin Netanyahu said the country's war against Hamas will continue despite "painful losses".

The U.S. central bank is widely expected to leave interest rates unchanged later in the day, but traders will pay close attention to the accompanying statement for clues about the outlook for rates.

Closer home, India's manufacturing growth slowed in October but remained robust despite challenging global economic conditions, survey results from S&P Global showed earlier today.

The benchmark S&P/BSE Sensex ended the session down 283.60 points, or 0.44 percent, at 63,591.33, extending losses for a second straight session. The broader NSE Nifty index fell 90.45 points, or 0.47 percent, to 18,989.15.

Top losers on the Nifty included Adani Enterprises, Coal India, Tata Steel, SBI Life and Adani Ports.

Among those that performed well, BPCL and Sun Pharma climbed 2-3 percent.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 49 minutos atrás

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1 h 10 min atrás

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1 h 41 min atrás

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 h 21 min atrás

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 2 h 49 min atrás

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 h 51 min atrás

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 3 h 6 min atrás

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 3 h 9 min atrás

EURUSD	1.16294	GBPUSD	1.34544	AUDUSD	0.64771
USDJPY	147.767	USDCAD	1.38572	USDCHF	0.80555