Sensex, Nifty Marginally Higher In Early Trade; FMCG Stocks Rally

RTTNews | 505 dias atrás
Sensex, Nifty Marginally Higher In Early Trade; FMCG Stocks Rally

(RTTNews) - Indian shares were marginally higher on Tuesday amid optimism that the U.S. Federal Reserve may start cutting interest rates later this year.

The benchmark S&P BSE Sensex was up 18 points at 73,913 in early trade, with the upside capped by signs of escalating tensions in the Middle East. The broader NSE Nifty index was up 14 points at 22,456.

State-run oil marketing firm HPCL rallied 2.7 percent ahead of a board meet on Thursday to consider a bonus issue. Peer BPCL added 1.6 percent.

FMCG stocks traded higher, with Britannia Industries and HUL climbing 2-3 percent. Godrej Consumer Products soared 5.2 percent after posting strong Q4 results.

IIFL Finance surged 6.6 percent despite reports that it is facing liquidity crunch due to curbs on sanctioning, disbursing and selling gold loans.

Dr Reddy's Laboratories rose 0.6 percent while JSW Energy fell 2.2 percent ahead of their earnings results due today.

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Australian Market Doubles Early Losses In Mid-market

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,800 level, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.
RTTNews | 29 minutos atrás
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are mostly lower on Wednesday, following the negative cues from Wall Street overnight, amid rising ambiguity over the outlook for interest rates after US Fed Chair Jerome Powell gave little indication about the future path of interest rates. Renewed trade tensions with the United States and the escalating tensions in Europe and the Middle East are weighing on market sentiment.
RTTNews | 46 minutos atrás
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in five straight sessions, shedding more than 35 points or 2.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it may take further damage again on Wednesday.
RTTNews | 1 h 54 min atrás
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in post-holiday trading on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,450 level, with a lack of direction leading to a mixed performance across most sectors.
RTTNews | 2 h 19 min atrás
Indonesia Stock Market May Be Stuck In Neutral On Wednesday

Indonesia Stock Market May Be Stuck In Neutral On Wednesday

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,125-point plateau although it's due for profit taking on Wednesday.
RTTNews | 2 h 24 min atrás
Lower Open Expected For Hong Kong Stock Market

Lower Open Expected For Hong Kong Stock Market

The Hong Kong stock market has finished lower in two straight sessions, shedding almost 400 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 26,160-point plateau and it's tipped open under pressure again on Wednesday.
RTTNews | 2 h 39 min atrás
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,000 mark, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.
RTTNews | 2 h 48 min atrás