Sensex, Nifty End Little Changed; Metal Stocks Surge

RTTNews | Pred 967 dňami
Sensex, Nifty End Little Changed; Metal Stocks Surge

(RTTNews) - Indian shares ended Monday's session little changed, tracking mixed global cues after robust U.S. jobs data released on Friday stirred anxiety over the pace of future rate increases.

Rallying oil prices also weighed on markets after OPEC+ decided to stick to its policy of lowering oil production.

The benchmark S&P BSE Sensex ended the session down 33.90 points, or 0.05 percent, at 62,834.60 - extending losses for a second straight session.

The broader NSE Nifty index edged up 4.95 points, or 0.03 percent, to close at 18,701.05.

Among the prominent decliners, Britannia Industries, Tech Mahindra, Tata Motors, Reliance Industries and Apollo Hospitals Enterprise fell 1-2 percent.

Metal stocks topped the gainers list after more Chinese cities relaxed some anti-COVID measures and testing mandates over the weekend.

Hindalco surged 4.5 percent while Coal India and Tata Steel climbed 2-3 percent.

ONGC added 2 percent, tracking higher oil prices as the G7 price cap of $60 per barrel and the EU import ban on Russian seaborne crude oil and oil products takes effect today.

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Taiwan Shares May Extend Tuesday's Losses

Taiwan Shares May Extend Tuesday's Losses

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had gained almost 400 points or 1.8 percent. The Taiwan Stock Exchange now sits just above the 23,200-point plateau and it's likely to open under water again on Wednesday.
RTTNews | Pred 16 minútami
Continued Consolidation Called For Hong Kong Shares

Continued Consolidation Called For Hong Kong Shares

The Hong Kong stock market has moved lower in two of three trading days since the end of the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just above the 25,520-point plateau and it may tick lower again on Wednesday.
RTTNews | Pred 31 minútami
Singapore Bourse May Open Under Water On Wednesday

Singapore Bourse May Open Under Water On Wednesday

The Singapore stock market has tracked lower in three straight sessions, sliding more than 40 points or 1 percent along the way. The Straits Times Index now rests just beneath the 4,230-point plateau and it's expected to open under pressure again on Wednesday.
RTTNews | Pred 46 minútami
More Pain Predicted For Malaysia Stock Market

More Pain Predicted For Malaysia Stock Market

The Malaysia stock market has finished lower in three straight sessions, sinking more than 15 points or 1 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,525-point plateau and it may take further damage on Wednesday.
RTTNews | Pred 1 h 16 min
Japan Shares May Take Further Damage On Wednesday

Japan Shares May Take Further Damage On Wednesday

The Japanese stock market has moved lower in three straight sessions, slumping more than 1,150 points or 2.8 percent in that span. The Nikkei 225 now sits just beneath the 41,000-point plateau and it may extend its losses on Wednesday.
RTTNews | Pred 1 h 31 min
Win Streak May End For South Korea Shares

Win Streak May End For South Korea Shares

The South Korea stock market has moved higher in five straight sessions, collecting almost 60 points or 1.9 percent along the way. The KOSPI now sits just above the 3,230-point plateau although it may run out of steam on Tuesday.
RTTNews | Pred 1 h 46 min
Australia Inflation Data Due On Wednesday

Australia Inflation Data Due On Wednesday

Australia will on Wednesday see Q2 figures for consumer prices, highlighting a modest day for Asia-Pacific economic activity. Overall inflation is expected to rise 0.8 percent on quarter and 2.1 percent on year, easing from 0.9 percent on quarter and 2.4 percent on year in the three months prior.
RTTNews | Pred 2 h 46 min
U.S. Dollar Higher Ahead Of Fed Decision

U.S. Dollar Higher Ahead Of Fed Decision

The U.S. dollar was higher against its most major counterparts in the New York session on Tuesday, as investors awaited the Federal Reserve's interest rate decision on Wednesday.
RTTNews | Pred 3 h 0 min