Sensex, Nifty End Notably Lower After Oil Price Surge

RTTNews | Pred 702 dňami
Sensex, Nifty End Notably Lower After Oil Price Surge

(RTTNews) - Indian shares ended notably lower on Monday after the dollar climbed and oil prices surged due to escalating geopolitical tensions in the Middle East.

The dollar rose on safe-haven demand and oil prices jumped around 3 percent amid concerns about potential disruptions to global oil supplies after clashes between Israeli and Hamas forces over the weekend raised the risk of a wider Middle East conflict.

Analysts say that there is no immediate threat to oil supplies, but disruptions or escalations in the region can have far-reaching implications for energy markets, global supply chains, and geopolitical dynamics, if the conflict escalates.

Fed rate uncertainty also weighed on markets after stronger-than-expected U.S. jobs data complicated the future path of interest rate rises in the world's biggest economy.

The benchmark S&P BSE Sensex ended the session down 483.24 points, or 0.73 percent, at 65,512.39 while the broader NSE Nifty index settled 141.15 points, or 0.72 percent, at 19,512.35.

Tata Steel, Mahindra & Mahindra, Hero MotoCorp, HDFC Life and Adani Ports fell 2-5 percent in the Nifty pack while HCL Technologies and Dr Reddy's Laboratories both rose about 1 percent.

read more
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian market is maintaining its early losses in mid-market moves on Thursday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to 8,800 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | Pred 19 minútami
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the mixed cues from Wall Street overnight, on increasing optimism the US Fed will lower interest rates a couple of times this year after report showed softer-than-expected US producer price figures, while traders await US consumer inflation data later in the day. Asian markets closed mostly higher on Wednesday.
RTTNews | Pred 45 minútami
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Thursday after reports emerged that the sixth round of talks over an India-United States trade agreement will take place shortly.
RTTNews | Pred 1 h 6 min
Soft Start Expected For Thai Stock Market

Soft Start Expected For Thai Stock Market

The Thai stock market has moved higher in four straight sessions, adding more than 25 points or 2.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,280-point plateau although it's likely to open to the downside on Thursday.
RTTNews | Pred 1 h 42 min
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese market is trading significantly higher on Thursday, extending the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,200 level, with gains in index heavyweights and technology stocks partially offset by weakness in automakers and financial stocks.
RTTNews | Pred 1 h 59 min
Little Movement Seen For Indonesia Stock Market

Little Movement Seen For Indonesia Stock Market

The Indonesia stock market on Wednesday wrote a finish to the three-day losing streak in which it had stumbled almost 260 points or 3.6 percent. The Jakarta Composite Index now rests just beneath the 7,700-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | Pred 2 h 12 min
Win Streak May End For Hong Kong Stock Market

Win Streak May End For Hong Kong Stock Market

The Hong Kong stock market has moved higher in four straight sessions, climbing almost 1,250 points or 4.9 percent along the way. The Hang Seng Index now sits just above the 26,200-point plateau although it may run out of steam on Thursday.
RTTNews | Pred 2 h 27 min
China Stock Market May Spin Its Wheels On Thursday

China Stock Market May Spin Its Wheels On Thursday

The China stock market ticked higher again on Wednesday, one day after ending the two-day winning streak in which it had jumped more than 60 points or 1.6 percent. The Shanghai Composite Index now sits just above the 3,810-point plateau although it may hand back those gains on Thursday.
RTTNews | Pred 2 h 42 min