Sensex, Nifty Halt Seven-day Winning Streak

RTTNews | Pred 615 dňami
Sensex, Nifty Halt Seven-day Winning Streak

(RTTNews) - Indian shares ended Thursday's session modestly lower as investors opted to book some profits after recent sharp gains on strong GDP numbers and BJP's win in assembly elections.

Weak global cues and upcoming RBI meeting also served to keep underlying sentiment cautious.

The three-day meeting of the RBI's rate-setting panel started on Wednesday, with analysts expecting the central bank to hold rates at 6.50 percent for a fifth time at the conclusion of its policy meeting on Friday.

Also, the U.S. Federal Reserve is set to announce its policy outcome next week on December 13.

The benchmark S&P BSE Sensex dropped 132.04 points, or 0.19 percent, to 69,521.69 - snapping a seven-day winning streak.

The broader NSE Nifty index settled 36.55 points, or 0.17 percent, lower at 20,901.15 after ending at a record high for a third consecutive session on Wednesday. Tata Steel, ONGC, Apollo Hospitals Enterprise, Hindustan Unilever and Bharati Airtel fell 1-2 percent in the Nifty pack, while UltraTech Cement, Power Grid Corp and Adani Ports jumped 2-3 percent.

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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, on continued optimism over the outlook for interest rates, with the US Fed widely expected to lower rates by a least a quarter point next month. Asian markets closed mostly higher on Wednesday.
RTTNews | Pred 21 minútami
Thai Stock Market May Tick Higher Again On Thursday

Thai Stock Market May Tick Higher Again On Thursday

The Thai stock market bounced higher again on Wednesday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,275-point plateau and it may add to its gains from the previous session.
RTTNews | Pred 1 h 20 min
Win Streak May Continue For Indonesia Stock Market

Win Streak May Continue For Indonesia Stock Market

The Indonesia stock market has tracked higher in four straight sessions, improving more than 400 points or 5.3 percent along the way. The Jakarta Composite Index now sits just above the 7,890-point plateau and it's expected to open higher again on Thursday.
RTTNews | Pred 1 h 50 min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Thursday, snapping the seven-session winning streak, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 42,900 level, with weakness in index heavyweights, exporters and technology stocks partially offset by gains in financial stocks.
RTTNews | Pred 1 h 55 min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian market is trading notably higher on Thursday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time highs, with gains in mining, energy and financial stocks.
RTTNews | Pred 2 h 16 min
China Stock Market May Challenge 3,700-Point Level

China Stock Market May Challenge 3,700-Point Level

The China stock market has moved higher in three straight sessions, collecting almost 50 points or 1.4 percent along the way. The Shanghai Composite Index now sits just above the 3,680-point plateau and it may extend its gains again on Thursday.
RTTNews | Pred 2 h 21 min
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in five straight sessions, rallying more than 910 points or 3.9 percent along the way. The Taiwan Stock Exchange now sits just above the 24,370-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | Pred 2 h 51 min