Sensex, Nifty Seen Higher At Open

RTTNews | Pred 224 dňami
Sensex, Nifty Seen Higher At Open

(RTTNews) - Indian shares are seen opening on a positive note Friday as investors await the release of the Economic Survey 2025 in Parliament.

The upside, however, may remain capped in the wake of U.S. President Donald Trump's reaffirmation of the tariff threat and amid caution ahead of the Union Budget this weekend and next week's MPC meeting.

Benchmark indexes Sensex and Nifty eked out modest gains on Thursday to end higher for a third straight session.

The rupee fell by 9 paise to close at 86.64 against the U.S. dollar amid continued foreign fund outflows.

According to provisional data from the National Stock Exchange, foreign portfolio investors stayed net sellers of Indian equities for the 20th straight session on Thursday and offloaded shares worth Rs 4,583 crore.

Asian stocks were broadly higher this morning, with Hong Kong and Chinese markets closed for the Lunar New Year holiday.

Treasuries held steady after ending Thursday's session little changed.

Gold has reached a new record level at $2,800 per ounce amid Trump's tariff threats on Canada, Mexico and China.

Trump also threatened 100 percent tariffs on BRICS member countries if they attempt to create a new BRICS currency or back any other currency to replace the U.S. dollar.

Oil prices edged higher as investors await OPEC's response to Trump's recent call for increased production.

U.S. stocks fluctuated before ending higher overnight as investors reacted to broadly positive earnings from tech companies, upbeat comments from Tesla and President Trump's renewed pledges to slap 25 percent tariffs on imports from Canada and Mexico on Feb. 1.

In economic news, U.S. GDP grew by 2.3 percent in Q4 2024 after expanding by 3.1 percent in Q3, while jobless claims declined more than expected last week, separate reports showed.

The Dow edged up by 0.4 percent, nearing the record closing high set in early December. The S&P 500 gained half a percent and the tech-heavy Nasdaq Composite added 0.3 percent.

European stocks closed higher on Thursday as the ECB delivered a widely expected 25-basis point interest-rate cut and guided for a further reduction in March due to concerns about economic growth.

The pan European STOXX 600 jumped 0.9 percent. The German DAX rose 0.4 percent, France's CAC 40 climbed 0.9 percent and the U.K.'s FTSE 100 rallied 1 percent.

read more
Sensex, Nifty Open Higher On Trade Deal Hopes

Sensex, Nifty Open Higher On Trade Deal Hopes

Indian shares opened on a positive note Friday after Sergio Gor, a close Trump aide and director of the White House Presidential Personnel Office, said that despite recent disagreements over tariffs and India's purchases of Russian oil, the U.S.-India relationship continues to be "warm and strategically important."
RTTNews | Pred 22 minútami
European Economic News Preview: UK GDP & Foreign Trade Data Due

European Economic News Preview: UK GDP & Foreign Trade Data Due

GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and external trade figures. The British economy is expected to stagnate in July after rising 0.4 percent in June.
RTTNews | Pred 23 minútami
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Friday, 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, with gains across most sectors led by mining and technology stocks. Energy stocks were the only weak spot.
RTTNews | Pred 1 h 46 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a US Fed rate cut at next week's meeting. Asian markets ended mixed on Thursday.
RTTNews | Pred 2 h 10 min
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved higher in five straight sessions, adding more than 35 points or 2.9 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,290-point plateau and it's expected to extend its gains on Friday.
RTTNews | Pred 3 h 10 min
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in consecutive trading days, advancing almost 120 points or 1.5 percent in that span. The Jakarta Composite Index now rests just beneath the 7,750-point plateau and it's likely to open to the upside again on Friday.
RTTNews | Pred 3 h 40 min
Japanese Market Notably Higher

Japanese Market Notably Higher

Extending the gains in the previous two sessions, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 44,600 level, with gains in automakers, financial and technology stocks.
RTTNews | Pred 3 h 48 min