Sensex, Nifty Seen Opening Up With Earnings In Focus

RTTNews | Pred 1031 dňami

(RTTNews) - Indian shares look set to open a tad higher on Tuesday, as investors react to the latest earnings results and await the outcome of a two-day policy meeting of the U.S. Federal Reserve that gets underway later today.

The Fed is widely expected to raise interest rate by another 75 basis points - its fourth straight rate hike - to fight soaring inflation.

Traders and investors wait to see what comments the FOMC and Powell make regarding the future path of U.S. monetary policy given a weakening economic backdrop.

On the earnings front, Bharti Airtel, India's second largest telecom operator, posted an 89 percent year-on-year rise in consolidated net profit for the September quarter, while Tata Steel's Q2 profit plummeted 87 percent on flat revenue.

Engineering and Infrastructure conglomerate Larsen & Toubro beat estimates for the September quarter on most parameters led by a 23 percent growth in order inflow.

Benchmark indexes Sensex and Nifty jumped around 1.3 percent each on Monday while the rupee chalked up its tenth monthly decline after slipping versus the dollar.

Asian stocks traded broadly higher this morning and the dollar was firm against the Japanese yen, while oil prices edged up after falling overnight on data showing oil output in the United States climbed to nearly 12 million barrels per day in August, the highest since the onset of the Covid-19 pandemic.

U.S. stocks drifted lower overnight as investors weighed an impending rate hike against solid earnings results.

The Dow dipped 0.4 percent but posted a monthly gain of 14 percent, notching its best month of October on record. The S&P 500 shed 0.8 percent and the tech-heavy Nasdaq Composite gave up 1 percent.

European stocks closed broadly higher on Monday despite weak Eurozone inflation and GDP data. The pan European Stoxx 600 gained 0.4 percent.

The German DAX finished marginally higher and the U.K.'s FTSE 100 added 0.7 percent while France's CAC 40 index slipped 0.1 percent.

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | Pred 45 minútami

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | Pred 1 h 0 min

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | Pred 1 h 31 min

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | Pred 1 h 43 min

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | Pred 1 h 51 min

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.

RTTNews | Pred 2 h 0 min

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | Pred 2 h 8 min

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,935-point plateau and it may add to its winnings on Thursday.

RTTNews | Pred 2 h 30 min

EURUSD	1.16417	GBPUSD	1.35077	AUDUSD	0.65115
USDJPY	147.098	USDCAD	1.37789	USDCHF	0.80141