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Sensex, Nifty End Flat After Volatility Amid Weak Global Cues

RTTNews | 679 dagar sedan

Sensex, Nifty End Flat After Volatility Amid Weak Global Cues

(RTTNews) - Indian shares ended little changed on Tuesday despite weak cues from global markets.

Global sentiment was fragile, the dollar index hit a 10-month high against a basket of major rivals and the 10-year U.S. Treasury yield topped 4.5 percent amid bets that borrowing costs in the U.S. and Europe will remain higher for longer.

Higher oil prices, hawkish messages from Fed officials, growing concerns about the health of China's property sector and worries over a possible U.S. government shutdown also kept investors on tenterhooks.

The benchmark S&P BSE Sensex ended the session down 78.22 points, or 0.12 percent, at 65,945.47 while the broader NSE Nifty index settled 9.85 points, or 0.05 percent, at 19,664.70.

Asian Paints, Adani Enterprises, IndusInd Bank, Tech Mahindra and Cipla all fell around 1 percent in the Nifty pack, while automakers Bajaj Auto, Hero MotoCorp and Eicher Motor climbed 1-3 percent ahead of the upcoming festive season.

Vodafone Idea jumped 7.5 percent after denying rumors of a potential acquisition of the company.

Voltamp Transformers slumped 5.4 percent after a block deal.

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Singapore Stock Market May Spin Its Wheels On Wednesday

Singapore Stock Market May Spin Its Wheels On Wednesday

The Singapore stock market has climbed higher in two straight sessions, gathering more than 50 points or 1.2 percent along the way. The Straits Times Index now sits just beneath the 4,210-point plateau although it may be stuck in neutral on Wednesday.

RTTNews | 20 minuter sedan

Malaysia Bourse May Hand Back Tuesday's Gains

Malaysia Bourse May Hand Back Tuesday's Gains

The Malaysia stock market has alternated between positive and negative finishes through the last five trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it's likely to remain rangebound again on Wednesday.

RTTNews | 50 minuter sedan

Japan Shares May Turn Lower Again On Wednesday

Japan Shares May Turn Lower Again On Wednesday

The Japan stock market on Tuesday wrote a finish to the two-day slide in which it had tumbled almost 780 points or 1.8 percent. The Nikkei 225 now sits just shy of the 40,550-point plateau although it may head south again on Wednesday.

RTTNews | 1h 5minuter sedan

South Korea Shares May Be Stuck In Neutral

South Korea Shares May Be Stuck In Neutral

The South Korea stock market has moved higher in back-to-back sessions, advancing almost 80 points or 2.7 percent along the way. The KOSPI now sits just shy of the 3,200-point plateau although the rally may stall on Wednesday.

RTTNews | 1h 20minuter sedan

New Zealand Unemployment Data Due On Wednesday

New Zealand Unemployment Data Due On Wednesday

New Zealand will on Wednesday release Q2 figures for unemployment, highlighting a modest day for Asia-Pacific economic activity. The jobless rate is expected to tick up to 5.3 percent from 5.1 percent following a 0.1 percent loss in employment.

RTTNews | 2h 20minuter sedan

U.S. Dollar Declines Amid Soft ISM PMI Data

U.S. Dollar Declines Amid Soft ISM PMI Data

The U.S. dollar dropped against its most major counterparts in the New York session on Tuesday amid soft ISM services PMI data for July.

RTTNews | 3h 1minuter sedan

TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes

TSX Up More Than 2% On All-round Buying As Investors Bet On Fed Rate Cut Hopes

The Canadian market is up sharply on Tuesday with traders picking up stocks across the board, betting on hopes of an interest rate cut by the Federal Reserve next month.

RTTNews | 6h 20minuter sedan

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's trading session, with investors mostly reacting to the latest quarterly performance of big name companies.

RTTNews | 6h 53minuter sedan

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