Sensex, Nifty Likely To Drift Lower In Cautious Trade

RTTNews | 212 dagar sedan

(RTTNews) - Indian shares look set to open a tad lower on Monday after declining for three straight weeks in a row.

A cautious undertone may prevail due to continued foreign fund flows, tariff uncertainties and concerns over slowing corporate earnings growth.

The next batch of Q3 earnings, expectations surrounding upcoming Budget, the monthly F&O expiry and caution ahead of the U.S. Federal Reserve's interest-rate decision may sway markets as the week progresses.

Asian markets traded mixed this morning, giving up some early gains after the release of disappointing Chinese industrial profits, manufacturing and non-manufacturing data.

The dollar gained after U.S. President Donald Trump imposed tariffs and sanctions on Colombia for impeding his immigration goals. Gold ticked lower on dollar strength.

Oil prices fell over 1 percent after Trump on Friday reiterated his call for OPEC to cut oil prices to hut hurt oil-rich Russia's finances and help bring an end to the war in Ukraine.

U.S. stocks ended lower on Friday but notched back-to-back weekly gains on optimism over Trump's pro-business policies and his calls for lower interest rates and oil prices.

In economic releases, U.S. consumer sentiment declined in January for the first time in six months while existing home sales rose to a 10-month high in December, separate reports revealed.

The S&P 500 ended 0.3 percent lower after hitting a new record earlier in the session. The Dow also dipped 0.3 percent while the tech-heavy Nasdaq Composite shed half a percent.

European stocks ended on a flat note Friday, failing to hold early gains. The pan European STOXX 600 finished marginally lower.

The German DAX ended flat with a negative bias and the U.K.'s FTSE 100 gave up 0.7 percent while France's CAC 40 rose by 0.4 percent.

Australia Inflation Accelerates To 1-Year High

Australia's consumer price inflation accelerated more than expected to a one-year high in July, indicating a more gradual approach to monetary policy easing. The CPI indicator advanced 2.8 percent year-on-year in July, following June's 1.9 percent rise, the Australian Bureau of Statistics reported. This was the strongest since July 2024.

RTTNews | 52 minuter sedan

European Economic News Preview: German GfK Consumer Confidence Due

Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.

RTTNews | 1h 27minuter sedan

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.

RTTNews | 2h 17minuter sedan

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.

RTTNews | 2h 20minuter sedan

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.

RTTNews | 3h 47minuter sedan

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.

RTTNews | 4h 6minuter sedan

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping 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 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.

RTTNews | 4h 17minuter sedan

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.

RTTNews | 4h 23minuter sedan

EURUSD	1.16186	GBPUSD	1.3455	AUDUSD	0.64866
USDJPY	147.827	USDCAD	1.38407	USDCHF	0.80505