Sensex, Nifty Seen Tad Higher At Open

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Sensex, Nifty Seen Tad Higher At Open

(RTTNews) - Indian shares look set to open higher on Wednesday, though the upside may remain limited as investors await the release of Federal Reserve minutes from its November policy meeting for fresh clues as to the U.S. central bank's thinking on rates, heading into the last meeting of the calendar year next month.

Benchmark indexes Sensex and Nifty rose around half a percent each on Tuesday to snap a three-session losing streak, while the rupee closed higher at 81.66 per dollar against its previous close of 81.84.

Asian markets traded mixed as China COVID concerns lingered and New Zealand delivered its biggest rate hike ever. Japan's stock market remains closed for a national holiday.

The dollar, gold and oil all held steady ahead of the Thanksgiving holiday in the United States.

U.S stocks rallied overnight, as upbeat earnings from the likes of Best Buy and Abercrombie & Fitch lifted retailers ahead of the holiday shopping season.

The S&P 500 climbed 1.4 percent to close above 4,000 for the first time since September and the Dow added 1.2 percent to reach a three-month closing high, while the tech-heavy Nasdaq Composite surged 1.4 percent.

European stocks hit three-month closing highs on Tuesday despite mixed comments on interest-rate hikes from Fed and ECB policymakers, and renewed concerns over China's tightening of COVID restrictions.

The pan European STOXX 600 gained 0.7 percent. The German DAX edged up 0.3 percent, France's CAC 40 index rose 0.4 percent and the U.K.'s FTSE 100 climbed 1 percent.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming is early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in financial and technology stocks partially offset by some gains in energy stocks.
RTTNews | 1h 45minuter sedan
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the U.S. interest rate decision later in the week and as they await the outcome of the U.S.-China trade talks. Meanwhile, several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.
RTTNews | 1h 52minuter sedan
Thai Shares Likely To Remain Rangebound

Thai Shares Likely To Remain Rangebound

Ahead of Monday's holiday for King Maha's birthday, the Thai stock market had alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,215-point plateau and it's expected to remain in that neighborhood again on Tuesday.
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Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, extending the losses in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling well above the 39,700 level, with weakness across all sectors led by automakers, exporters and financial stocks.
RTTNews | 3h 37minuter sedan
Win Streak May End For Indonesia Stock Market

Win Streak May End For Indonesia Stock Market

The Indonesia stock market has moved higher in four straight sessions, advancing more than 260 points or 2.8 percent along the way. The Jakarta Composite Index now sits just above the 7,610-point plateau although investors are likely to cash in on Tuesday.
RTTNews | 3h 38minuter sedan
Hong Kong Shares Tipped To Open Under Pressure

Hong Kong Shares Tipped To Open Under Pressure

The Hong Kong stock market rebounded on Monday, one session after ending the five-day winning streak in which it had rallied almost 1,300 points or 5.1 percent. The Hang Seng Index now sits just above the 25,560-point plateau although it may hand back those gains on Tuesday.
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