Sensex, Nifty To See Cautious Gains On Muted Global Cues

RTTNews | 784 วันที่ผ่านมา

(RTTNews) - Indian shares may open on a cautious note Tuesday, tracking muted global cues.

Sustained foreign fund inflows and a downtrend in oil prices may help limit the downside to some extent.

Shares of Reliance Industries could be in focus after Reliance Jio launched Jio Bharat Phone, an entry-level 4G feature phone, at Rs. 999.

Benchmark indexes Sensex and Nifty jumped around 0.7 percent each to reach fresh record closing highs on Monday while the rupee hit a high of 81.76, its strongest since May 8, before ending at 81.9575 per dollar.

Asian markets were mostly lower this morning, the safe-haven yen rose slightly, and gold steadied above $1,900 per ounce, while oi traded flat after having fallen about 1 percent in the U.S. trading session overnight on fuel demand concerns.

Overnight, U.S. stocks eked out modest gains amid an abbreviated trading session ahead of the Independence Day holiday.

Higher yields lifted banks and Tesla reported stronger-than-expected quarterly sales, helping offset data showing U.S. manufacturing contracted in June for an eighth straight month.

The Dow edged up marginally, the S&P 500 gained 0.1 percent and the the-heavy Nasdaq Composite rose 0.2 percent.

European stocks reversed course to end lower on Monday after new surveys showed global factory activity slumped in June amid rising interest rates.

The pan European STOXX shed 0.2 percent. The German DAX dropped 0.4 percent, France's CAC 40 slipped 0.2 percent and the U.K.'s FTSE 100 slipped 0.1 percent.

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 23 นาทีที่ผ่านมา

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 25 นาทีที่ผ่านมา

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 38 นาทีที่ผ่านมา

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 1 ชม. 8 นาทีที่ผ่านมา

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1 ชม. 37 นาทีที่ผ่านมา

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 ชม. 7 นาทีที่ผ่านมา

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.

RTTNews | 2 ชม. 23 นาทีที่ผ่านมา

KOSPI May Run Out Of Steam On Tuesday

The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 2 ชม. 38 นาทีที่ผ่านมา

EURUSD	1.16367	GBPUSD	1.34694	AUDUSD	0.64763
USDJPY	147.325	USDCAD	1.38575	USDCHF	0.80452