Sensex, Nifty Set For Gap-up Opening

RTTNews | 241 gün önce
Sensex, Nifty Set For Gap-up Opening

(RTTNews) - Indian shares may see a gap-up opening on Monday after BJP-led alliance scored significant victory in the Maharashtra state assembly elections, raising expectations for increased government spending to boost domestic demand.

That said, analysts recommend a cautious investment approach in the wake of continuous selling by foreign institutional investors, heightened geopolitical tensions and lingering uncertainty over U.S. President-elect Trump's proposed tariff and trade policies.

Positive cues from Wall Street, Europe and Asia may also boost sentiment while investors will keep a close eye on oil price movements for the possible negative impact on the country's twin deficits.

Oil prices held near two-week highs this morning after gaining around 6 percent last week as heightened tensions between western powers and major oil producers Russia and Iran raised risks of supply disruption.

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Antipodean Currencies Rise As Trade Optimism Prevails

Antipodean Currencies Rise As Trade Optimism Prevails

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the European session on Thursday, after reports emerged that the U.S. and EU are edging closer to a trade deal.
RTTNews | 17 dakika önce
European Economic News Preview: ECB To Hold Key Interest Rates As Tariff Deadline Looms

European Economic News Preview: ECB To Hold Key Interest Rates As Tariff Deadline Looms

The European Central Bank is set to adopt a wait-and-see approach on Thursday ahead of a looming tariff deadline. Markets expect the ECB to hold the deposit facility rate at 2.00 percent after cutting it by a quarter basis points each in every rate-setting session since September. The announcement is due at 8.15 am ET.
RTTNews | 4s 12 dakika önce
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian market is extending early losses in mid-market moves on Thursday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just above the 8,700 level, with weakness in mining stocks and a mixed performance in most other sectors.
RTTNews | 4s 47 dakika önce
Asian Markets A Sea Of Green

Asian Markets A Sea Of Green

Asian stock markets are a sea of green on Thursday, following the broadly positive cues from Wall Street overnight, amid easing concerns about a global tariff war after US President Donald Trump confirmed major trade deals with Japan and the Philippines, which spurred expectations of further trade agreements as the August 1 deadline nears. Asian markets closed mostly higher on Wednesday.
RTTNews | 5s 7 dakika önce