Sensex, Nifty Set For Tepid Start

RTTNews | 825 gün önce

(RTTNews) - Indian shares may open lower on Friday as investors react to mixed global cues and monitor the latest developments in the U.S. debt ceiling negotiations.

Continued FII inflows and a sharp fall in oil prices in the U.S. trading session overnight may help limit overall losses to some extent.

On the earnings front, Vodafone narrowed its Q4 net loss and reported its first annual revenue growth since merger of Vodafone and Idea Cellular in 2018.

Zee Entertainment Enterprises posted consolidated net loss of Rs 196 crore for the quarter ended March 31 as against Rs 182-crore profit a year ago.

Benchmark indexes Sensex and Nifty ended modestly higher on Thursday, after having traded lower for most part of the day on the eve of F&O expiry. The rupee fell by 7 paise to close at 82.75 against the dollar.

Asian stocks traded mixed this morning as House Speaker Kevin McCarthy vowed to work through the holiday weekend to resolve the debt ceiling standoff.

The dollar index held near a two-month high, and gold was tad higher while oil steadied following its biggest decline since early May after Russia downplayed the prospect of further OPEC+ production cuts.

U.S. markets ended broadly higher overnight as a blowout forecast from chipmaker Nvidia offset U.S. debt ceiling and interest-rate worries.

In economic news, Q1 GDP was revised up while weekly jobless claims rose modestly in the week ended May 20th.

The Nasdaq Composite rallied 1.7 percent and the S&P 500 added 0.9 percent while the Dow slipped 0.1 percent.

European stocks fell on Thursday as U.S. debt ceiling worries lingered, and data showed the German economy was in recession in early 2023.

The pan European STOXX 600 dropped 0.3 percent. The German DAX and France's CAC 40 both eased around 0.3 percent while the U.K.'s FTSE 100 shed 0.7 percent.

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 55 dakika önce

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 1s 10 dakika önce

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 1s 41 dakika önce

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | 1s 53 dakika önce

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | 2s 1 dakika önce

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.

RTTNews | 2s 10 dakika önce

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 2s 18 dakika önce

Indonesia Shares Tipped To Open In The Green

The Indonesia stock market has moved higher in two of three trading days since the end of 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 7,935-point plateau and it may add to its winnings on Thursday.

RTTNews | 2s 40 dakika önce

EURUSD	1.16406	GBPUSD	1.3507	AUDUSD	0.65114
USDJPY	147.172	USDCAD	1.37791	USDCHF	0.80151