Sensex, Nifty End Higher Ahead Of Fed Decision

RTTNews | 1天前

(RTTNews) - Indian shares eked out modest gains on Wednesday ahead of a Federal Reserve interest-rate cut expected later in the day.

Trade deal optimism prevailed after U.S. President Donald Trump signaled the long-awaited U.S.-India trade deal is coming soon, hinting at tariff cuts and easing tensions over Russian oil imports.

Investor attention was also focused on upcoming earnings from U.S, mega tech companies and Thursday's Trump-Xi meeting.

"I think we're going to have a great meeting with President Xi of China, and a lot of problems are going to be solved," Trump said en route to South Korea where he is due to meet with his counterpart Xi.

According to the Wall Street Journal, the leaders may discuss a proposed trade framework that could see Washington reduce tariffs on Chinese goods in exchange for Beijing's commitment to curb exports of fentanyl precursor chemicals.

The benchmark BSE Sensex rose by 368.97 points, or 0.44 percent, to 84,997.13 while the broader NSE Nifty index settled up 117.70 points, or 0.45 percent, at 26,053.90.

The mid-cap and the small-cap indexes on the BSE gained 0.7 percent and 0.6 percent, respectively.

The market breadth was strong on the BSE, with 2,495 shares rising while 1,657 shares declined and 173 shares closed unchanged.

Among the top gainers, Sun Pharma, Tata Steel, HCL Technologies, Power Grid Corp, NTPC and Adani Ports climbed 2-3 percent.

Globally, Asian markets ended mostly higher as tech stocks surged on optimism over artificial intelligence boom.

European stocks were mixed in early trade as investors digested a flurry of earnings reports and waited for earnings from mega cap U.S. technology companies.

Gold prices rebounded, climbing over 1 percent following a three-day selloff after at least 100 people were killed in strikes across Gaza, including at least 35 children.

The dollar rose from a one-week low versus major peers, while oil extended losses for a fourth day running as investors weighed the impact of potential OPEC+ plan to raise output on global supply.

Sensex, Nifty Modestly Higher In Early Trade

Indian shares were slightly higher on Friday despite mixed cues from global markets. The benchmark BSE Sensex was up 180 points, or 0.2 percent, at 84,583 in early trade, while the broader NSE Nifty index edged up by 38 points, or 0.2 percent, to 25,915.

RTTNews | 31分钟前

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market moves on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with strong gains in gold miner stocks partially offset by weakness in technology stocks.

RTTNews | 1小时30分钟前

Asian Markets Trade Mixed

Asian markets are trading mixed on Friday, following the negative cues from Wall Street overnight, amid renewed uncertainty about the outlook for interest rates after Fed Chair Jerome Powell said a further reduction in rates in December is "not a foregone conclusion. Positive developments out of US President Donald Trump's meeting with Chinese President Xi Jinping is aiding market sentiment.

RTTNews | 1小时36分钟前

Sensex, Nifty Likely To Open On Cautious Note

Indian shares are seen opening on a cautious note Friday, tracking mixed cues from global markets.

RTTNews | 2小时29分钟前

Japanese Market Sharply Higher

Extending the gains in the previous two sessions, the Japanese market is sharply higher on Friday, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 52,200 level to fresh all-time highs, with gains in index heavyweights, exporters and technology stocks partially offset by weakness in automakers and financial stocks.

RTTNews | 3小时22分钟前

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains in gold miners and financial stocks.

RTTNews | 3小时56分钟前

U.S. Dollar Advances Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.

RTTNews | 6小时22分钟前

Swiss Market Settles Slightly Down

The Switzerland market ended slightly down on Thursday, after languishing in the red almost right through the day's session, with investors reacting to corporate earnings updates, and a report showing signs of an improved outlook in the Swiss economy.

RTTNews | 10小时17分钟前

EURUSD	1.15719	GBPUSD	1.31565	AUDUSD	0.6549
USDJPY	153.94	USDCAD	1.39871	USDCHF	0.80174