Sensex, Nifty Seen Flat To Higher At Open

RTTNews | 55天前

(RTTNews) - Indian shares look set to open higher on Wednesday as reports suggest that the India-U.S. trade deal is in its final stages of negotiations.

That said, the upside may remain capped, and volatility cannot be ruled out as companies roll out their results for the June quarter and investors await more clarity on U.S. President Donald Trump's tariff policies.

Trump hardened his threat to raise tariffs on certain countries by his July 9 deadline, while Treasury Secretary Scott Bessent signaled there may be some extensions to wrap up major pacts by the Labour Day holiday.

Benchmark indexes Sensex and Nifty ended up around 0.1 percent each on Tuesday after a choppy session.

The rupee gained 25 paise to close at 85.51 against the greenback as policy worries kept the dollar under pressure in the overseas markets.

Asian markets were mixed this morning, with Japan's Nikkei and South Korea's Kospi falling sharply, as Trump escalated trade pressure on Japan with tariff threats over rice and cars.

The U.S. dollar wallowed near the lowest since February 2022 against major peers on concerns about the potential impact of Trump's spending bill, which cleared a critical hurdle and headed back to the House, where the Republicans hold a narrow majority.

Treasuries were steady after yields rose on Tuesday. Gold edged down slightly after climbing 2 percent over the previous two sessions. Oil prices were little changed ahead of an OPEC+ meeting to decide August output.

U.S. stocks ended mixed overnight as the Senate narrowly voted to approve President Donald Trump's massive tax cuts and spending bill and Fed Chair Jerome Powell once again reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering rates.

Two-year Treasury yield rose to a near one-week high.as a measure of U.S. manufacturing activity improved in June and job openings increased unexpectedly in May.

The narrower Dow jumped 0.9 percent to reach its best closing level in over four months, while the S&P 500 slid 0.1 percent for its first loss in four days. The tech-heavy Nasdaq Composite declined 0.8 percent.

European stocks closed broadly lower on Tuesday as investors monitored the European Central Bank's annual forum in Sintra, Portugal.

The pan-European STOXX 600 eased 0.2 percent. The German DAX lost 1 percent and France's CAC 40 finished marginally lower while the U.K.'s FTSE 100 rose 0.3 percent.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

RTTNews | 39分钟前

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

RTTNews | 1小时0分钟前

Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

RTTNews | 1小时31分钟前

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red 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小时11分钟前

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 2小时38分钟前

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to 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 7,925-point plateau although it's looking at a soft start 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小时41分钟前

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 | 2小时56分钟前

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 | 2小时58分钟前

EURUSD	1.16241	GBPUSD	1.34513	AUDUSD	0.64736
USDJPY	147.79	USDCAD	1.386	USDCHF	0.80582