Sensex, Nifty Set For Gap-up Opening

RTTNews | 238天前
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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Canadian Market Marginally Up; Materials Shares Rally

Canadian Market Marginally Up; Materials Shares Rally

The Canadian market is up in positive territory Monday afternoon, lifted by strong gains in the materials sector thanks to higher metal prices. A few stocks from communications, real estate and technology sectors are also notably higher. The mood is cautious with investors looking for news from the trade front.
RTTNews | 3小时2分钟前
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

Save for a brief while around mid morning, the Switzerland market languished in negative territory during the day's trading session on Monday as investors remained reluctant to make significant moves amid a lack of positive news from the trade front.
RTTNews | 3小时24分钟前
U.S. Leading Economic Index Dips Slightly More Than Expected In June

U.S. Leading Economic Index Dips Slightly More Than Expected In June

A report released by the Conference Board on Monday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of June. The Conference Board said its leading economic index declined by 0.3 percent in June following a revised unchanged reading in May.
RTTNews | 6小时46分钟前
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian shares open higher on Monday amid some optimism about a few nations striking trade deals with the U.S. ahead of the August 1 deadline. Firm metal prices are likely to trigger some buying in the materials sector.
RTTNews | 8小时27分钟前
UK Consumer Sentiment Remains Downbeat: S&P Global

UK Consumer Sentiment Remains Downbeat: S&P Global

British households remained pessimistic about economic conditions and their financial wellbeing in July, survey data from S&P Global showed on Monday. The S&P Global consumer sentiment index rose slightly to 45.1 in July from 45.0 in June. However, the score below 50 signals deterioration.
RTTNews | 9小时16分钟前
Yen Rises Amid Political Uncertainty After Japan Election

Yen Rises Amid Political Uncertainty After Japan Election

The Japanese yen strengthened against other major currencies in the European session on Monday, after Japan's ruling coalition lost its majority in the upper house, indicating the outcome was mostly priced in. Meanwhile, investors were prepared for market uncertainty ahead of a deadline on U.S. tariff discussions.
RTTNews | 9小时18分钟前