Sensex, Nifty Snap Three-day Losing Streak

RTTNews | 21小时35分钟前

(RTTNews) - Indian shares closed higher on Monday to snap a three-day losing streak after the U.S. Senate voted 60-40 to end the longest-running government shutdown, which entered its 40th day on Sunday.

The bipartisan legislation, which would fund most federal agencies through January and guarantee back pay for federal employees affected by the closure, would now go to the House of Representatives for consideration.

A weaker dollar in international markets on rising Fed rate cut bets and signs of easing producer deflation in China also helped underpin investor sentiment.

The benchmark BSE Sensex hit an intraday of 83,754.49 before paring gains to end up 319.07 points, or 0.38 percent, at 83,535.35.

The broader NSE Nifty index settled 82.05 points, or 0.32 percent, higher at 25,574.35, after having hit a high of 25,653.45 earlier, tracking firm cues from global markets.

The BSE mid-cap index gained 0.6 percent, but the small-cap index dipped 0.3 percent. The market breadth was weak on the BSE, with 2,371 shares declining while 1,966 shares rose and 176 shares closed unchanged.

Infosys, TMPV, Asian Paints, Bajaj Finance, HCL Technologies and Infosys rose 1-2 percent while Trent plunged 7.4 percent after Q2 results showed the slowest revenue growth since 2021.

Mahindra & Mahindra, UltraTech Cement, Power Grid Corp and Eternal all fell around 1 percent.

Shares of eyewear retailer Lenskart fell 11 percent in early trade on their debut before recovering those losses to end marginally higher above the issue price of Rs. 402 a share.

Globally, Asian and European markets edged higher on optimism that an end to the historic U.S. government shutdown could be in sight.

Gold prices rose nearly 2 percent to hit a two-week high as signs of a weakening U.S. economy fueled rate cut bets.

Oil also traded higher on optimism that a deal to reopen the U.S. government would help lift demand in the world's top oil consumer.

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are the major economic reports due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK labor market statistics. The jobless rate is forecast to rise to 4.9 percent in the three months to September from 4.8 percent in the preceding period.

RTTNews | 1小时15分钟前

European Shares Seen Higher As US Senate Passes Bill To End Shutdown

European stocks are seen opening on a positive note Tuesday after the U.S. Senate passed the funding bill to end the longest-running government shutdown in history.

RTTNews | 2小时24分钟前

Sensex, Nifty Modestly Lower In Cautious Trade

Indian shares were a tad lower on Tuesday despite firm cues from global markets and comments from U.S. President Donald Trump that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.

RTTNews | 3小时34分钟前

Australian Market Slips To Losses In Mid-market

The Australian stock market is slipping in to the red in mid-market trading on Tuesday after early gains, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.

RTTNews | 4小时37分钟前

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react to further progress made towards ending the US government shutdown, with the US Senate commencing a series of votes on a package to reopen the government and end the longest shutdown on record. Asian markets closed mostly higher on Monday.

RTTNews | 4小时57分钟前

Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Indian shares look set to open on a positive note Tuesday after U.S. President Donald Trump indicated he would reduce the tariff rate on Indian goods "at some point," and that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.

RTTNews | 5小时29分钟前

Thai Shares Expected To Open To The Upside On Tuesday

The Thai stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,305-point plateau and it's called higher again on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.

RTTNews | 6小时0分钟前

Rebound Tipped For Indonesia Stock Market

The Indonesia stock market on Monday snapped the three-day winning streak in which it had gained almost 160 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,390-point plateau although it's expected to see renewed support on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead. The JCI finished slightly lower on Monday as losses from the financials and telecoms were mitigated by support from the resource stocks and a mixed picture from the cement companies. For the day, the index eased 3.35 points or 0.04 percent to finish at the daily low of 8,391.24 after peaking at 8,478.15. Among the actives, Bank CIMB Niaga shed 0.57 percent, while Bank Mandiri fell 0.42 percent, Bank Danamon Indonesia collected 0.40 percent, Bank Negara Indonesia tumbled 1.78 percent, Bank Central Asia skidded 1.15 percent, Bank Rakyat Indonesia slumped 1.26 percent, Indosat Ooredoo Hutchison plunged 3.72 percent, Indocement improved 0.78 percent, Semen Indonesia plummeted 4.17 percent, Indofood Sukses Makmur slipped 0.35 percent, United Tractors rallied 1.36 percent, Energi Mega Persada surged 4.60 percent, Astra Agro Lestari dropped 0.96 percent, Aneka Tambang rose 0.34 percent, Vale Indonesia eased 0.22 percent, Timah soared 6.85 percent, Bumi Resources spiked 6.38 percent and Astra International was unchanged. The lead from Wall Street is solid as the major averages opened higher on Monday and largely spent most of the sessions firmly in positive territory.

RTTNews | 6小时30分钟前

EURUSD	1.15504	GBPUSD	1.31271	AUDUSD	0.65174
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