Sensex, Nifty End Marginally Higher Ahead Of Fed Decision

RTTNews | 34 days ago
Sensex, Nifty End Marginally Higher Ahead Of Fed Decision

(RTTNews) - Indian shares eked out marginal gains in cautious trade on Monday as investors braced for a slew of central bank meetings this week, including the Federal Reserve's upcoming policy meeting on Wednesday.

The size of Fed rate cut is shaping up to be a close call, with some analysts believing that there is a strong case for a 50-basis point reduction.

The benchmark 30-share BSE Sensex ended the session up 97.84 points, or 0.12 percent, at 82,988.78 while the broader NSE Nifty index closed at 25,383.75, up 27.25 points, or 0.11 percent, from its previous close.

NTPC topped the gainers list to rally 2.6 percent while Larsen & Toubro, Shriram Finance, Hindalco and JSW Steel climbed 1-2 percent.

On the flip side, Britannia Industries, SBI Life, Bajaj FinServ, Hindustan Unilever and Bajaj Finance dropped 1-3 percent.

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Overbought Jakarta Market Nonetheless Called Higher Again On Monday

Overbought Jakarta Market Nonetheless Called Higher Again On Monday

The Indonesia stock market has tracked higher in six straight sessions, climbing more than 275 points or 3.7 percent along the way. The Jakarta Composite Index now rests just above the 7,760-point plateau and it's got a firm lead again for Monday's trade.
RTTNews | 4h 17min ago
Hong Kong Stock Market Tipped To Open In The Green

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market on Friday halted the four-day losing streak in which it had stumbled almost 1,100 points or 5.2 percent. The Hang Seng Index now sits just above the 20,800-point plateau and it may see additional support on Monday.
RTTNews | 4h 32min ago
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is currently trading notably higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,300.00 level, with gains across most sectors led by gold miner stock and technology stocks.
RTTNews | 4h 34min ago
Continued Volatility Likely For China Stock Market

Continued Volatility Likely For China Stock Market

The China stock market has alternated between positive and negative finishes through the last eight trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,260-point plateau and it's expected to at least open to the upside again on Monday.
RTTNews | 4h 47min ago
Taiwan Stock Market May Extend Its Gains

Taiwan Stock Market May Extend Its Gains

The Taiwan stock market has climbed higher in two straight sessions, advancing more than 475 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,490-point plateau and it's tipped to open in the green again on Monday.
RTTNews | 5h 17min ago
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has finished higher in consecutive trading days, advancing almost 50 points or 1.4 percent along the way. The Straits Times Index now sits just above the 3,640-point plateau and it may add to its winnings on Monday.
RTTNews | 5h 47min ago
Malaysia Stock Market May See Additional Support On Monday

Malaysia Stock Market May See Additional Support On Monday

The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,645-point plateau and it may extend its gains on Monday.
RTTNews | 6h 17min ago
KOSPI Tipped To End Losing Streak On Monday

KOSPI Tipped To End Losing Streak On Monday

The South Korea stock market has moved lower in three straight sessions, shedding almost 40 points or 1.6 percent along the way. The KOSPI now sits just above the 2,590-point plateau although it may stop the bleeding on Monday,
RTTNews | 6h 47min ago