Sensex, Nifty Seen Higher At Open

RTTNews | 86 days ago
Sensex, Nifty Seen Higher At Open

(RTTNews) - Indian shares may open on a firm note Tuesday, mirroring positive cues from global markets.

That said, caution ahead of the Q3 earnings season and worries about the HMP Virus outbreak may lead to volatility as the session progresses.

Various states, including the governments of Karnataka, Gujarat, and Maharashtra, have issued an advisory and assured people that there was no cause for alarm. Benchmark indexes Sensex and Nifty tumbled around 1.6 percent each on Monday, with selling seen across the board as a stronger dollar and elevated U.S. bond yields added to concerns over continued foreign fund outflows.

The rupee closed at its weakest for the 10th consecutive trading day at 85.83 per dollar, despite RBI intervention.

Asian stocks were mostly higher this morning after a rally in technology shares boosted Wall Street's main indexes overnight.

The dollar index edged higher in Asian trade, after having fell as much as 1 percent during intraday trading on Monday.

Treasuries were little changed after the yield on the 30-year note climbed to the highest in more than a year on Monday.

Oil steadied after its first drop in six sessions while gold ticked higher as investors awaited more U.S. economic data this week for additional clues on the Fed's rate trajectory.

Trade tensions were back in focus after the United States has placed Tencent Holdings Ltd. and Contemporary Amperex Technology Co. Ltd. on a blacklist due to alleged links to the Chinese military.

U.S. stocks rose broadly overnight, the dollar dropped and yields on long-term Treasury securities edged higher as Foxconn reported record fourth-quarter revenue and President-elect Donald Trump called reports about him considering scaling back his tariff plans, "fake news."

The tech-heavy Nasdaq Composite climbed 1.2 percent and the S&P 500 gained 0.6 percent while the narrower Dow finished marginally lower.

European stocks rose the most in over a month on Monday after reports emerged that the incoming Trump administration may explore softer-than-expected tariffs.

The pan European STOXX 600 advanced 1 percent. The German DAX rallied 1.6 percent, France's CAC 40 surged 2.2 percent and the U.K.'s FTSE 100 added 0.3 percent.

read more
Sensex, Nifty Open Lower; IT And Auto Stocks Drag

Sensex, Nifty Open Lower; IT And Auto Stocks Drag

Indian shares were slightly lower on Thursday after U.S. President Donald Trump announced 26 percent reciprocal tariff on India - half the rate India imposes on U.S. imports, leaving some room for negotiation.
RTTNews | 4h 6min ago
Asian Markets Trades Mostly Lower

Asian Markets Trades Mostly Lower

Asian stock markets are trading mostly lower on Thursday, despite the positive cues from Wall Street overnight, after US President Donald Trump announced steeper-than-expected tariffs on US trade partners, heightening concerns over a global trade war that could destabilize major economies. White House press secretary Karoline Leavitt indicated the new levies will be "effective immediately."
RTTNews | 4h 57min ago
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming its early losses in mid-market moves on Thursday, giving up the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 7,900 level, with weakness across most sectors led by mining and technology stocks.
RTTNews | 5h 45min ago
Sensex, Nifty Likely To See Gap-down Open As Trade War Fears Mount

Sensex, Nifty Likely To See Gap-down Open As Trade War Fears Mount

Indian shares look set to open sharply lower on Thursday after U.S. President Donald Trump announced reciprocal tariffs affecting over 180 countries, including a 26 percent tariff on India - half the rate India imposes on U.S. imports, leaving some room for negotiation.
RTTNews | 5h 55min ago
Thai Stock Market May Spin Its Wheels On Thursday

Thai Stock Market May Spin Its Wheels On Thursday

The Thai stock market has moved higher in back-to-back sessions, advancing almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,170-point plateau, although it may run out of steam on Thursday.
RTTNews | 6h 54min ago
Japanese Market Sharply Lower; Down 3.4%

Japanese Market Sharply Lower; Down 3.4%

The Japanese market is trading sharply lower on Thursday, reversing the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is plunging more than 3 percent to below the 34,600 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.
RTTNews | 6h 58min ago
Soft Start Expected For Hong Kong Stock Market

Soft Start Expected For Hong Kong Stock Market

The Hong Kong stock market turned lower again on Wednesday, one day after ending the two-day slide in which it had dropped more than 450 points or 2 percent. The Hang Seng Index now sits just above the 23,200-point plateau and it may extend its losses on Thursday.
RTTNews | 7h 9min ago
Steady Start Eyed For China Stock Market

Steady Start Eyed For China Stock Market

The China stock market has moved higher in two straight sessions, collecting almost 15 points or 0.4 percent in that span. The Shanghai Composite Index now sits just above the 3,350-point plateau and it's likely to remain in that neighborhood again on Thursday.
RTTNews | 7h 24min ago