Sensex, Nifty Set For Weak Start

RTTNews | 8h 7min ago
Stocktwits
Sensex, Nifty Set For Weak Start

(RTTNews) - Indian shares look set to open on a weak note Tuesday after two days of strong gains. That said, a sharp fall in oil prices may help limit the downside.

Oil prices fell nearly 3 percent in the U.S. trading session overnight following reports that Isael and Hezbollah are likely to reach a cease-fire agreement within the next few days.

Asian markets traded mostly lower this morning despite the Dow Jones Industrial Average extending gains for a fourth straight session to reach a new record closing high overnight on positive reaction to news that President-elect Donald Trump intends to nominate billionaire hedge fund manager Scott Bessent as Treasury Secretary.

Bessent is seen as supportive of the equity markets and an advocate for deficit reduction. He has also called for Trump's planned tariff increases to be implemented gradually, which could reduce the impact on inflation.

European markets also finished on a firm note overnight after a fall in bond yields and amid expectations that the ECB will cut interest rates steadily in 2025.

Stocktwits
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European Shares Set To Fall After Trump's New Tariff Threats

European Shares Set To Fall After Trump's New Tariff Threats

European stocks are likely to open lower on Tuesday after U.S. President-elect Donald Trump said on his Truth Social network that he would impose an additional 10 percent tariff on goods from China and 25 percent on all products from Mexico and Canada.
RTTNews | 5h 21min ago
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, after s US President-elect Donald Trump announced a 10 percent additional tariff on all Chinese goods and a 25 percent tariff on imports from Mexico and Canada, raising concerns over global trade tensions. Asian markets closed mostly higher on Monday.
RTTNews | 7h 37min ago
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is significantly lower on Tuesday, reversing the gains in the previous two sessions, with the Nikkei 225 falling a tad below the 38,300 level, despite the broadly positive cues from Wall Street overnight, with weakness across most sectors led by index heavyweights, technology and financial stocks.
RTTNews | 8h 32min ago
Thai Shares Called Rangebound Again On Tuesday

Thai Shares Called Rangebound Again On Tuesday

The Thai stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and it's expected to bounce higher again on Tuesday.
RTTNews | 8h 52min ago
Australian Market Notably Lower

Australian Market Notably Lower

Reversing some of the gains in the previous two sessions, the Australian stock market is trading notably lower on Tuesday after opening in the green, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is retracting from all-time highs and falling below the 8,400 level, with weakness in financial and energy stocks amid tumbling crude oil prices.
RTTNews | 9h 11min ago
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