Sensex, Nifty Set For Muted Open

RTTNews | Pred 9 h 45 min
Sensex, Nifty Set For Muted Open

(RTTNews) - Indian shares are seen opening little changed on Thursday as solid U.S. economic data along with an uptick in inflation supported recent comments by many Fed officials that there's no rush to cut rates.

The downside in domestic markets, if any, may remain capped as data showed foreign institutional investors (FII) turned net buyers and bought shares worth Rs 7.78 crore on Wednesday.

Benchmark indexes Sensex and Nifty eked out modest gains on Wednesday after a choppy session as a ceasefire deal between Israel and Hezbollah militants in Lebanon came into effect, denting oil's risk premium.

The rupee declined by 12 paise to close at 84.45, pressured by strong dollar demand related to the expiry of the Nov monthly futures contract and month-end payments by importers.

Asian markets were mixed this morning, the dollar edged up slightly and WTI crude prices traded flat below $70 a barrel. Gold held steady amid the potential for a trade war under the incoming Trump administration.

U.S. stocks closed lower overnight, with the S&P 500 snapping a seven-session winning streak and the Dow ending a three-day streak of record highs after the release of GDP, inflation and weekly jobless claims data.

European stocks ended mixed on Wednesday amid concerns over French finances and Trump's tariff policies.

U.S. stocks will be closed today for the Thanksgiving and open for only a half-day on Friday.

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European Shares Set To Open On Firm Note

European Shares Set To Open On Firm Note

European stocks look set to open higher on Thursday, though trading volumes may remain thin due to the Thanksgiving Day holiday in the U.S.
RTTNews | Pred 7 h 15 min
European Economic News Preview: German Flash Inflation Data Due

European Economic News Preview: German Flash Inflation Data Due

Flash consumer prices from Germany and Spain and monetary aggregates from the euro area are due on Thursday. At 3.00 am ET, Spain's INE releases flash consumer prices data for November. Inflation is expected to rise to 2.3 percent from 1.8 percent in October.
RTTNews | Pred 7 h 44 min
Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as data showed U.S. consumer price inflation accelerated in line with estimates, renewing concerns about the outlook for interest rates. Traders also weighed the news of a ceasefire deal between Israel and Hezbollah. Asian Markets closed mixed on Wednesday.
RTTNews | Pred 9 h 24 min
Japanese Market Slightly Lower

Japanese Market Slightly Lower

Adding to the losses in the previous two sessions, the Japanese market is slightly lower on Thursday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 38,100 level, with weakness in index heavyweights and technology stocks partially offset by gains in exporters and financial stocks.
RTTNews | Pred 10 h 40 min
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in three straight sessions, slipping more than 15 points or 1 percent along the way. The Stock Exchange of Thailand now sits just above the 1,430-point plateau and it's expected to open under pressure again on Thursday.
RTTNews | Pred 10 h 49 min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Thursday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,400 level to near all-time highs, with gains in energy, financial and technology stocks partially offset weakness in gold miners stocks.
RTTNews | Pred 11 h 3 min
Indonesia Bourse May Test Support At 7,200 Points

Indonesia Bourse May Test Support At 7,200 Points

Ahead of Wednesday's holiday for regional elections, the Indonesia stock market had ended the two-day winning streak in which it had rallied almost 175 points or 2.5 percent. The Jakarta Composite Index now rests just beneath the 7,250-point plateau and it may take further damage on Thursday.
RTTNews | Pred 11 h 19 min
Profit Taking May Dent Hong Kong Stock Market

Profit Taking May Dent Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, advancing more than 450 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 19,600-point plateau although it may run out of steam on Thursday.
RTTNews | Pred 11 h 34 min