Sensex, Nifty End Choppy Session Lower Before US Inflation Test

RTTNews | 202天前
Sensex, Nifty End Choppy Session Lower Before US Inflation Test

(RTTNews) - Indian shares fluctuated before ending modestly lower on Wednesday.

Weak cues from global markets dented sentiment as investors reacted to the U.S. presidential debate and awaited key U.S. inflation prints for clues on interest-rate cuts.

The U.S. consumer price inflation reading later in the day along with the producer price index reading and initial jobless claims figures due on Thursday could offer fresh insights into the central bank's interest rate plans, heading into next week's Federal Reserve meeting.

A weaker dollar in international markets and a sharp fall in oil prices to a 33-month low on Tuesday helped limit the downside in the broader market.

The benchmark 30-share Sensex dropped 398.13 points, or 0.49 percent, to 81,523.16 while the broader NSE Nifty index ended at 24,918.45, down 122.65 points, or 0.49 percent, from its previous close.

Among the prominent decliners, Tata Motors plunged 5.7 percent to extend losses for the ninth straight session.

ONGC lost 2.9 percent after oil prices slumped to close near three-year lows in the U.S. trading session overnight on demand concerns.

Adani Enterprises, Larsen & Toubro and Wipro all fell around 2 percent while Bajaj Auto jumped more than 4 percent and Asian Paints advanced 2.2 percent.

read more
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious as uncertainty prevails over the size and the scope of new reciprocal tariffs on imports to the US to be announced later in the day. Some traders also continue to pick up stocks at a bargain after heavy selling in the previous sessions.
RTTNews | 5小时31分钟前
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Wednesday, but extends the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and some technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 6小时18分钟前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday after opening in the green, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 35,500 level, with weakness in exporters, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews | 7小时47分钟前
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 8小时4分钟前
Australia Building Approval Data Due On Wednesday

Australia Building Approval Data Due On Wednesday

Australia will on Wednesday release February figures for building approvals, highlighting a modest day for Asia-Pacific economic activity. Approvals are expected to slip 1.4 percent on month and climbing 6.3 percent in January.
RTTNews | 11小时4分钟前
U.S. Dollar Drops Ahead Of Trump's Tariffs

U.S. Dollar Drops Ahead Of Trump's Tariffs

The U.S. dollar fell against its major counterparts in the New York session on Tuesday after weak economic data, while investors awaited more details on U.S. President Donald Trump's reciprocal tariff announcements set to be announced on Wednesday.
RTTNews | 14小时50分钟前