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Indian Markets Closed For Holi

RTTNews | 1287 days ago

Indian Markets Closed For Holi

(RTTNews) - Indian markets remain closed today on account of the Holi festival.

Benchmark indexes Sensex and Nifty finished Monday's session up around 0.7 percent each, with IT, energy and Adani Group stocks leading the surge.

The rupee neared one-month high before giving up some gains to close 5 paise higher at 81.92 against the dollar.

Asian markets were seeing modest gains in cautious trade this morning as investors braced for Fed Chair Jerome Powell's semi-annual testimony before Congress today and tomorrow.

Friday's U.S. February employment report will also be watched closely after a strong January number.

The dollar weakened, helping base metals prices push higher. Gold held largely steady while oil edged higher to extend overnight gains.

U.S. stocks gave up early gains to end narrowly mixed overnight, tracking a rebound in U.S. Treasury yields.

The tech-heavy Nasdaq Composite finished 0.1 percent lower while the Dow and the S&P 500 managed to finish in positive territory.

European stocks also ended Monday's session on a mixed note on disappointment over Chinese growth targets.

The pan European STOXX 600 ended flat with a negative bias. The German DAX gained half a percent and France's CAC 40 index edged up 0.3 percent while the U.K.'s FTSE 100 eased 0.2 percent.

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Canadian Market Edges Higher On Energy Boost

Canadian Market Edges Higher On Energy Boost

Canadian market's benchmark S&P/TSX Composite Index was modestly higher a little before noon on Monday with investors digesting the nation's inflation data and assessing the potential economic impact of elevated oil prices.

RTTNews | 40 minutes ago

Bay Street Likely To Open Weak; Inflation Data In Focus

Bay Street Likely To Open Weak; Inflation Data In Focus

Canadian stocks look headed for a weak start on Monday as selling is likely in the materials and technology sectors due to weak precious metals prices and warning of potentially large-scale AI-driven cyberattacks, respectively. Energy stocks may find support as oil prices are up sharply on supply concerns.

RTTNews | 4h 6min ago

Asian Markets Weighed By AI Worries, Crude Oil Price Spike

Asian Markets Weighed By AI Worries, Crude Oil Price Spike

Renewed worries about the development of Artificial Intelligence and the call by AI leaders to slowdown the pace of AI development dampened sentiment across Asian markets. The spike in crude oil prices as well as worries about inflation also weighed on market sentiment ahead of interest rate decisions by the Federal Reserve and Bank of Japan.

RTTNews | 4h 39min ago

FTSE Climbs Higher On Pharma, Energy Strength

FTSE Climbs Higher On Pharma, Energy Strength

London's benchmark index advanced 69.78 points to 10,720.22 on Monday, boosted by buying in pharmaceuticals, energy, and heavyweight counters. Sage Group climbed over 6%, while losses in mining and financial sectors limited the market's upside potential.

RTTNews | 4h 51min ago

CAC 40 Slides 0.65% On Oil Surge, Tech Selloff

CAC 40 Slides 0.65% On Oil Surge, Tech Selloff

The CAC 40 fell 52.79 points to 8,126.98 Monday, pressured by surging crude prices and warnings of large-scale AI-driven cyberattacks in the tech sector. Geopolitical tensions and central bank meeting caution also contributed.

RTTNews | 5h 20min ago

German Stocks Retreat Amid Geopolitical Oil Tensions, AI Warnings

German Stocks Retreat Amid Geopolitical Oil Tensions, AI Warnings

German equities declined Monday following Saudi pipeline attacks and AI risk warnings from industry executives. Rising oil prices and monetary policy anticipation added to market headwinds affecting multiple sectors.

RTTNews | 6h 15min ago

U.S. Dollar Rises Amid Fed Rate Hike Signals

U.S. Dollar Rises Amid Fed Rate Hike Signals

The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as the Federal Reserve (Fed) is making aggressive rate-hike bets for Wednesday's decision, following higher U.S. inflation figures.

RTTNews | 8h 18min ago

U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the Asian session on Monday.

RTTNews | 9h 28min ago

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