Sensex
81,118.60 profit arw -573.38 (-0.70%)
Nifty
24,718.60 profit arw -169.60 (-0.68%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 18-Sep-2024
Market Commentary - Foreign Markets
18-Sep-2024     16:04

China's Shanghai Composite index rise 0.49%

Asian stocks ended Wednesday's session broadly higher as investors waited for the U.S. Federal Reserve's first cut to interest rates in more than four years.

There is a debate about the size of reduction after data showed U.S. retail sales unexpectedly ticked up in August in a sign of ongoing consumer resilience.

The U.S. dollar was muted below 101 mark in Asian trading and gold held steady while oil resumed slide after a two-day rally on concerns about the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico.

Trading was closed in Hong Kong for a national holiday. South Korea's market was also closed for thanksgiving Chuseok holidays.

China's Shanghai Composite index rose 0.49 percent to 2,717.28 on stimulus hopes as trading resumed after a holiday break.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

81,118.60 -573.38 (-0.70%)

Nifty

24,718.60 -169.60 (-0.68%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,892.57 -142.82(-0.59%)