{"id":43504,"date":"2023-10-18T15:39:51","date_gmt":"2023-10-18T15:39:51","guid":{"rendered":"https:\/\/cabanesetcompagnie.com\/?p=43504"},"modified":"2023-10-18T15:39:51","modified_gmt":"2023-10-18T15:39:51","slug":"sensex-nifty-poised-for-positive-open-as-tcs-beats-q2-estimates","status":"publish","type":"post","link":"https:\/\/cabanesetcompagnie.com\/business\/sensex-nifty-poised-for-positive-open-as-tcs-beats-q2-estimates\/","title":{"rendered":"Sensex, Nifty Poised For Positive Open As TCS Beats Q2 Estimates"},"content":{"rendered":"<p> Indian shares look set to open higher on Thursday as TCS&#8217; Q2 profit beat estimates, oil extended losses after Saudi&#8217;s pledge to stabilize <span>markets<\/span>, and the FOMC&#8217;s September meeting minutes showed the Fed is poised to &#8220;proceed carefully&#8221; on interest rate decision going forward. <\/p>\n<p>That said, the upside may remain limited, and volatility is not ruled out ahead of domestic and US CPI data due out later in the day. <\/p>\n<p>Benchmark indexes Sensex and Nifty rose around 0.6 percent each on Wednesday while the rupee ended 6 paise higher at 83.19 against the dollar. <\/p>\n<p>Asian markets followed Wall Street higher this morning while the dollar index and Treasury yields held near two-week lows, helping lift bullion. Oil extended losses after having fallen over 2 percent in the U.S. trading session overnight. <\/p>\n<p>U.S. stocks extended gains for the fourth consecutive session on Wednesday as oil prices fell again and the Fed&#8217;s September meeting minutes echoed the recent message of data dependence, with around two-thirds of Fed members predicting one more rate hike before the end of 2023.<\/p>\n<p>Traders largely shrugged off data showing that a measure of wholesale prices rose more than expected in September, partly due to a continued surge in energy prices. <\/p>\n<p>The tech-heavy Nasdaq Composite advanced 0.7 percent, while the S&#038;P 500 added 0.4 percent and the Dow rose 0.2 percent. <\/p>\n<p>European stocks ended mixed on Wednesday after logging their biggest gains in nearly a year the previous day. <\/p>\n<p>The pan-European STOXX 600 gained 0.2 percent. The German DAX edged up 0.2 percent, while France&#8217;s CAC 40 shed 0.4 percent and the U.K.&#8217;s FTSE 100 index slid 0.1 percent. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3395995\/sensex-nifty-poised-for-positive-open-as-tcs-beats-q2-estimates.aspx?type=ts\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares look set to open higher on Thursday as TCS&#8217; Q2 profit beat estimates, oil extended losses after Saudi&#8217;s pledge to stabilize markets, and the FOMC&#8217;s September meeting minutes showed the Fed is poised to &#8220;proceed carefully&#8221; on interest rate decision going forward. That said, the upside may remain limited, and volatility is not ruled out ahead of domestic [&#8230;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sensex, Nifty Poised For Positive Open As TCS Beats Q2 Estimates - cabanesetcompagnie<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cabanesetcompagnie.com\/business\/sensex-nifty-poised-for-positive-open-as-tcs-beats-q2-estimates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sensex, Nifty Poised For Positive Open As TCS Beats Q2 Estimates - cabanesetcompagnie\" \/>\n<meta property=\"og:description\" content=\"Indian shares look set to open higher on Thursday as TCS&#8217; Q2 profit beat estimates, oil extended losses after Saudi&#8217;s pledge to stabilize markets, and the FOMC&#8217;s September meeting minutes showed the Fed is poised to &#8220;proceed carefully&#8221; on interest rate decision going forward. 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