Asia Pacific stocks were mostly down on Tuesday morning - Nirmal Bang
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/09/5344ff47b1888d5b47be9ccd9a98906f.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Market Review
US:
The S&P 500 ended lower Monday, as tech stocks slipped on a jump in Treasury yields, offsetting a jump in energy and financials.
Asia:
Asia Pacific stocks were mostly down on Tuesday morning, with investors digesting soaring U.S. Treasury yields that weighed on U.S. counterparts, alongside an oil rally that triggered inflationary concerns.
India:
Domestic equity market benchmarks BSE Sensex and Nifty 50 ended flat with a positive bias on Monday. BSE Sensex ended at a record closing high at 60,078, while the Nifty 50 index ended flat at 17,855, a new closing high. Market is expected to open on flattish note and likely to witness sideways move during the day.
Economy:
Profits at China's industrial firms grew at a weaker pace in August from a year earlier, slowing for a sixth consecutive month, as manufacturers struggled with high commodity prices, COVID-19 and shortages in some key components. Profits rose 10.1% on year to 680.3 billion yuan ($105 billion) last month compared with a 16.4% gain in July.
Orders placed with U.S. manufacturers for business equipment strengthened in August, extending to six months a solid run of robust capital investment that’s helping fuel economic growth. The value of core capital goods orders, which exclude aircraft and military hardware and is seen as a barometer of business equipment investment, increased 0.5% after an upwardly revised 0.3% a month earlier.
Commodities:
Oil was up Tuesday morning in Asia but eased after a five-day rally. Investors took profits as fears that higher prices that could weaken fuel demand increased, even as market sentiment remained firm amid a tight supply globally. Gold prices eased on Tuesday, hurt by a stronger dollar and rising U.S. Treasury yields, while investors awaited more cues from Federal Reserve officials on the central bank’s monetary policy shift.
Currency:
The yen traded near an almost three-month low to the dollar and reached a two-week trough versus the euro on Tuesday, as rising bond yields in the U.S. and Europe lured Japanese investors.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://investmentguruindia.com/Disclaimer/nirmal.html
SEBI Registration number is INH000001766
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _15.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit market watch.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/mobile57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/oilandgas57.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
![Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/009b2b15289ce4f7e143526434c946d5.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _19.jpg)
Morning Market Quote : The US 10-year bond yield declining to 4.21 % may nudge FIIs to buy m...
![Banking index is likely to trade in line with benchmark index today with support at 42500 - 42300 level and resistance at 43000 - 43200 level - Monarch Networth Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/7cbdb2b2efb9ac54d63404a10296a8c3.jpg)
![Nifty opened with an downward gap and selling pressure throughout the session dragged it lower on a negative note - Jainam Share Consultant](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/df5a572a41cd2930db3501f62a974325.jpg)
![The index witnessed a choppy week wherein Nifty oscillated in 300 points range amid overbought conditions - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/14eaa90318d6f3a119eb476d85edc4f0.png)