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(RTTNews) - Marginally lower GIFT Nifty and weak Asian markets point to a flat or slightly lower start for Indian stocks Tuesday morning. Higher crude oil prices could weigh as well.
We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.
India's manufacturing sector is projected to grow, supported by increased exports and a strengthening investment cycle. Industrial production saw a notable year-on-year increase, with manufacturing rising 9 percent in August. However, the report highlights that a below-normal monsoon may negatively impact rural demand and consumption.
Korean stocks traded slightly lower late Tuesday morning as rising oil prices fueled inflation concerns and lifted U.S. Treasury yields amid Middle East tensions. The benchmark Korea Composite Stock Price Index (KOSPI) lost 12.76 points, or 0.19 percent, to 6,876.98 as of 11:20 a.m. Overnight, U.S.
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