MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.4 per cent and Japan's Nikkei fell 1.0 per cent.
Investors stayed cautious as they braced for new Federal Reserve Chairman Jerome Powell's first policy meeting starting later in the day and amid concerns that US President Donald Trump could impose additional protectionist trade measures. The benchmark finally settled at 32,996.76, showing a gain of 73.64 points, or 0.22 per cent. The index had lost 741.94 points in the previous four sessions. Intra-day, it hit a low of 10,049.10.
Meanwhile, on a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 292.23 crore, while domestic institutional investors (DIIs) sold equities to the tune of Rs 191.52 crore yesterday, provisional data showed.
"Market is struggling to rebound from the support level due to redemption and expectation of 25 bps Fed rate hike".
Indian shares gave up early gains and closed 1 percent lower on Tuesday, pulled.
The gauge, however, turned positive to trade 42.34 points, or 0.13 percent, higher at 32,965.46.Читайте также: 11th-seeded Syracuse eliminates Michigan State from NCAA Tournament
Blue-chip stocks Tata Steel, Tata Motors, Adani Ports and Infosys were among top gainers after a rise in 3 percent.
Major laggards were NTPC, Bharti Airtel, M&M, Kotak Bank, Axis Bank, IndusInd Bank, ITC and Sun Pharma falling up to 1.42 percent.
The pan-European Stoxx Europe 600 index advanced 0.2 percent. Canara Bank slumped 3.84% after the CBI charged its ex-CMD R.K. Dubey and two former executive directors with cheating and forgery. In the broader market, the BSE Midcap and the BSE Smallcap indices underperformed to lose up to 0.7 per cent.
Investors are keeping a close watch on the Federal Reserve's policy meeting this week looking for clues about its timetable for tightening monetary policy.
"When you look at the data, it's relentless selling by foreign investors". Shanghai Composite Index was down by 0.26 percent in their early deals.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.
Код для вставки в блог