Sensex, Nifty Edge Higher; IT Stocks Take Lead

RTTNews | Před 15 dny
Sensex, Nifty Edge Higher; IT Stocks Take Lead

(RTTNews) - Indian shares were notably higher in early trade on Wednesday amid hopes of easing trade tensions between the world's two largest economies and as U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell.

The benchmark S&P/BSE Sensex was up 450 points, or 0.6 percent, at 80,047 while the broader NSE Nifty index traded up 124 points, or half a percent, at 24,291.

LTIMindTree jumped 3.4 percent ahead of its earnings release.

HCL Technologies soared 7 percent on reporting a 8 percent year-on-year rise in quarterly profit.

Tata Communications rose about 1 percent after Q4 net profit more than doubled. PNC Infratech advanced 1.5 percent and Ashoka Buildcon climbed 2.7 percent after securing new orders.

Bharti Airtel was marginally lower after Adani Data Networks, a subsidiary of Adani Enterprises, transferred its spectrum rights to the company.

Mahindra & Mahindra Financial Services declined 1.4 percent after consolidated net profit declined nearly 32 percent in the March 2025 quarter.

Ambuja Cements fell about 1 percent after completing the acquisition of a 46.66 percent stake in Orient Cement pursuant to the share purchase agreement.

read more
European Shares Seen Opening Up On Trade Deal Optimism

European Shares Seen Opening Up On Trade Deal Optimism

European stocks look set to open on a positive note Thursday after U.S. President Donald Trump said he would announce "a MAJOR TRADE DEAL WITH REPRESENTATIVES OF A BIG, AND HIGHLY RESPECTED, COUNTRY," without giving further details.
RTTNews | Před 18 minutami
European Economic News Preview: Bank Of England To Cut Interest Rate

European Economic News Preview: Bank Of England To Cut Interest Rate

The Bank of England is set to cut its benchmark interest rate by a quarter-point on Thursday, to cope with the economic slowdown triggered by trade tariffs. The Monetary Policy Committee is expected to reduce the Bank Rate to 4.25 percent from 4.50 percent. The BoE had maintained its interest rate at its March meeting after reducing it three times since last year.
RTTNews | Před 28 minutami
Sensex, Nifty Subdued In Early Trade

Sensex, Nifty Subdued In Early Trade

Indian shares were subdued on Thursday amid rising tensions between India and Pakistan and concerns about the outlook for the global economy.
RTTNews | Před 1 h 40 min
Australian Market Swings To Slight Gains In Mid-market

Australian Market Swings To Slight Gains In Mid-market

The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying just below the 8,200 level, with gains in gold miners and technology stocks partially offset by weakness in financial stocks.
RTTNews | Před 2 h 28 min
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, amid optimism surrounding the upcoming U.S.-China trade talks to take place in Switzerland this week and China's new stimulus measures. Meanwhile, the US Fed left interest rates unchanged, and also warned of increasing risks of higher unemployment and higher inflation.
RTTNews | Před 2 h 51 min
Sensex, Nifty Likely To Open On Cautious Note

Sensex, Nifty Likely To Open On Cautious Note

Indian shares look set to open on a cautious note Thursday as Pakistan troops continue to resort to cross-border shelling along the Line of Control (LoC) in Kupwara district of Jammu and Kashmir for the second consecutive day.
RTTNews | Před 3 h 22 min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese market is trading modestly lower on Thursday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 36,700 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | Před 4 h 13 min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is trading slightly lower on Thursday, giving up some of the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,200 level, with weakness in iron ore miners and financial stocks partially offset by gains in gold miners and technology stocks.
RTTNews | Před 4 h 50 min