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Sensex, Nifty Close Higher After Choppy Session

RTTNews | vor 56 Tagen

Sensex, Nifty Close Higher After Choppy Session

(RTTNews) - Indian shares ended on a positive note on Tuesday after a choppy ride as investors tracked the developments on the trade front ahead of a July 9 deadline for Trump administration's reciprocal tariffs.

According to reports, India is on track to finalise an interim trade agreement with the US as soon as this week.

The interim deal, which would be among the first with a major US trading partner, would be an initial step towards a comprehensive bilateral accord between Washington and New Delhi.

The trade pact talks between the two countries are at a crucial stage with New Delhi sticking to the red line on the issue of market access in agriculture, genetically modified (GM) crops, and dairy, people privy to the development told the Economic Times.

The BSE benchmark Sensex, which climbed to 38,874.24 in early trades and briefly dropped into negative territory to 83,572.51 around noon, ended the day's session at 83,697.29, gaining 90.83 points or 0.11%.

The broader Nifty50 index of the National Stock Exchange settled at 25,541.80 with a gain of 24.75 points or 0.1%. The index scaled a high 25,593.40 an a low of 25,501.80 intraday.

BEL climbed more than 2.5%. Reliance Industries gained about 1.85%, contributing significantly to market's positive close. Asian Paints, UltraTech Cement and Kotak Bank gained 0.9 to 1.2%.

Axis Bank closed down more than 2%. Trent, Eternal, Tech Mahindra, ICICI Bank and Tata Consultancy Services lost 0.9 to 1.25%.

Apollo Hospitals, up nearly 4%, was the top gainer in the Nifty50 index. The stock surged after the company's board approved a major restructuring plan. The company also announced that it would list its digital health, pharmacy arms on the stock exchanges.

SBI Life, JIO Financial Services, Eicher Motors, IndusInd Bank, JSW Steel and Grasim Industries closed with impressive gains.

In economic news, data released by S&P Global showed that the HSBC India Manufacturing PMI stood at 58.4 in June 2025, matching flash data and marking the highest print since April 2024. Output and buying activity rose the most in 14 months, while new orders grew at their quickest rate in almost a year.

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TSX Modestly Higher As Financials, Mining Stocks Move Up

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.

RTTNews | vor 25 Minuten

Swiss Market Settles Weak

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.

RTTNews | vor 42 Minuten

European Stocks Close Lower On Political Concerns, Tariff Worries

European Stocks Close Lower On Political Concerns, Tariff Worries

European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.

RTTNews | vor 1Std 5 Minuten

U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | vor 4Std 35 Minuten

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | vor 4Std 46 Minuten

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | vor 6Std 5 Minuten

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | vor 6Std 10 Minuten

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | vor 6Std 33 Minuten

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