Sensex, Nifty End Marginally Higher In Cautious Trade

RTTNews | vor 8 Tagen

(RTTNews) - Indian shares fluctuated before ending little changed on Tuesday as tensions between India and Pakistan threatened to spiral into open armed conflict.

Global cues were mixed due to tariff-related worries and fears of an U.S. economic slowdown.

The White House has confirmed President Trump's plan to reduce tariffs on auto parts for cars made in America following intense lobbying by industrial leaders.

At the same time, U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries.

China vowed to stand firm and said that concession and retreat will only make the bully more aggressive.

The benchmark 30-share BSE Sensex ended 0.09 percent higher at 80,288.36, giving up some early gains.

The broader NSE Nifty index ended flat with a positive bias at 24,335.95 while the BSE mid-cap and small-cap indexes ended up 0.2 percent and 0.1 percent, respectively. The market breadth was weak on the BSE, with 2,102 shares declining while 1,824 shares advanced and 128 shares closed unchanged.

Eternal, Tech Mahindra and Reliance Industries all rose around 2 percent while Kotak Mahindra Bank, NTPC, Power Grid Corp, Sun Pharma and UltraTech Cement fell 1-2 percent.

Tata Group company Trent surged 5.8 percent as Q4 profit beat Street estimates. Ambuja Cements dropped 1.8 percent as it reported a 9 percent decline in consolidated net profit for the fourth quarter.

Defense stocks rallied for the second straight session amid heightened tensions along the India-Pakistan border and ahead of a Union Cabinet meeting on Wednesday to discuss security and strategic issues at length.

Paras Defense and Space Technologies soared 20 percent, Data Patterns (India) jumped nearly 15 percent and Bharat Electronics advanced 4 percent.

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 | vor 1Std 6 Minuten

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 | vor 1Std 17 Minuten

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 | vor 2Std 28 Minuten

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 | vor 3Std 16 Minuten

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 | vor 3Std 39 Minuten

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 | vor 4Std 10 Minuten

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 | vor 5Std 1 Minuten

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 | vor 5Std 38 Minuten

EURUSD	1.12817	GBPUSD	1.32814	AUDUSD	0.64124
USDJPY	144.402	USDCAD	1.38682	USDCHF	0.82721

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Sensex, Nifty End Marginally Higher In Cautious Trade