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Sensex Up Over 700 Points On Firm Global Cues; Nifty Tops 15,900

RTTNews | vor 1058 Tagen

Sensex Up Over 700 Points On Firm Global Cues; Nifty Tops 15,900

(RTTNews) - Indian shares opened sharply higher on Monday, mirroring firm global cues amid hopes that U.S. inflation is peaking and that the world's largest economy is still on a solid footing.

The benchmark S&P BSE Sensex jumped 714 points, or 1.3 percent, to 53,397 in early trade, while the broader NSE Nifty index was up 206 points, or 1.3 percent, at 15,905.

IT stocks led the surge, with Infosys, HCL Technologies and Tech Mahindra rallying 3-4 percent.

Wipro added 2.5 percent. Chairman Rishad Premji said the company is betting on hyperscaler partnerships, inorganic acquisitions, and cloud initiatives to deliver growth in the coming years.

Hindustan Copper jumped 2.4 percent on fund raising reports.

Other metal stocks also traded higher, with Hindalco and JSW Steel rising 2-3 percent.

Mahindra & Mahindra was little changed ahead of the 2022 Mahindra Scorpio-N launch. Adani Enterprises advanced 1.4 percent after its subsidiary Kutch Copper raised over Rs 6,000 crore to set up a greenfield copper refinery.

Indian Overseas Bank traded on a flat note. The state-run bank has unveiled plans to boost advances in retail, MSMEs, corporate, and agricultural loans during this year.

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Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | vor 25 Minuten

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | vor 51 Minuten

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | vor 1Std 39 Minuten

Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up

Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up

Home Depot Inc. reported Tuesday weak first-quarter profit below market estimates, while sales grew from last year and beat the Street view with slightly higher comparable sales in the U.S. Further, the home improvement retailer maintained its fiscal 2025 guidance, expecting weak earnings, but higher sales and comparable sales. In the pre-market activity on the NYSE, Home Depot shares were gaining

RTTNews | vor 1Std 59 Minuten

CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French market is modestly higher in cautious trade on Tuesday with investors closely following the developments on the geopolitical front. Tensions between Russia and Ukraine linger despite an announcement from U.S. President Donald Trump that the two nations would soon begin ceasefire negotiations.

RTTNews | vor 2Std 12 Minuten

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Tuesday.

RTTNews | vor 2Std 16 Minuten

Sensex, Nifty Tumble As Investor Seek Tariff Clarity

Sensex, Nifty Tumble As Investor Seek Tariff Clarity

Indian shares fell sharply on Tuesday as investors watched the latest developments in the ongoing India-U.S. trade discussions.

RTTNews | vor 2Std 18 Minuten

DAX Up Over 0.5% In Cautious Trade

DAX Up Over 0.5% In Cautious Trade

German stocks are up in positive territory on Tuesday amid easing concerns about tariffs, and in reaction to the widely expected interest rate cut by the People's Bank of China.

RTTNews | vor 2Std 31 Minuten

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