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Sensex, Nifty Rally On Tariff Relief

RTTNews | hace 115

Sensex, Nifty Rally On Tariff Relief

(RTTNews) - Indian shares opened Friday's session on a buoyant note after U.S. President Donald Trump abruptly announced a 90-day pause on new "reciprocal tariffs" on most countries, including India to allow rooms for negotiations.

The benchmark S&P/BSE Sensex was up 1,410 points, or 1.9 percent, at 75,257 in early trade while the broader NSE Nifty index was up 45 points, or 2.1 percent, at 22,865.

Tata Motors surged over 4 percent after JLR India reported its best-ever annual retail sales in the previous financial year.

Sun Pharmaceuticals rose nearly 3 percent. The U.S. Court of Appeals for the Federal Circuit has vacated the preliminary injunction against the launch of LEQSELVI™ (deuruxolitinib) in the United States.

Larsen & Toubro, HCL Technologies, Adani Ports and Tata Steel surged 3-5 percent. Tata Consultancy Services edged up slightly post its Q4 results.

Anand Rathi Wealth climbed nearly 2 percent on reporting a 30 percent rise in its Q4 net profit.

Avanti Feeds soared 7.5 percent as Trump paused reciprocal tariffs for 90 days.

Hindustan Copper jumped 3 percent after resuming ore production at Kolihan copper mine of Khetri copper complex, Khetrinagar, Rajasthan.

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Taiwan Bourse May Find Traction On Tuesday

Taiwan Bourse May Find Traction On Tuesday

The Taiwan stock market has moved lower in back-to-back sessions, slumping more than 270 points or 1.2 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,380-point plateau although it may stop the bleeding on Tuesday.

RTTNews | hace 13 minutos

BoJ Minutes: Japan Economy Continues To Recover

BoJ Minutes: Japan Economy Continues To Recover

Members of the Bank of Japan's Monetary Policy Board felt that the country's economic recovery is continuing at an acceptable pace, minutes from the central bank's June 16-17 monetary policy meeting revealed on Tuesday - although it is starting to show signs of slowing.

RTTNews | hace 41 minutos

Singapore Shares Poised To Open To The Upside On Tuesday

Singapore Shares Poised To Open To The Upside On Tuesday

The Singapore stock market on Monday halted the six-day losing streak in which it had stumbled almost 120 points or 2.9 percent. The Straits Times Index now sits just beneath the 4,200-point plateau and it may extend its gains on Tuesday.

RTTNews | hace 43 minutos

Renewed Support Likely For Malaysia Stock Market

Renewed Support Likely For Malaysia Stock Market

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day losing streak in which it had fallen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,525-point plateau although it's likely to bounce higher again on Tuesday.

RTTNews | hace 1h 13min

Japan Stock Market May Stop The Bleeding On Tuesday

Japan Stock Market May Stop The Bleeding On Tuesday

The Japan stock market has moved lower in two straight sessions, tumbling almost 780 points or 1.8 percent along the way. The Nikkei 225 now sits just shy of the 40,300-point plateau although it's due for support on Tuesday.

RTTNews | hace 1h 28min

South Korea Inflation Rises 0.2% In July

South Korea Inflation Rises 0.2% In July

Overall consumer prices in South Korea were up a seasonally adjusted 0.2 percent on month in July, Statistics Korea said on Tuesday.

RTTNews | hace 1h 34min

Australia Services Sector Accelerates In July

Australia Services Sector Accelerates In July

The services sector in Australia continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 54.1.

RTTNews | hace 1h 39min

KOSPI May Add To Monday's Gains

KOSPI May Add To Monday's Gains

The South Korea stock market on Monday snapped the two-day slide in which it had stumbled more than 135 points or 3.9 percent. The KOSPI now sits just shy of the 3,150-point plateau and it may add to its winnings on Tuesday.

RTTNews | hace 1h 43min

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