Sensex, Nifty Open Higher On Trade Talk Optimism

RTTNews | 4 days ago
Sensex, Nifty Open Higher On Trade Talk Optimism

(RTTNews) - Indian shares traded higher on Thursday as talks on a bilateral trade agreement between India and the United States picked up pace.

An Indian team will be visiting the United States this week to discuss issues aimed at boosting trade and removing tariff barriers between the two countries.

In a TV interview on Tuesday, U.S. Secretary of the Treasury Scott Bessent framed China's new export controls on critical minerals as "China versus the rest of the world", adding the U.S. expects strong support from Europe, India and other Asian democracies.

The benchmark BSE Sensex was up 310 points, or 0.4 percent, at 82,916 in early trade, while the broader NSE Nifty index rose by 96 points, or 0.4 percent, to 25,419.

Axis Bank rallied 3 percent despite reporting a 26 percent fall in its September-quarter net profit due to a one-time standard asset provision impact.

Infosys and Wipro were little changed ahead of their earnings results.

HDFC Life tumbled 3 percent on reporting a flat performance for the September quarter.

BEL gained 1 percent after saying it has received fresh orders worth Rs 592 crore since September 29 for tank subsystems, communication equipment and overhaul projects.

Jyoti Structures climbed 1.2 percent on bagging a Rs 288.36 crore order from AESL Projects for Fatehpur Transmission Line.

Hero MotoCorp added 1 percent after expanding into the Spanish market through a distribution partnership with Noria Motos.

read more
Australian Market Swings To Gains In Mid-market

Australian Market Swings To Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market trading on Monday, reversing some of the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 9,000.00 mark, with gains in energy, financial and technology stocks partially offset by steep declines in gold and other mining stocks.
RTTNews | 55 minutes ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian markets are mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain optimistic on easing trade tensions between the U.S. and China after U.S. President Donald Trump said the high tariffs he has threatened on Chinese imports are probably not sustainable, but argued "they forced me to do that." Asian markets closed mostly lower on Friday.
RTTNews | 1h 19min ago
Sensex, Nifty Look Headed For Firm Start

Sensex, Nifty Look Headed For Firm Start

Indian shares look headed for a bright start Monday morning thanks to positive cues from Wall Street and Asian markets, and slightly easing U.S.-China trade tensions.
RTTNews | 1h 36min ago
Renewed Support Tipped For Thai Stock Market

Renewed Support Tipped For Thai Stock Market

The Thai stock market on Friday ended the two-day winning streak in which it had jumped more than 25 points or 2 percent. The Stock Exchange of Thailand now sits just under the 1,275-point plateau although it's expected to move back to the upside again on Monday.
RTTNews | 2h 21min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday, with the Nikkei 225 surging almost 2.5 percent to well above the 48,700 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | 2h 51min ago
Rebound Anticipated For Indonesia Stock Market

Rebound Anticipated For Indonesia Stock Market

The Indonesia stock market headed south again on Friday, one day after ending the three-day losing streak in which it had dropped more than 200 points or 2.6 percent. The Jakarta Composite Index now rests just above the 7,915-point plateau although it may bounce higher again on Monday.
RTTNews | 2h 51min ago
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is modestly lower on Monday, adding to the losses in the previous session, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 9,000.00 mark, with weakness in mining stocks partially offset by gains in energy, financial and technology stocks.
RTTNews | 3h 17min ago
Hong Kong Bourse May Find Traction On Monday

Hong Kong Bourse May Find Traction On Monday

The Hong Kong stock market has finished lower in back-to-back sessions, dropping more than 660 points or 2.6 percent along the way. The Hang Seng Index now rests just beneath the 25,250-point plateau although it may stop the bleeding on Monday.
RTTNews | 3h 21min ago