Sensex, Nifty Rally On Tariff Relief

RTTNews | 60 days ago
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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Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | 12 minutes ago
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 41 minutes ago
Thai Bourse May Extend Tuesday's Gains

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The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | 1h 12min ago
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
RTTNews | 1h 38min ago
Indonesia Shares May Open To The Upside

Indonesia Shares May Open To The Upside

The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
RTTNews | 1h 42min ago
Higher Open Expected For Hong Kong Shares

Higher Open Expected For Hong Kong Shares

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,160-point plateau and it's likely to remain rangebound on Wednesday.
RTTNews | 1h 57min ago
Australian Market Notably Higher

Australian Market Notably Higher

Australian shares are trading notably higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 8,600 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by energy and technology stocks.
RTTNews | 2h 1min ago
Taiwan Shares Tipped To Open In The Green On Wednesday

Taiwan Shares Tipped To Open In The Green On Wednesday

The Taiwan stock market has moved higher in back-to-back sessions, accelerating more than 580 points or 2.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,240-point plateau and it has a positive lead again for Wednesday's trade.
RTTNews | 2h 42min ago