Sensex, Nifty Rally On Tariff Relief

RTTNews | 61 일 전
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.

read more
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
RTTNews | 59 분 전
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | 1 시간 47 분 전
CAC 40 Drifts Lower In Cautious Trade

CAC 40 Drifts Lower In Cautious Trade

The French market is down in negative territory Wednesday afternoon, with stocks moving in a narrow range as investors await further details on U.S.-China trade talks, and the crucial inflation data from the U.S. later in the day.
RTTNews | 2 시간 56 분 전
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | 4 시간 2 분 전
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 4 시간 11 분 전
Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty End Modestly Higher; IT Stocks Lead Gains

Indian shares eked out modest gains on Wednesday as markets assessed the outcome of high-level U.S.-China talks and awaited key U.S. inflation readings for additional clues on the Federal Reserve's rate trajectory.
RTTNews | 4 시간 12 분 전