Reklāma

Sensex, Nifty End Marginally Higher In Cautious Trade

RTTNews | 9 days ago

(RTTNews) - Indian shares fluctuated before ending little changed on Tuesday as tensions between India and Pakistan threatened to spiral into open armed conflict.

Global cues were mixed due to tariff-related worries and fears of an U.S. economic slowdown.

The White House has confirmed President Trump's plan to reduce tariffs on auto parts for cars made in America following intense lobbying by industrial leaders.

At the same time, U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries.

China vowed to stand firm and said that concession and retreat will only make the bully more aggressive.

The benchmark 30-share BSE Sensex ended 0.09 percent higher at 80,288.36, giving up some early gains.

The broader NSE Nifty index ended flat with a positive bias at 24,335.95 while the BSE mid-cap and small-cap indexes ended up 0.2 percent and 0.1 percent, respectively. The market breadth was weak on the BSE, with 2,102 shares declining while 1,824 shares advanced and 128 shares closed unchanged.

Eternal, Tech Mahindra and Reliance Industries all rose around 2 percent while Kotak Mahindra Bank, NTPC, Power Grid Corp, Sun Pharma and UltraTech Cement fell 1-2 percent.

Tata Group company Trent surged 5.8 percent as Q4 profit beat Street estimates. Ambuja Cements dropped 1.8 percent as it reported a 9 percent decline in consolidated net profit for the fourth quarter.

Defense stocks rallied for the second straight session amid heightened tensions along the India-Pakistan border and ahead of a Union Cabinet meeting on Wednesday to discuss security and strategic issues at length.

Paras Defense and Space Technologies soared 20 percent, Data Patterns (India) jumped nearly 15 percent and Bharat Electronics advanced 4 percent.

Swiss Market Ends Moderately Lower

After a positive start and a subsequent mild setback, the Switzerland market recovered and stayed firm till a little past mid afternoon on Thursday, but turned weak and ended the day's session moderately lower. Investors digested the monetary policy moves of the Federal Reserve and the Bank of England, and reports about the U.S. and the U.K. striking a trade deal.

RTTNews | 1h 6min ago

European Stocks Close On Firm Note On Easing Trade Tensions

European stocks closed on a firm note on Thursday with investors reacting to earnings, and news about an impending trade deal between the U.S. and the U.K., and digesting the Bank of England and the Federal Reserve's monetary policy moves.

RTTNews | 1h 27min ago

Canadian Market Firmly Higher; Energy, Consumer Discretionary Stocks Rise

The Canadian market is firmly placed in positive territory a little past noon on Thursday with stocks from energy, communications, healthcare and consumer discretionary sectors contributing to the upmove.

RTTNews | 2h 7min ago

U.S. Wholesale Inventories Climb Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing wholesale inventories in U.S. increased by slightly less than expected in the month of March. The report said wholesale inventories rose by 0.4 percent in March after climbing by an upwardly revised 0.5 percent in February.

RTTNews | 3h 46min ago

U.S. Labor Productivity Decreases For First Time Since 2022

The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs. The report said labor productivity fell by 0.8 percent in the first quarter after jumping by an upwardly revised 1.7 percent in the fourth quarter of 2024.

RTTNews | 4h 20min ago

U.S. Weekly Jobless Claims Dip Slightly More Than Expected

First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 228,000, a decrease of 13,000 from the previous week's unrevised level of 241,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | 4h 26min ago

Bank Of England Cuts Key Rate By 25 Bps Amid Trade Tariff Concerns

The Bank of England reduced its interest rate by a quarter-point on Thursday, as policymakers judged that higher trade tariffs warrant such action amid slowing inflation. In a three-way split, the Monetary Policy Committee, governed by Andrew Bailey, lowered the bank rate to 4.25 percent. This was the fourth such reduction since last August.

RTTNews | 4h 27min ago

Indian Rupee Falls To Near 4-week Low Amid India-Pakistan Tensions

The Indian rupee weakened against the U.S. dollar in the European session on Thursday, as growing concerns over escalating India-Pakistan tensions curbed investors' appetite for risk.

RTTNews | 5h 35min ago

EURUSD	1.12249	GBPUSD	1.32511	AUDUSD	0.63978
USDJPY	145.874	USDCAD	1.39302	USDCHF	0.8313