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Sensex, Nifty Extend Gains; IT Stocks Surge

RTTNews | 56 days ago

Sensex, Nifty Extend Gains; IT Stocks Surge

(RTTNews) - Indian shares opened higher on Tuesday to extend recent gains on hopes for relief on U.S. tariffs set to be announced next week.

The benchmark 30-share BSE Sensex jumped 480 points, or 0.6 percent, to 78,46 in early trade while the broader NSE index was up 132 points, or 0.6 percent, at 23,790.

Bajaj FinServ, TCS, Infosys and UltraTech rose 2-3 percent while IndusInd Bank and Zomato fell over 1 percent each.

Power Grid Corp rose about 1 percent after acquiring Banaskantha Transco Limited.

HCL Technologies rallied 2 percent after forming a strategic partnership with Western Union.

Hyundai Motor India shares fell 1.3 percent. The company has announced an investment of up to Rs. 694 crores for setting up and managing a Tooling Centre in India.

RVNL rose 1.2 percent as it emerged as the lowest bidder for a Central Railway project valued at Rs. 115.79 crore.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.

RTTNews | 5h 46min ago

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.

RTTNews | 6h 34min ago

European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.

RTTNews | 6h 54min ago

TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.

RTTNews | 8h 25min ago

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.

RTTNews | 9h 25min ago

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | 11h 55min ago

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | 12h 21min ago

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | 13h 9min ago

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