Sensex, Nifty Surge On US Tariff Reprieve

RTTNews | 56 dias atrás
Sensex, Nifty Surge On US Tariff Reprieve

(RTTNews) - Indian shares opened on a buoyant note Tuesday following a surprise U.S. tariff exemption of smartphones and computers, as well as other devices and components.

The benchmark S&P/BSE Sensex was up 1,524 points, or over 2 percent, at 76,681 in early trade while the broader NSE Nifty index was up 450 points, or 2 percent, at 23,279.

Tata Power Company rallied 3 percent after its subsidiary bagged a Rs. 4,500 crore order from NTPC.

Indian Hotels Company surged 3.1 percent after an announcement that it is expanding its footprint to 380 hotels in FY25.

HCL Technologies advanced 1.6 percent after integrating NVIDIA AI Enterprise with its GenAI-led service transformation platform, AI Force, and NVIDIA Omniverse with its physical AI solution, SmartTwin.

Zydus Lifesciences rose 1.3 percent on receiving final approval from the U.S.FDA to manufacture Jaythari (Deflazacort) tablets.

IRCON soared 4 percent on bagging a work order worth Rs 127.8 crore from Northwestern Railway.

Ashoka Buildcon jumped nearly 5 percent after it emerged as the lowest bidder for a project worth Rs 568.86 crore awarded by Central Railway.

Ahluwalia Contracts (India) also gained 5 percent on winning a residential project worth Rs 396.5 crore in Uttar Pradesh from Godrej Properties.

read more
CAC 40 Down Marginally In Cautious Trade

CAC 40 Down Marginally In Cautious Trade

French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.
RTTNews | 25 minutos atrás
Sensex, Nifty End Choppy Session Narrowly Mixed

Sensex, Nifty End Choppy Session Narrowly Mixed

Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.
RTTNews | 1h 8min atrás
Yen Recovers Amid BoJ Rate Hike Speculation

Yen Recovers Amid BoJ Rate Hike Speculation

The Japanese yen recovered from early lows against other major currencies in the European session on Tuesday, as traders speculate that the Bank of Japan (BoJ) will hike interest rates this year.
RTTNews | 1h 29min atrás
UK Jobless Rate Rises; Wage Growth Softens

UK Jobless Rate Rises; Wage Growth Softens

The UK unemployment rate rose slightly in the three months to April period and wage growth softened as the rise in social security contribution and the minimum wage started to weigh on the labor market activity. The ILO jobless rate rose to 4.6 percent in the three months to April, as expected, from 4.5 percent in the three months to March, data from the Office for National Statistics revealed T
RTTNews | 1h 54min atrás
Asian Shares Rise As US-China Talks Gather Momentum

Asian Shares Rise As US-China Talks Gather Momentum

Asian stocks advanced on Tuesday ahead of a second day of talks in London between China and the U.S. to resolve tariff disputes and strengthen economic relations. U.S. officials expressed optimism after the first day of negotiations, boosting investor sentiment.
RTTNews | 2h 48min atrás
Pound Slides On Weak U.K. Employment Data

Pound Slides On Weak U.K. Employment Data

The British pound weakened against other major currencies in the early European session on Tuesday, after the U.K. unemployment rate rose slightly in the three months to April period.
RTTNews | 3h 44min atrás