Sensex, Nifty Modestly Higher; Auto Stocks Climb

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Sensex, Nifty Modestly Higher; Auto Stocks Climb

(RTTNews) - Indian shares traded slightly higher on Tuesday, tracking firm cues from global markets.

A cautious undertone prevailed as investors awaited the Fed policy meeting and the release of latest U.S. jobs report this week for additional cues on the Fed's rate trajectory.

The benchmark S&P BSE Sensex was up 162 points, or 0.2 percent, at 74,833 in early trade while the broader NSE Nifty index edged up by 76 points, or 0.3 percent, to 22,720.

Auto stocks traded higher, with Mahindra & Mahindra surging over 4 percent after launching the 3X0 in India.

Maruti Suzuki India, Bajaj Auto and Hero Moto Corp all rose around 2 percent.

Ultratech Cement rose 0.7 percent on reporting a 35 percent rise in Q4 net profit.

Tata Chemicals fell 2.1 percent after it posted Rs 841-crore net loss in the fourth quarter ended March.

KEC International rallied 2.7 percent on bagging orders worth Rs. 1,036 cores in India and abroad.

Poonawalla Fincorp climbed 1.1 percent after profit jumped 84 percent year-on-year in the fourth quarter of fiscal 2024.

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European Shares Seen Opening Up Ahead Of Fed Meeting

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Australian Market Trims Early Gains In Mid-market

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

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Thai Shares May Crack Resistance At 1,300 Points

Thai Shares May Crack Resistance At 1,300 Points

The Thai stock market has moved higher in seven straight sessions, adding more than 45 points or 3.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau and it may tick higher again on Tuesday.
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Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher in post-holiday trading on Tuesday after opening well in the green, and briefly slipping in to the red, recouping the losses in the previous session, following the positive cues from Wall Street overnight. The Nikkei 225 is moving above the 44,800 level, with gains in automakers and technology stocks partially offset by weakness in financial stocks.
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