Sensex, Nifty Rally As Yields Dip On Weak US Data

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Sensex, Nifty Rally As Yields Dip On Weak US Data

(RTTNews) - Indian shares opened on a strong note Friday as signs of a cooling U.S. economy pressured bond yields and bolstered expectations of potential rate cuts by the Federal Reserve.

Investors also cheered Modi government's interim budget that outlined plans to narrow the fiscal deficit in fiscal 2025.

The benchmark S&P BSE Sensex soared 780 points, or 1.1 percent, to 72,415 in early trade while the broader NSE Nifty index was up 245 points, or 1.1 percent, at 21,942.

Adani Ports jumped nearly 5 percent after Q3 earnings beat estimates.

Dr Reddy's Laboratories rose about 1 percent to extend gains from the previous session after reporting better-than-expected December quarter results.

TCS advanced 1.7 percent on reports it has linked promotions and variable payouts to compliance with the return-to-office mandate.

Voltas added half a percent after reporting mixed Q3 results.

Policybazaar parent firm PB Fintech declined 0.7 percent after Singaporean investment fund Temasek Holdings offloaded its entire stake in the company for Rs. 2,425 crores through open market transactions.

Coromandel International gained 0.6 percent after its board approved a plan to set up a phosphoric acid plant at its Kakinada unit.

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European Shares Seen Higher At Open

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Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

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European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

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Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | 4h 19minuter sedan
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
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