Sensex, Nifty Surge As Israel-Iran Truce Holds

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Sensex, Nifty Surge As Israel-Iran Truce Holds

(RTTNews) - Indian shares opened on a strong note Wednesday as the Iran-Israel cease-fire appears to hold in the Middle East and Federal Reserve Chair Jerome Powell said "many paths are possible" for monetary policy, opening the door to an earlier rate cut.

The benchmark S&P/BSE Sensex surged 530 points, or 0.7 percent, to 82,585 in early trade while the broader NSE Nifty index was up 154 points, or 0.6 percent, at 25,199.

Among the top gainers, Bharti Airtel, Trent, Eternal, Hindustan Unilever, Bajaj Finance, Reliance Industries, HCL Technologies, Infosys and Titan Company shares were up 1-2 percent.

Vodafone Idea rose nearly 2 percent despite denying reports of Rs. 84,000 crore AGR relief from the government.

IRCTC gained 1 percent on reports there will be hike in passenger fares from July 1.

Hindustan Aeronautics declined 1.5 percent. The company's chairman said that the Indian Air Force will receive at least six Tejas Light Combat Aircraft (LCA) by March 2026.

Tata Motors was little changed. Media reports suggest that its JLR unit based in the U.K. is facing a possible financial impact of £1.6 billion as a result of new tariffs proposed by U.S. President Donald Trump.

Union Bank of India fell about 1 percent as the government downgraded its Executive Director Pankaj Dwivedi to the position of General Manager.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 1h 53minuter sedan
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
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Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
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Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 3h 59minuter sedan
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 4h 7minuter sedan