Sensex, Nifty Open Higher On Tariff Relief Hopes

RTTNews | 52 gün önce
Sensex, Nifty Open Higher On Tariff Relief Hopes

(RTTNews) - Indian shares opened on a positive note Monday after U.S. President Donald Trump indicated he'd retain 'flexibility' when it comes to a reciprocal tariff plan expected on April 2.

The benchmark S&P/BSE Sensex jumped 522 points, or 0.7 percent, to 77,421 in early trade while the broader NSE Nifty index was up 153 points, or 0.7 percent, at 23,503.

Among the top gainers, Sun Pharma, Axis Bank, NTPC, Kotak Mahindra Bank and Power Grid Corp were up 1-2 percent.

Larsen & Toubro rallied 2.3 percent as it announced the elevation of Subramanian Sarma as Deputy Managing Director and President, effective April 2, 2025.

Reliance Industries gained 1 percent after buying a 74 percent stake in Nauyaan Shipyard (NSPL) from Welspun Corp for Rs 382.73 crore.

NCC jumped 3 percent on securing a Letter of Award (LoA) worth Rs 1,480.34 crore from Bihar Medical Services and Infrastructure Corporation.

read more
Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to slip 0.1 percent on quarter and 0.2 percent on year after adding 0.6 percent on quarter and 2.2 percent on year in the three month prior.
RTTNews | 38 dakika önce
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against its major counterparts in the New York session on Thursday.
RTTNews | 3s 17 dakika önce
Swiss Market Shrugs Off Weak Start, Ends On Firm Note

Swiss Market Shrugs Off Weak Start, Ends On Firm Note

After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note. Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
RTTNews | 4s 59 dakika önce
Major European Markets Recover After Early Setback, Close On Firm Note

Major European Markets Recover After Early Setback, Close On Firm Note

Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
RTTNews | 5s 17 dakika önce
U.S. Business Inventories Inch Up Slightly Less Than Expected In March

U.S. Business Inventories Inch Up Slightly Less Than Expected In March

The Commerce Department released a report on Thursday showing a slight increase by U.S. business inventories in the month of March. The report said business inventories crept up by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected business inventories to rise by another 0.2 percent.
RTTNews | 6s 32 dakika önce
TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

TSX Rises For 8th Straight Session, Looks Set To Scale New Peak

The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.
RTTNews | 6s 36 dakika önce
U.S. Homebuilder Confidence Unexpectedly Slumps In May

U.S. Homebuilder Confidence Unexpectedly Slumps In May

Reflecting growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook, the National Association of Home Builders released a report on Thursday showing an unexpected slump by U.S. homebuilder confidence in the month of May.
RTTNews | 6s 47 dakika önce