Sensex, Nifty Open Higher As Tariff Worries Ease
(RTTNews) - Indian shares were sharply higher in early trade on Tuesday and the rupee opened higher after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China.
The benchmark S&P/BSE Sensex was up 720 points, or 0.9 percent, at 77,906 while the broader NSE Nifty index jumped 196 points, or 0.8 percent, to 23,557.
ONGC, Tata Motors, Larsen & Toubro, BEL and Hindalco surged 2-4 percent while Tata Group's retail arm Trent slumped nearly 5 percent, leading losses in the Nifty pack.
ITC Hotels, Nestle India, Britannia Industries and Hindustan Unilever all fell over 1 percent.
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Spain Unemployment Rises Less Than Forecast
Spain's unemployment increased less than expected in January and also hit the lowest level for the month in 17 years as the economy continued to exhibit robust growth, official data showed on Tuesday. The number of people out of work increased 38,725 in January from the previous month, the labor ministry said.
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Před 5 h 32 min
European Shares Slide As Trade War Fears Mount
European shares declined on Tuesday as new U.S. tariffs of 10 percent on Chinese imports took effect and China announced retaliatory tariffs and export controls, raising fears of a trade war between the world's two largest economies.
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Před 5 h 56 min
Asian Shares Pare Early Gains As China Retaliates With Tariffs On US Goods
Asian stocks gave up some early gains but still ended higher on Tuesday as China slapped tariffs on U.S. imports in a rapid response to a 10 percent trade duty imposed by the Trump administration on Chinese goods, which took effect from 00:00 ET today.
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Před 6 h 21 min
Commodity Currencies Advance After Trump's Tariff Delay
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders reacted positively to U.S. President Donald Trump's latest decision to delay imposing the planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the U.S. Fed to keep interest rates on hold for longer.
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Před 8 h 2 min
Canadian Dollar Advances Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Před 8 h 33 min
European Shares Seen Opening Up After Trump's Tariff Delay
European stocks may open on a firm note Tuesday after U.S. President Donald Trump struck deals to delay 25 percent import taxes on Canada and Mexico for 30 days, helping avert a trade war for now.
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Před 9 h 29 min
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday.
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Před 9 h 35 min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Před 9 h 41 min
