Sensex, Nifty Rebound From Meltdown

RTTNews | 15天前
Sensex, Nifty Rebound From Meltdown

(RTTNews) - Indian shares bounced back on Tuesday despite signs of rising tensions between the U.S. and China.

China threatened to "resolutely take countermeasures to safeguard its own rights and interests," in response to U.S. President Donald Trump's threat of an additional 50 percent tariff on Chinese imports.

The benchmark 30-share BSE Sensex was up 1,162 points, or 1.6 percent, at 74,299 in early trade after U.S. indexes didn't see a bigger sell-off in Monday's trade. The broader NSE Nifty index was up 384 points, or 1.7 percent, at 22,545.

Titan Company jumped nearly 5 percent after reporting strong business growth in the March 2025 quarter.

Bharat Electronics surged 4 percent on winning a contract worth Rs 2,210 crore from the Ministry of Defense.

Mahindra and Mahindra advanced 1.6 percent after incorporating a new wholly owned subsidiary called Mahindra Advanced Technologies.

Tata Motors rallied 3.4 percent after recent string of losses.

UltraTech, Tata Steel, Axis Bank, SBI, Bajaj FinServ and Adani Ports climbed 3-4 percent.

read more
European Shares Rally As Trump Comments Help Ease Fed, Trade Worries

European Shares Rally As Trump Comments Help Ease Fed, Trade Worries

European stocks rose sharply on Wednesday after U.S. President Donald Trump toned down his rhetoric on Jerome Powell, saying he would like to see him be a little more active in terms of his idea to lower interest rates but have no intention to fire him.
RTTNews | 51分鐘前
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash composite Purchasing Managers' survey from the euro area and the UK are the top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for March. The budget deficit is seen at GBP 15.4 billion compared to GBP 10.7 billion in February.
RTTNews | 4小時28分鐘前
European Shares Set To Rise As Trade Tensions Ease

European Shares Set To Rise As Trade Tensions Ease

European stocks may open on a buoyant note Wednesday as optimism grew over a potential easing of trade tensions between the U.S. and China and U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell, helping calm investor concerns over the Fed's independence.
RTTNews | 4小時29分鐘前
Commodity Currencies Rise Amid Hopes For US-China Trade Deal

Commodity Currencies Rise Amid Hopes For US-China Trade Deal

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Wednesday, after U.S. President Donald Trump said tariffs on China would be trimmed down from the current 145 percent rate. Reports also indicate that Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.
RTTNews | 5小時45分鐘前
Sensex, Nifty Edge Higher; IT Stocks Take Lead

Sensex, Nifty Edge Higher; IT Stocks Take Lead

Indian shares were notably higher in early trade on Wednesday amid hopes of easing trade tensions between the world's two largest economies and as U.S. President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell.
RTTNews | 5小時55分鐘前