Sensex, Nifty End Marginally Higher In Cautious Trade

RTTNews | 4h 38min ago

(RTTNews) - Indian shares fluctuated before ending little changed on Tuesday as tensions between India and Pakistan threatened to spiral into open armed conflict.

Global cues were mixed due to tariff-related worries and fears of an U.S. economic slowdown.

The White House has confirmed President Trump's plan to reduce tariffs on auto parts for cars made in America following intense lobbying by industrial leaders.

At the same time, U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries.

China vowed to stand firm and said that concession and retreat will only make the bully more aggressive.

The benchmark 30-share BSE Sensex ended 0.09 percent higher at 80,288.36, giving up some early gains.

The broader NSE Nifty index ended flat with a positive bias at 24,335.95 while the BSE mid-cap and small-cap indexes ended up 0.2 percent and 0.1 percent, respectively. The market breadth was weak on the BSE, with 2,102 shares declining while 1,824 shares advanced and 128 shares closed unchanged.

Eternal, Tech Mahindra and Reliance Industries all rose around 2 percent while Kotak Mahindra Bank, NTPC, Power Grid Corp, Sun Pharma and UltraTech Cement fell 1-2 percent.

Tata Group company Trent surged 5.8 percent as Q4 profit beat Street estimates. Ambuja Cements dropped 1.8 percent as it reported a 9 percent decline in consolidated net profit for the fourth quarter.

Defense stocks rallied for the second straight session amid heightened tensions along the India-Pakistan border and ahead of a Union Cabinet meeting on Wednesday to discuss security and strategic issues at length.

Paras Defense and Space Technologies soared 20 percent, Data Patterns (India) jumped nearly 15 percent and Bharat Electronics advanced 4 percent.

U.S. Consumer Confidence Slumps More Than Expected In April

Largely reflecting a significant deterioration by consumer expectations, the Conference Board released a report on Tuesday showing its U.S. consumer confidence index slumped by more than expected in the month of April. The Conference Board said its consumer confidence index plunged to 86.0 in April from an upwardly revised 93.9 in March.

RTTNews | 36 minutes ago

U.S. Job Openings Decrease More Than Expected In March

The Labor Department released a report on Tuesday showing job openings in the U.S. fell by more than expected in the month of March.

RTTNews | 48 minutes ago

Bay Street May Open Slightly Higher

Higher Canadian futures point to a slightly positive start on Bay Street Tuesday morning. The victory of Mark Carney in the Canadian general election and easing concerns about U.S. tariffs may also support the market. However, weak crude oil and gold prices may weigh on sentiment and limit market's upside.

RTTNews | 2h 23min ago

Eurozone Economic Sentiment At 4-Month Low

Euro area economic confidence weakened more than expected to a four-month low in April largely due to the trade tariff threats, survey data from the European Commission showed on Tuesday. The economic sentiment index declined to 93.6 in April from 95.0 in the previous month. The score was forecast to fall to 94.5.

RTTNews | 3h 4min ago

FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session

The UK market is up in positive territory in early afternoon trades on Tuesday, extending gains to a 12th straight session. Easing concerns about U.S. tariffs contribute to the positive sentiment in the market. Investors are also digesting a slew of quarterly earnings announcements.

RTTNews | 3h 5min ago

CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

French stocks are mostly subdued on Tuesday with investors making cautious moves while awaiting some key corporate earnings updates this week. The market climbed higher earlier in the session as reports emerged that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars.

RTTNews | 3h 34min ago

DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment

German stocks are up firmly in positive territory on Tuesday with investors reacting to a slew of corporate earnings announcements. Easing concerns about U.S. tariffs, and data showing an improvement in German consumer sentiment contribute as well to the positive sentiment in the market.

RTTNews | 4h 28min ago

Spain GDP Growth Softens; Inflation Eases

Spain's economic growth slowed marginally in the first quarter and inflation weakened in April on lower gas and electricity prices, official data showed on Tuesday. Gross domestic product expanded 0.6 percent in the first quarter, which was slightly slower than the revised 0.7 percent growth posted a quarter ago, the preliminary data from the statistical office INE showed.

RTTNews | 4h 51min ago

EURUSD	1.13842	GBPUSD	1.33898	AUDUSD	0.6382
USDJPY	142.355	USDCAD	1.38665	USDCHF	0.82418

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Sensex, Nifty End Marginally Higher In Cautious Trade