Sensex, Nifty Open Higher On Tariff Relief Hopes

RTTNews | 2 days ago
Stocktwits
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.

Stocktwits
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European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks may open flat to slightly higher on Wednesday as investors react to Black Sea maritime security deals struck by the U.S. in the war in Ukraine and await more clarity on U.S. President's Donald Trump's trade policy ahead of a new round of tariffs set to take effect next week.
RTTNews | 6h 9min ago
Australia Inflation Eases Slightly In February

Australia Inflation Eases Slightly In February

Australia consumer price inflation softened unexpectedly in February, raising hopes of another interest rate cut in coming months. The monthly consumer price index rose 2.4 percent year-on-year in February, after holding steady at 2.5 percent in the previous two months, the Australian Bureau of Statistics reported Wednesday.
RTTNews | 6h 26min ago
European Economic News Preview: UK Chancellor To Deliver Spring Statement

European Economic News Preview: UK Chancellor To Deliver Spring Statement

The UK Chancellor of the Exchequer will deliver the Spring Statement in the House of Commons on Wednesday. Markets expect Chancellor Rachel Reeves to tighten the fiscal policy by GBP 10 billion. Reeves is likely to reduce spending plans instead of introducing new tax hikes.
RTTNews | 6h 52min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid optimism about earlier interest rate cuts by the US Fed after US consumer confidence deteriorated by more than expected in the month of March. Traders are also optimistic about some tariff exemptions by the US as they seek greater clarity on the next round of tariffs.
RTTNews | 8h 18min ago
Australian Market Maintains Early Gains In Mid-market

Australian Market Maintains Early Gains In Mid-market

The Australian stock market is maintaining its early gains in mid-market trading on Wednesday, extending the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving a tad above the 8,000 mark, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.
RTTNews | 9h 2min ago
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares may open a tad higher on Wednesday, mirroring firm cues from global markets despite signs of waning U.S. consumer confidence.
RTTNews | 9h 18min ago
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