Sensex Soars Over 1,000 Points; Nifty Ends Above 23,650

RTTNews | 2 days ago
Stocktwits
Sensex Soars Over 1,000 Points; Nifty Ends Above 23,650

(RTTNews) - Indian shares rose sharply on Monday, adding to last week's rally after U.S. President Donald Trump said there will be "flexibility" on his reciprocal tariff plan and that he would discuss tariffs with Chinese President Xi Jinping.

Geopolitical tensions also eased somewhat as U.S. and Russian officials began talks in Saudi Arabia today aimed at making progress towards a broad ceasefire in Ukraine.

According to reports, Washington is eyeing a separate Black Sea maritime ceasefire deal before securing a wider agreement towards a broad ceasefire in Ukraine.

The benchmark S&P/BSE Sensex jumped 1,078.87 points, or 1.40 percent, to 77,984.38, buoyed by foreign capital inflows and bargain hunting after heavy selling in recent weeks.

The broader NSE Nifty index closed up 307.95 points, or 1.32 percent, at 23,658.35 after rising nearly 4.5 percent in the previous week.

The BSE mid-cap and small-cap indexes climbed 1.3 percent and 1.2 percent, respectively.

The market breadth was positive on the BSE, with 2,502 shares rising while 1,636 shares fell, and 10 shares ended unchanged.

Among the top gainers, HDFC Bank, Larsen & Toubro, Reliance Industries, Bajaj Finance, HCL Technologies, Axis Bank, Bajaj FinServ, Power Grid Corp, Tech Mahindra, SBI, Kotak Mahindra Bank and NTPC surged 2-5 percent.

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 | 5h 6min 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 | 5h 23min 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 | 5h 49min 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 | 7h 15min 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 | 7h 59min 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 | 8h 15min ago
Thai Stock Market Tipped To Open To The Upside

Thai Stock Market Tipped To Open To The Upside

The Thai stock market on Tuesday ended the two-day winning streak in which it had collected almost 10 points or 0.8 percent. The Stock Exchange of Thailand now sits just beneath the 1,185-point plateau although it may tick higher again on Wednesday.
RTTNews | 8h 41min ago
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