Stock Market Live Update: Nifty, Sensex Trade Higher At Pre-Open
At pre-open, the NSE Nifty 50 was 2.36% higher at 23,368.35, and BSE Sensex were trading 2.23% higher at 76,836.46.
Yield On The 10-Year Bond Opens Lower
The yield on the 10-year bond opened 3 basis points lower at 6.41%. It ended at 6.44% on Friday, according to data on Bloomberg.
Rupee Opens Above 86 Against US Dollar
Rupee strengthened 20 paise to open at 85.85 against US dollar. It ended at 86.05 a dollar on Friday, according to data on Bloomberg.
Stock Market Live Update: Satin Creditcare Network Implements Cap On Number Of Microfinance Lenders
Satin Creditcare Network has implemented a cap of 3 on the number of microfinance lenders its customers can borrow from. This move aims to promote responsible borrowing and reduce debt burden on customers, aligning with regulatory guidelines for microfinance institutions.
Stock Market Today: RattanIndia Enterprises’s Portfolio Company Starts Operating In Nepal
RattanIndia Enterprises’ portfolio company Revolt Motors has started its operations in Nepal with the launch of its first dealership in Kathmandu. This expansion marks the company’s entry into the Nepalese market, aiming to cater to the growing demand for electric vehicles.
Stock Market Today: Biocon Biologics Signs Settlement & License Agreement With Regeneron Arm
Biocon Biologics, a subsidiary of Biocon, has signed a settlement and license agreement with a Regeneron arm. The agreement allows for the commercialization of Yesafili, a biosimilar used to treat ophthalmology conditions, in the US market. This partnership is expected to benefit patients by increasing access to affordable treatment options.
Stock Market Live Update: Poonawalla Fincorp Launches Gold Loan Business
Poonawalla Fincorp has launched a gold loan business plan to expand its presence in Tier-II and Tier-III cities. The company plans to open 400 new branches in a phased manner over the next four quarters, aiming to strengthen its footprint and increase its market share in the gold loan segment.
Stock Market Live: IDFC First Bank To Consider Preferential Issue On Thursday
IDFC First Bank’s board of directors will consider a preferential issue on April 17. The decision is expected to be taken during the board meeting, subject to regulatory approvals and other necessary clearances.
Gold Trades Shy Of Record High As Trader Assess US Tariff Outlook
Gold prices were trading just shy of record high in Tuesday’s session as traders assess mixed messages from the US regarding tariff. Late Friday, US announced exemption for consumer electronics, and Monday, it launched probe in pharmaceutical and semiconductor imports.
The Gold spot was trading 0.29% higher at $3,220.13 an ounce. In Monday’s session, it touched the record high of $3,245 an ounce.
Oil Prices Extend Gains To Third Session
Oil prices extended gains to third session as traders hope for looser tariff restrictions from the US after exemptions. They also hope for light restriction on Iranian oil supply given the US and Iran concluded first round of discussion on nuclear power constructive.
The brent crude was trading 0.20% higher at $65.01 a barrel as of 7:45 a.m.
Asia Market Update: Japan’s Nikkei Rises Over 1%
Markets in Japan, South Korea, and Australia were trading higher Tuesday morning, tracking an overnight rally in stocks on Wall Street. The Nikkei 225 and KOSPI indices were trading 1.14% and 0.67% higher, respectively. The S&P ASX 200 was trading 0.41% higher as of 7:13 a.m.
US Market Update: End Higher As Technology Stocks Rise Following Trump’s Exemption
US share indices ended higher on Monday tracking gains in technology stocks as the US President Donald Trump provided exemption to consumer electronics, and automobile components. Th US announced exemption for smartphones, Computer, hard drives, computer processors, chips, and semiconductors late Friday.
The Dow Jones Industrial Average and S&P 500 ended 0.78% and 0.79% higher, respectively. The Nasdaq Composite ended 0.64% higher.
GIFT Nifty Implies Muted Open; ICICI Bank, HCLTech, Zydus Life Share Prices In Focus
The GIFT Nifty was indicating a muted start for Indian benchmarks on Tuesday. ICICI Bank Ltd., HCLTech Ltd., and Zydus Lifesciences Ltd. share prices are expected to move because of the news flow over the weekend.
The GIFT Nifty was trading 0.01% or 1.50 points higher at 23,304.00 as of 6:42 a.m.
The benchmark equity indices reversed their single-session decline on Friday as the trade war between the US and China intensified.
The Nifty ended 429.40 points, or 1.92%, higher at 22,828.55, while the BSE Sensex closed 1,310.11 points, or 1.77%, up at 75,157.26 after witnessing a volatile week.
. Read more on Markets by NDTV Profit.The NSE Nifty IT may rise in Tuesday’s session as the US President Donald Trump granted exemption to certain electronic products and components. Track live updates about stock market here on April 15. Read MoreMarkets, Notifications
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