Stock Market LIVE Updates: Auto index up 3%; Samvardhana Motherson, TaMo rally up to 10%; here’s why
LIVE Stock Market Updates: Following reports that US President Donald Trump may grant tariff exemptions on imported vehicles and parts, giving automakers more time to establish US-based production facilities, automobile and related stocks saw a significant rally of up to 8% on the National Stock Exchange (NSE) during Tuesday’s intra-day trade.
By 09:20 AM, the Nifty Auto index had risen 3%, surpassing the Nifty 50’s 2% increase and becoming the best-performing sectors index.
Stock Market LIVE Updates: 10 am market update – Sensex, Nifty trade higher
LIVE Stock Market Updates: Tuesday’s upward trading of the Indian main equity indices, the BSE Sensex and Nifty50, is following advances in international markets following US President Donald Trump’s announcement of further tariff-related exemptions last week, with the prospect of further relief in the future.
The BSE Sensex was up 1,586.31 points, or 2.11 percent, at 76,743.57 at 10 AM, while the Nifty50 was up 486.90 points, or 2.13 percent, at 23,315.45.
Stock Market LIVE Updates: Indian Rupee opens at 85.87/$; Gains 17 paise on hopes of tariff relief
LIVE Stock Market Updates: Following US President Donald Trump’s suggestion of possible tariff relief for consumer electronics and auto parts, the Indian rupee started the week higher and dropped back below the 86 mark.
According to Bloomberg statistics, the domestic currency opened at 85.87 against the US dollar, up 17 paise from its Friday finish of 86.05. This comes after last Friday’s biggest one-day rise in more than two years.
Stock Market LIVE Updates: NSE broader markets heat map – Mid, Smallcap indices gain
Stock Market LIVE Updates: What next for Nifty post 1,100-pt recovery? Sensex needs to hold this level
Will the Nifty and Sensex maintain their current pace or make more gains? This is a technical market forecast for the coming week.