Argentine World Cup-winner Lionel Messi revealed that he'd prefer to win another FIFA WC title over adding another to his Ballon d'Or achievement in a heartbeat. Messi, the eight-time Ballon d'Or winner, claimed the biggest prize in international football in Qatar 2022 and revealed that doubling
Sensex Ends 567 Points Higher, Nifty Above 25,950; Airtel Rises 3%, SBI 2%
Sensex Ends 567 Points Higher, Nifty Above 25,950; Airtel Rises 3%, SBI 2%
Sensex Today: After pausing a six-session rally on Friday, Indian equity benchmarks resumed their upward momentum on Monday amid optimism over an imminent US-China trade deal. Softer-than-expected US inflation data also boosted hopes of two more rate cuts in 2025.
The BSE Sensex gained 566.96 points, or 0.67%, to close at 84,778.84, while the NSE Nifty50 advanced 170.9 points, or 0.67%, to end at 25,966.05.
The rally followed US Treasury Secretary Scott Bessen's comments on Sunday that President Trump's proposed 100% tariffs on Chinese goods were “off the table," with China agreeing to increase soybean imports and delay rare earth export restrictions.
In the broader market, the Nifty MidCap and Nifty SmallCap indices rose 0.93% and 0.82%, respectively.
Global cues
Asian markets opened strong on Monday, tracking Wall Street's record rally and optimism over progress in US-China trade negotiations. Japan's Nikkei 225 surged past the 50,000 mark for the first time, rising over 2%, while the broader Topix index advanced 1.52%. Prime Minister Sanae Takaichi is expected to meet US President Donald Trump in Tokyo later this week, further fueling optimism.
Elsewhere in Asia, South Korea's Kospi jumped 1.99% following Friday's record close, and Australia's ASX 200 gained 0.49%.
Swipe Left For Next Video
The regional rally came after reports suggested that US and Chinese negotiators had reached a framework agreement to resolve major trade disputes. According to US Treasury Secretary Scott Bessent, President Trump's proposed 100% tariffs on Chinese goods are now “off the table," while China has agreed to increase soybean imports and delay restrictions on rare earth exports.
On Wall Street, all three major indices — the Dow Jones, S&P 500, and Nasdaq — ended Friday at record highs as easing inflation strengthened expectations of further interest rate cuts by the Federal Reserve. The Dow closed above 47,000 for the first time, while investors now await Big Tech earnings and the Fed's upcoming policy decision for further direction.
Source: News18
Related Posts: Modi Govt Kicks Off Mega Dam Project On Chenab After Pausing Indus Treaty With Pakistan Stock markets trade higher in early session tracking rally in Asian peers Equity markets fall in early trade after six-day rally Sensex jumps 567 points amid global stocks rally on hopes of U Nifty, Sensex Continue Rally For Second Week Despite FII Outflows Are banks open or closed today to mark 1st Friday after Eid-i-Milad-ul-Nabi Sensex Settles 148 Points Lower After Choppy Session Sensex Ends 250 Points Lower After Volatile Session US tariffs forcing companies to cut back on Black Friday Deals Google gives four ways to track Black Friday and Cyber Monday deals using Gemini
Argentine World Cup-winner Lionel Messi revealed that he'd prefer to win another FIFA WC title over adding another to his Ballon d'Or achievement in a heartbeat. Messi, the eight-time Ballon d'Or winner, claimed the biggest prize in international football in Qatar 2022 and revealed that doubling
3 months ago
