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- Aramco CEO among business leaders urged by China's Xi to protect trade as Trump tariffs loom
- Oil Updates - crude set to rise for 3rd week on Venezuela, Iran pressure
- M&A deals in Saudi Arabia rise in sign of foreign investor confidence: Marsh
- Saudi maritime industry spurring global trade shift
- Saudi Crown Prince issues directives to curb rising land prices and rents in Riyadh
- Closing Bell: Saudi main index closes in green at 12,025
- Saudi Arabia's job market strengthens as unemployment falls to 7% in Q4 2024
- UAE unveils new dirham symbol and digital currency
- Oil Updates - crude holds near 1-month high, set for 3rd week of gains amid supply woes
- Qatar Islamic Insurance Group AGM proposes cash dividend of 50% of paid-up capital
03/03/2010 00:00 AST
Automobile and metal stocks helped the Sensex, the Bombay Stock Exchange's benchmark 30-share index, rise about 2 per cent on Tuesday after a three-day post-Budget break, with foreign investor inflows and firm global markets adding to general market approval for Pranab Mukherjee's 2010-11 Budget.
The gains were led by Tata Motors, Tata Steel, Hindalco, ICICI Bank and ITC, in anticipation of an expansion in consumer demand after the finance minister rejigged tax slabs to raise disposable incomes. Shares of auto companies, in particular, jumped on reports of record monthly sales in February.
Most realty stocks, including DLF, India's largest listed realtor, bucked the trend on concerns of service tax impositions announced in the Budget.
The BSE Sensex rose 343 points or 2.1 per cent to close at 16,772 and the broader 50-share S&P CNX Nifty of the National Stock Exchange (NSE) was up 95 points or 1.92 per cent to close at 5,017.
Mid- and small-cap indexes were up 2.20 and 2.33 per cent on BSE respectively, portraying a broad market rally.
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Business Standard
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
27/03/2025
President Donald Trump signed a proclamation to implement a 25 per cent tariff on auto imports, expanding a trade war designed to bring more manufacturing jobs to the US and setting the stage for an
Bloomberg
26/03/2025
Oil prices were little changed on Tuesday as markets weighed the impact of newly announced US tariffs on countries that buy Venezuelan oil and the uncertain outlook for global demand.
Brent
Reuters
25/03/2025
Global energy demand saw an above-average annual rise of 2.2 percent in 2024, fueled by rising electricity consumption and growth in emerging economies, according to a new report.
Analysis b
Arab News
24/03/2025
Global economic growth is expected to average around 3.1 percent in the next five years, below the pre-pandemic level of 3.7 percent, according to an International Monetary Fund official.
Sp
Arab News
24/03/2025
Global borrowing hit a record $25 trillion in 2024, a $10 trillion surge from pre-pandemic levels, sparking concerns over sustainability, a new report showed.
The Organization for Economic C
Arab News
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