US President Donald Trump blocked Singapore-based Broadcom's $140 billion bid for rival US chipmaker Qualcomm on grounds of national security saying he's 'credible evidence'.
Trump on Thursday called for tariffs of 25 per cent on steel imports and 10 per cent on aluminium products, a move he said would bolster those industries domestically, which evoked criticism by international trading partners who said Trump's plan could spark a trade war.
Tech major VM Ware has already established its presence in the banking and government institutions in India and now is bullish on the vast telecom sector to further fuel its growth.
Around 1 p.m., the 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,208.11 points, traded at 34,538.91 points -- up 456.20 points or 1.34 per cent from its previous session's close.The wider Nifty50 of the National Stock Exchange (NSE) edged higher by 132.40 points or 1.26 per cent to trade at 10,609.10 points.