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Nifty, Sensex rise as U.S.-China trade war truce boosts commodities


By Tanvi Mehta(Reuters) - Indian shares began the last month of 2018 higher on Monday, tracking upbeat mood in broader Asian markets as truce talks between U.S. and Chinese leaders at the G20 summit boosted sentiment in commodity and IT stocks. China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating as the two sides try again to bridge their differences with fresh talks aimed at reaching a deal within 90 days. Oil prices surged nearly five percent. "Truce talks are a big relief for China. There isn't much for India, it's more of a ...

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First Published: Mon, December 03 2018. 11:05 IST