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Extending its previous day’s rally, the 30-share index jumped 655.04 points or 0.90% to settle at 73,651.35. File. | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty ended the last day of trade of the 2023-24 fiscal on a bullish note on March 27, driven by heavy buying in power, auto and banking…
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The rupee depreciated 6 paise to settle at 83.39 (provisional) against the U.S. dollar on March 28. File | Photo Credit: Nagara Gopal The rupee depreciated 6 paise to settle at 83.39 (provisional) against the U.S. dollar on March 28 due to a strengthening greenback against major rivals overseas and rising crude oil prices in…
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Billionaire Gautam Adani-led group on March 28 announced the start of the first phase of the world’s largest single-location copper manufacturing plant at Mundra in Gujarat, which will help cut India’s dependence on imports and aid energy transition. Kutch Copper, a subsidiary of group’s flagship firm Adani Enterprises Ltd, “commissioned the first phase” of $1.2…
Read More “Adani starts $1.2 billion copper plant; to boost India’s metal production” »
Representational image of share brokers watching stock prices at BSE Sensex and NSE Nifty at Calcutta Stock Exchange in Kolkata | Photo Credit: PTI Benchmark equity indices climbed in early trade on Thursday, extending their previous day’s rally, on foreign fund inflows and positive trend in the U.S. markets. The 30-share BSE Sensex climbed 342.48…
Representational image of U.S. dollar notes | Photo Credit: Reuters The rupee turned flat at 83.33 against the U.S. dollar in early trade on Thursday amid a strong American currency and higher crude oil prices. Forex traders said the positive equity markets and inflow of foreign funds resisted the fall in the Indian currency. At…
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The rupee declined by 7 paise to close at 83.36 (provisional) against the U.S. dollar on March 27, tracking a strong American currency against major rivals overseas and weak Asian peers. File. | Photo Credit: R. Ragu The rupee declined by 7 paise to close at 83.36 (provisional) against the U.S. dollar on March 27,…
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Benchmark equity indices Sensex and Nifty rebounded sharply on Wednesday following heavy buying in index majors Reliance Industries and HDFC Bank. The 30-share BSE Sensex climbed 526.01 points or 0.73% to settle at 72,996.31. During the day, it jumped 668.43 points or 0.92% to 73,138.73. The NSE Nifty went up by 118.95 points or 0.54%…
Read More “Sensex, Nifty rebound on heavy buying in Reliance Industries, HDFC Bank” »
A laborer carries a sack of vegetables in Lucknow, Uttar Pradesh. File photo for representational purpose only. | Photo Credit: AP The Indian economy has demonstrated resilience in the wake of the COVID-19 pandemic, with the average real GDP growth surging to 8.1 per cent, a substantial increase from the 5.7 per cent growth witnessed…
Read More “Maharashtra, Uttar Pradesh spearhead India’s post-pandemic growth: SBI report” »
Share brokers watching the movement of stock prices. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesdauy, March 27, 2024,. supported by buying in index majors Reliance Industries and Maruti. The 30-share BSE Sensex climbed 270.18 points to 72,740.48 in early trade. The NSE Nifty went up by…
Read More “Sensex, Nifty rebound in early trade led by Reliance Industries” »
On Tuesday, the rupee recovered from all-time low levels and appreciated 32 paise to close at 83.29 against the U.S. dollar. File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the U.S. dollar in early trade on March 27, as the support from positive domestic equities was negated by…
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