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Tag: Brent crude

Rupee falls five paise to 83.49 against U.S. dollar

Posted on June 6, 2024 By admin
Rupee falls five paise to 83.49 against U.S. dollar

On June 6, the Rupee settled seven paise higher at 83.44 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to settle at 83.49 (provisional) against the U.S. dollar on June 6 due to foreign capital outflows and rising crude oil prices overseas. Forex traders said a weak American currency and…

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Business

Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

Posted on June 5, 2024 By admin
Investors become richer by ₹13.22 lakh crore as markets bounce back after rout

All the 30 Sensex companies ended in the green, with IndusInd Bank jumping nearly 8%. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Hindustan Unilever and JSW Steel also emerged big gainers. | Photo Credit: Reuters A day after facing massive erosion from their wealth, equity investors became richer…

Read More “Investors become richer by ₹13.22 lakh crore as markets bounce back after rout” »

Business

Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

Posted on May 30, 2024 By admin
Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

From the Sensex firms, Tata Steel, JSW Steel, Power Grid, Titan, Nestle India and Bajaj Finserv were the biggest laggards. | Photo Credit: Reuters Benchmark equity indices plunged in early trade on May 30, continuing to fall for the fifth day running, in line with weak global trends and unabated foreign fund outflows. The 30-share…

Read More “Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows” »

Business

Stock markets fall for fourth day on profit taking; Sensex down 667 points

Posted on May 29, 2024 By admin
Stock markets fall for fourth day on profit taking; Sensex down 667 points

The BSE benchmark hit its all-time peak of 76,009.68 on May 27. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined nearly 1% on June 29, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points…

Read More “Stock markets fall for fourth day on profit taking; Sensex down 667 points” »

Business

Rupee rises 17 paise to close at 83.33 against US dollar

Posted on May 17, 2024 By admin
Rupee rises 17 paise to close at 83.33 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.50 and touched an intraday high of 83.32 and a low of 83.50. | Photo Credit: The Hindu Rupee appreciated 17 paise to close at 83.33 (provisional) against the U.S. dollar on May 17, on positive domestic markets and expectations of some fresh foreign…

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Business

Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally

Posted on May 16, 2024 By admin
Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally

In a highly volatile trade, the 30-share BSE Sensex climbed 676.69 points or 0.93% to settle at 73,663.72. During the day, it hit a high of 73,749.47 and a low of 72,529.97.  | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty shot up nearly 1% on May 16, driven by buying in HDFC Bank…

Read More “Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally” »

Business

Sensex, Nifty tank in early trade on foreign fund outflows; Tata Motors down by more than 7%

Posted on May 13, 2024 By admin
Sensex, Nifty tank in early trade on foreign fund outflows; Tata Motors down by more than 7%

From the Sensex basket, Tata Motors dropped more than 7%. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on May 13 amid continuous foreign fund outflows, weak trends from Asian markets and heavy selling in Tata Motors. The 30-share BSE Sensex tanked 462.33 points to 72,202.14. The NSE Nifty…

Read More “Sensex, Nifty tank in early trade on foreign fund outflows; Tata Motors down by more than 7%” »

Business

Markets decline in early trade on heavy foreign fund outflows; selling in Reliance, TCS

Posted on May 9, 2024 By admin
Markets decline in early trade on heavy foreign fund outflows; selling in Reliance, TCS

From the Sensex basket, Larsen & Toubro went lower by more than 3% after March quarter earnings. | Photo Credit: Reuters Benchmark equity indices declined in early trade on May 9 amid heavy foreign fund outflows and selling in Reliance Industries and Tata Consultancy Services. Declining for the third day running, the 30-share BSE Sensex…

Read More “Markets decline in early trade on heavy foreign fund outflows; selling in Reliance, TCS” »

Business

Sensex drops 45 points in highly volatile trade

Posted on May 8, 2024 By admin
Sensex drops 45 points in highly volatile trade

From the Sensex basket, Asian Paints, UltraTech Cement, Hindustan Unilever, HDFC Bank, HCL Technologies, Bajaj Finance, Bajaj Finserv and ICICI Bank were the major laggards.  | Photo Credit: Reuters Benchmark Sensex declined more than 45 points in highly volatile trade on May 8, tracking weak Asian markets and continuous foreign fund outflows. Declining for the…

Read More “Sensex drops 45 points in highly volatile trade” »

Business

Nifty, Sensex settle lower; HDFC Bank, Reliance, ICICI Bank major drags

Posted on May 7, 2024 By admin
Nifty, Sensex settle lower; HDFC Bank, Reliance, ICICI Bank major drags

From the Sensex basket, Power Grid, IndusInd Bank, Tata Motors, JSW Steel, NTPC, HCL Technologies, Tata Steel, ICICI Bank, Mahindra & Mahindra, Axis Bank, HDFC Bank and Reliance Industries were among the major laggards. | Photo Credit: Reuters Equity benchmark indices declined on May 7 dragged by HDFC Bank, Reliance Industries and ICICI Bank amid…

Read More “Nifty, Sensex settle lower; HDFC Bank, Reliance, ICICI Bank major drags” »

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