Tag: financial markets

Rupee pares initial gains, settles 3 paise lower at 83.27 against U.S. dollar

October 5, 2023 admin

Image used for representational purpose. | Photo Credit: Reuters The rupee pared initial gains and settled 3 paise lower at 83.27 against the U.S. dollar on October 5, following a recovery in the American currency. Forex traders said the rupee consolidated in a narrow range as investors preferred to stay on the sidelines ahead of…

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Rupee rises 14 paise to 83.05 against U.S. dollar

September 29, 2023 admin

Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated 14 paise to settle at 83.05 (provisional) against the U.S. dollar on September 29, boosted by a firm trend in equity markets and a sharp correction in the greenback against major rivals overseas. However, selling pressure from foreign equity investors and rising…

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Rupee rises 38 paise to 82.75 against U.S. dollar in early trade

September 22, 2023 admin

Image used for representational purpose only. | Photo Credit: Reuters The rupee appreciated by 38 paise to 82.75 against the U.S. dollar in early trade on September 22, as the inclusion of India in the JPMorgan bond index boosted investor sentiment. Forex traders said the decision of JPMorgan Chase & Co to include Indian government…

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Sensex, Nifty fall after record-breaking rally; investors await Fed rate decision

September 18, 2023 admin

The 30-share BSE Sensex fell 241.79 points or 0.36% to settle at 67,596.84. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty declined on September 18 after a record-breaking rally in line with weak trends in global markets and caution ahead of the U.S. Federal Reserve’s interest rate decision. Snapping its 11-day rally, the…

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Sensex, Nifty hit record peaks in early trade

September 14, 2023 admin

Equity benchmark indices Sensex and Nifty hit their record peaks in early trade on Thursday | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty hit their record peaks in early trade on Thursday in continuation of their ongoing rally, amid a largely firm trend in Asian markets along with buying in IT and…

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Sensex extends rally to eighth day; Nifty falls marginally after hitting record level

September 12, 2023 admin

The 30-share BSE benchmark regained the 67,000 level on September 11. File | Photo Credit: Reuters The BSE Sensex extended its rally for the eighth day running on September 12, while Nifty ended marginally lower after scaling its fresh all-time high level amid mixed global market trends. The 30-share BSE Sensex climbed 94.05 points or…

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Markets continue to rally for 7th day running

September 11, 2023 admin

The bull statue at the Bombay Stock Exchange (BSE) building, in Mumbai, on July 13, 2023. Equity benchmark indices extended their rally for the seventh day running on September 11 as investors continued to remain optimistic about the domestic markets. | Photo Credit: PTI Equity benchmark indices extended their rally for the seventh day running…

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Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar

August 18, 2023 admin

The rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the U.S. dollar | Photo Credit: V. Sudershan The rupee edged lower by 1 paisa to settle at an all-time low of 83.10 (provisional) against the U.S. dollar on Friday, weighed down by a negative trend in domestic…

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Benchmark Equity Indices Fall in Early Trade on August 9 | BSE Sensex, NSE Nifty, FIIs Outflows

August 9, 2023 admin

The 30-share BSE Sensex fell 158.2 points to 65,688.30, extending its previous day’s weak trend. File | Photo Credit: PTI Benchmark equity indices declined in early trade on August 9 amid weak global market trends and continuous foreign fund outflows. Caution also prevailed in the markets ahead of the major events — RBI’s monetary policy and…

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