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Representational image only. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined for the second straight session on October 13, following selling in banking, financial and select IT shares amid a weak trend in global markets. The 30-share BSE Sensex dropped by 125.65 points or 0.19% to close at 66,282.74 as 16 of…
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Representational image only. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty erased early gains to trade lower on October 12 as IT shares declined after TCS stated that headwinds continue for the sector amid a sluggish economic climate. The 30-share Sensex opened higher and rose further by 104 points to hit a high…
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Representational image only. | Photo Credit: The Hindu The Rupee witnessed range-bound trading against the U.S. dollar in early trade on October 9, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in…
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Representational image only. | Photo Credit: Reuters Benchmark equity indices tumbled in early trade on October 9 as escalating tensions in Middle East triggered a risk-off in the market. Market analysts said investors preferred to remain on the sidelines and refrained from taking big risks as the Israel-Hamas conflict has introduced a huge uncertainty for…
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Equity benchmark indices declined in early trade on Monday September 25, 2023 ,amid a weak trend in global markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 136.61 points to 65,872.54. The Nifty dipped 39.7 points to 19,634.55. Among the Sensex firms, Larsen & Toubro, Axis Bank, ITC, Infosys, Tata Consultancy Services, Reliance…
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Representational image only. | Photo Credit: Reuters Equity benchmark indices rebounded in early trade on September 22 after a three-day decline but later gave up initial gains to quote in the negative territory. The 30-share BSE Sensex climbed 187.71 points to 66,417.95 in early trade. The Nifty advanced 49.8 points to 19,792.15. But, later both…
Representational image only. File | Photo Credit: Reuters Equity benchmark indices declined in early trade on September 21, falling for the third day running, due to a weak trend in global markets and foreign fund outflows. Global equities fell after the U.S. Federal Reserve signalled that they expect to raise rates once more this year…
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A forex dealer in Bombay looks at a graph of the Indian rupee. | Photo Credit: Reuters The rupee witnessed a range-bound trading against the US dollar in early trade on Thursday, September 21, 2023 weighed down by a negative trend in domestic equities and a strong American currency Forex traders said the Indian rupee…
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Representational image only. | Photo Credit: The Hindu The Rupee fell 12 paise to settle at 83.15 (provisional) against the U.S. dollar on September 15, dragged down by rising crude oil prices and a strong greenback against major rivals overseas. “However, a positive trend in domestic markets restricted the downside for the local unit,” forex…
Read More “Rupee falls 12 paise to close at 83.15 against U.S. dollar” »
Representational image. | Photo Credit: The Hindu The Rupee appreciated by 10 paise to 82.93 against the U.S. dollar in early trade on September 12, tracking a positive trend in domestic equities and foreign fund inflows. Forex traders said the Rupee is trading in a narrow range as the soft U.S. dollar and positive domestic…
