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Image used for representational purpose only. | Photo Credit: Reuters The rupee pared its initial losses and settled for the day on an almost flat note at 83.50 (provisional) against the U.S. dollar on July 4, resisting pressure from elevated crude oil prices. Forex traders said a positive trend in domestic equities, wherein benchmark indices…
Read More “Rupee falls 1 paisa to close at 83.50 against U.S. dollar” »
Image for representation | Photo Credit: C. Venkatachalapathy The rupee appreciated by 7 paise to 83.24 against the U.S. dollar on Wednesday amid softening crude oil prices in the international market. Forex traders said the local unit faced some resistance due to subdued sentiment in the domestic equity market and foreign fund outflows. At the…
Read More “Rupee rises 7 paise to 83.24 against U.S. dollar in early trade” »
Representational image of the Securities and Exchange Board of India (SEBI) head office in Mumbai | Photo Credit: Reuters Markets regulator SEBI has revamped the method for calculating the market capitalisation of listed companies under the Listing Obligations and Disclosure Requirements (LODR) rules. Instead of using the market capitalisation of a single day (currently March…
Read More “SEBI changes rule to determine m-cap of listed firms; 6-month average to be used now” »
Representational image of a traffic signal in the foreground of the Bombay Stock Exchange on Dalal Street. File Equity benchmark indices declined in early trade on Tuesday in line with weak trends from Asian markets and fresh foreign fund outflows. The BSE Sensex declined 218.11 points to 73,787.83. The NSE Nifty dipped 97.45 points to…
Read More “Markets decline in early trade on weak trends from Asian peers, foreign fund outflows” »
Image used for representational purpose. | Photo Credit: Reuters The rupee appreciated 3 paise to 83.42 against the U.S. dollar in early trade on May 6, supported by a firm trend in domestic equities. Forex traders said the strength of the American currency in the overseas market and foreign fund outflows weighed on the local…
Read More “Rupee rises 3 paise to 83.42 against U.S. dollar in early trade” »
Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 3 paise to 83.48 against the U.S. dollar in early trade on April 30 amid a strong American currency against major Asian rivals and an upward movement in the crude oil prices. However, positive sentiment in the domestic equity markets and some inflow…
Read More “Rupee falls 3 paise to 83.48 against U.S. dollar in early trade” »
Image used for representational purpose. | Photo Credit: Reuters The rupee rebounded 14 paise to 83.05 against the U.S. currency in early trade on Thursday as the dollar retreated from high levels in global markets after the U.S. Federal Reserve indicated three rate cuts this year. At the interbank foreign exchange market, the rupee opened…
Read More “Rupee rebounds 14 paise to 83.05 against dollar as U.S. Fed indicates 3 rate cuts” »
Bombay Stock Exchange (BSE) building in Mumbai | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty witnessed a volatile movement in early trade on Thursday, amid mixed trends in the global markets. After opening on a sluggish note, Sensex turned positive and rose 7.58 points or 0.01% to 72,630.67 points. But the 30-share benchmark…
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Indian shares hit fresh all-time highs on Monday, driven by financials and energy stocks as state election results boosted market momentum emerging from strong macroeconomic data and easing global interest rate expectations. The NSE Nifty 50 index rose as much as 1.65% to 20,602.50 points, notching a record high for second session in a row….
Read More “Sensex, Nifty Touch All-Time High Day After BJP's Poll Victory In 3 States” »
The Punjab State Power Corporation Ltd (PSPCL) has made a profit of Rs 564.76 crore for period ending September as against a loss of Rs 1,880.25 crore in the year-ago period. Under the Aam Aadmi Party (AAP) government led by Chief Minister Bhagwant Mann, the timely repayment of Rs 12,342 crore subsidy to PSPCL helped…
Read More “PSPCL Posts Rs 564 Crore Q3 Profit On Lower Power Purchase, More Generation” »
