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Tag: market news

Rupee falls 39 paise to close at all-time low of 95.23 against U.S. dollar

Posted on May 4, 2026 By admin
Rupee falls 39 paise to close at all-time low of 95.23 against U.S. dollar

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Rupee fell 39 paise to close at an all-time low of 95.23 (provisional) against the U.S. dollar on Monday (May 4, 2026), as the ongoing West Asia tensions are causing volatility in global markets, keeping oil prices high and raising fears of inflation and…

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Business

Rupee falls 6 paise to 88.16 against U.S. dollar in early trade

Posted on September 2, 2025 By admin
Rupee falls 6 paise to 88.16 against U.S. dollar in early trade

Representative image. | Photo Credit: Reuters The rupee depreciated 6 paise to 88.16 against the U.S. dollar in early trade on Tuesday (September 2, 2025), weighed down by persistent foreign fund outflows and dollar demand. Forex traders said on Monday, the rupee touched a record intraday low of 88.33 against the dollar before clawing back…

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Business

Sensex, Nifty settle almost flat in highly volatile trade; metal, power stocks drag

Posted on December 24, 2024 By admin
Sensex, Nifty settle almost flat in highly volatile trade; metal, power stocks drag

Representational image of the Bombay Stock Exchange (BSE) building | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday (December 24, 2024), as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows. After gyrating between highs and lows,…

Read More “Sensex, Nifty settle almost flat in highly volatile trade; metal, power stocks drag” »

Business

Rupee settles flat at 83.99 against U.S. dollar

Posted on October 7, 2024 By admin
Rupee settles flat at 83.99 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee pared its initial gains and settled on a flat note at 83.99 against the U.S. dollar on Monday (October 7, 2024) on selling pressure from foreign funds and weak tone in the domestic markets. Forex traders said elevated crude oil prices and escalating tensions…

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Business

Sensex, Nifty rise on firm global market trends

Posted on August 22, 2024 By admin
Sensex, Nifty rise on firm global market trends

Image for representation | Photo Credit: PTI Benchmark equity indices Sensex and Nifty advanced in early trade on Thursday, following a firm trend in global markets along with buying in blue-chip stocks such as HDFC Bank and Infosys. The 30-share BSE Sensex climbed 204.04 points or 0.25% to 81,109.34 in early trade. Rising for the…

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Business

Opposition Rubbishes NDA Budget With "Kursi Bachao" Tag

Posted on July 23, 2024 By admin
Opposition Rubbishes NDA Budget  With "Kursi Bachao" Tag

The first budget of Prime Minister Narendra Modi’s third term has been received with disdain by the newly-strengthened Opposition. While the Congress has been sharp in its criticism, its INDIA bloc allies have been unanimous that this is a “kursi bachao (save the chair)” budget. The term has been coined by Mamata Banerjee’s Trinamool Congress,…

Read More “Opposition Rubbishes NDA Budget With "Kursi Bachao" Tag” »

Business

Rupee falls 1 paisa to close at 83.50 against U.S. dollar

Posted on July 4, 2024 By admin
Rupee falls 1 paisa to close at 83.50 against U.S. dollar

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” »

Business

Rupee rises 7 paise to 83.24 against U.S. dollar in early trade

Posted on May 22, 2024 By admin
Rupee rises 7 paise to 83.24 against U.S. dollar in early trade

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” »

Business

SEBI changes rule to determine m-cap of listed firms; 6-month average to be used now

Posted on May 21, 2024 By admin
SEBI changes rule to determine m-cap of listed firms; 6-month average to be used now

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” »

Business

Markets decline in early trade on weak trends from Asian peers, foreign fund outflows

Posted on May 21, 2024 By admin
Markets decline in early trade on weak trends from Asian peers, foreign fund outflows

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…

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