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In a move that has sent ripples through global financial markets, US President Donald Trump has nominated Kevin Warsh to succeed Jerome Powell as the Chair of the Federal Reserve when Powell’s term expires in May. Warsh served as a Fed Governor from 2006 to 2011. According to Seth R Freeman, Senior Managing Director of…
The National Stock Exchange (NSE) and BSE will remain closed on Jan. 26 to mark Republic Day, according to the NSE’s official holiday list. This is the second stock market holiday in January after Jan. 15. Trading in equity derivatives, securities lending and borrowing (SLB), currency derivatives and electronic gold receipts (EGR) will remain suspended…
Read More “Are Nifty, Sensex Open Or Closed On Jan. 26 For 77th Republic Day?” »
Representative image | Photo Credit: Reuters The rupee depreciated 12 paise to 87.95 against the U.S. dollar in early trade on Monday (October 27, 2025), weighed down by rising crude oil prices supported by optimism over a potential U.S.-China deal. Forex traders said the rally in crude oil prices was driven by the potential U.S.-China…
Read More “Rupee falls 12 paise to 87.95 against U.S. dollar in early trade” »
Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains…
Read More “Rupee rises 3 paise to 88.72 against dollar in early trade” »
Representative image | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Wednesday (July 30, 2025) amid heavy buying in infrastructure major Larsen and Toubro. The 30-share BSE Sensex climbed 256.57 points to 81,594.52 in opening trade. The 50-share NSE Nifty went up by 69.3 points to…
Read More “Stock markets open higher tracking rally in L&T” »
Image for representative purposes only | Photo Credit: PAUL NORONHA Equity benchmark indices Sensex and Nifty rallied for the third session on the trot, helped by a rally in global markets after lower-than-expected consumer inflation in the U.S. ignited hopes of more rate cuts by the Federal Reserve. The 30-share BSE index climbed 318.74 points…
Read More “Sensex, Nifty extend gains for 3rd day on strong global cues, lower U.S. inflation” »
Image for representational purposes only | Photo Credit: Reuters Benchmark indices Sensex and ticked higher for the second straight session on Wednesday (January 15, 2025), buoyed by buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. However, elevated crude oil prices in the international markets and…
Read More “Markets log gain for 2nd day; Sensex climbs over 200 points” »
Image used for representational purpose. | Photo Credit: Reuters India’s record-breaking capital-raising spree will continue in 2025 given the strong pipeline of firms looking to go public, the head of the country’s oldest exchange told Reuters. “There are 90-plus companies that have already filed their draft prospectus with the regulator, looking to raise an estimated…
Read More “BSE expects record-breaking IPO run to continue unabated in 2025, CEO says” »
The gross domestic product (GDP) rate of 6.4% will be the lowest since the year of Covid (2020-21). File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended marginally lower in a volatile session on Wednesday (January 8, 2025), as investors stayed on the sidelines ahead of the earnings season amid lower economic…
From the 30 blue-chip stocks, State Bank of India, Maruti, Axis Bank, ICICI Bank, Mahindra & Mahindra and Power Grid were among the biggest gainers. File. Representational image Benchmark indices Sensex and Nifty surged in early trade on Thursday (December amid a rally in Asian markets and buying in blue-chip bank stocks. The 30-share BSE…
Read More “Markets surge in early trade on buying in blue-chip bank stocks” »