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Equity benchmark index Sensex tumbled 551 points to close below the 66,000 level on Wednesday due to profit-taking in banking, financial and energy stocks amid a sharp jump in global crude oil prices. A sluggish trend in global equity markets following lingering geopolitical worries also sapped the risk appetite of investors, traders said. After a…
Sensex rose by 393 points while Nifty closed above the 19,800 level on Wednesday | Photo Credit: Reuters Benchmark Sensex rose by 393 points while Nifty closed above the 19,800 level on Wednesday on buying in energy, FMCG and capital goods shares amid mixed global cues and easing inflation concerns. Rising for the second straight…
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The rupee settled flat at 83.27 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee settled flat at 83.27 against the U.S. dollar amid a weak trend in domestic equities and surging crude oil prices in the international markets. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in the Middle…
Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: REUTERS Equity benchmark indices Sensex and Nifty rebounded sharply on Thursday after sliding for the past two sessions, propelled by bargain hunting in capital goods, banking, and IT stocks amid a sharp correction in global crude prices. The 30-share BSE Sensex climbed 405.53 points or…
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The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Equity benchmark indices ended lower on Wednesday, extending their previous day’s fall, due to unabated foreign fund outflows and weak trends in the U.S. and Asian markets. The 30-share BSE Sensex went lower by 286.06 points, or 0.44%, to settle at 65,226.04….
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Image used for representational purpose only. | Photo Credit: Reuters The rupee continued its upward trend for the second straight session and appreciated by 9 paise to 82.93 against the U.S. dollar in early trade on Septmber 11, tracking positive cues from domestic equity markets and a weak American currency against major overseas rivals. However,…
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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…
The scene outside the Bombay Stock Exchange on Dalal Street. | Photo Credit: VIVEK BENDRE Equity benchmark indices climbed on Monday after two days of fall, tracking strength in global markets and buying in HDFC Bank. The BSE Sensex climbed 110.09 points or 0.17% to settle at 64,996.60. During the day, it jumped 326.94 points…
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Stock exchanges have slapped fines on state-owned oil and gas firms including IOC, ONGC and GAIL for their failure to meet listing requirements | Photo Credit: Reuters Stock exchanges have slapped fines on state-owned oil and gas firms including IOC, ONGC and GAIL for their failure to meet listing requirements of having a requisite number…
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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…
Read More “Rupee falls 1 paisa to close at all-time low of 83.10 against U.S. dollar” »