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Tag: Markets

Rupee falls 6 paise to 83.23 against U.S. dollar in early trade

Posted on October 26, 2023 By admin
Rupee falls 6 paise to 83.23 against U.S. dollar in early trade

The rupee stayed on downward track for the third consecutive session and depreciated by 6 paise to 83.23 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee stayed on downward track for the third consecutive session and depreciated by 6 paise to 83.23 against the U.S. dollar in early trade on Thursday, tracking…

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Business

Markets continue to fall on weak global trends, soaring crude oil prices

Posted on October 20, 2023 By admin
Markets continue to fall on weak global trends, soaring crude oil prices

A general view of the Bombay Stock Exchange. | Photo Credit: Reuters Equity benchmark indices fell in early trade on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments. Falling for the third day running, the 30-share BSE Sensex fell 320.63 points to…

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Business

Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend

Posted on October 18, 2023 By admin
Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend

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…

Read More “Sensex sinks 550 points to slip below 66k on spike in crude oil prices, weak global trend” »

Business

Sensex rises 393 pts, Nifty closes above 19,800 on gains in energy FMCG shares

Posted on October 11, 2023 By admin
Sensex rises 393 pts, Nifty closes above 19,800 on gains in energy FMCG shares

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…

Read More “Sensex rises 393 pts, Nifty closes above 19,800 on gains in energy FMCG shares” »

Business

Rupee settles flat against U.S. dollar

Posted on October 9, 2023 By admin
Rupee settles flat against U.S. dollar

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…

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Business

Markets rebound after 2-day slump; L&T top boost

Posted on October 5, 2023 By admin
Markets rebound after 2-day slump; L&T top boost

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…

Read More “Markets rebound after 2-day slump; L&T top boost” »

Business

Markets fall for 2nd day on unabated foreign fund outflows

Posted on October 4, 2023 By admin
Markets fall for 2nd day on unabated foreign fund outflows

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….

Read More “Markets fall for 2nd day on unabated foreign fund outflows” »

Business

Rupee rises 9 paise to 82.93 against U.S. dollar

Posted on September 11, 2023 By admin
Rupee rises 9 paise to 82.93 against U.S. dollar

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,…

Read More “Rupee rises 9 paise to 82.93 against U.S. dollar” »

Business

Markets continue to rally for 7th day running

Posted on September 11, 2023 By admin
Markets continue to rally for 7th day running

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…

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Business

Markets bounce back after two days of decline on firm global trends

Posted on August 28, 2023 By admin
Markets bounce back after two days of decline on firm global trends

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…

Read More “Markets bounce back after two days of decline on firm global trends” »

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