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Equity benchmark indices began the trade on an optimistic note on Wednesday (August 14, 2024) after two days of plunge, tracking a rally in the US markets, amid hopes of rates cut by the Fed in September. The 30-share BSE Sensex climbed 144.92 points to 79,100.95 in early trade. The NSE Nifty went up 57.5…
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A customer holds a hundred rupees Indian currency notes near a roadside currency exchange stall in New Delhi. | Photo Credit: REUTERS The Indian rupee traded in a tight range appreciated 3 paise to 83.94 against the U.S. dollar in early trade on Tuesday (August 13, 2024) on positive domestic macroeconomic data. However, a muted…
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People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday (August 13, 2024) dragged by blue-chip HDFC Bank and fresh foreign fund outflows. Also mixed trends from global markets failed to give direction to the domestic equities. The…
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Stock markets crashed nearly 3% on August 5 due to across-the-board selling in banking, IT, metal and oil & gas shares following a global equity rout, wiping out more than ₹15 lakh crore of investor money in a single day. The 30-share BSE Sensex plummeted 2,222.55 points or 2.74% to settle at over a month’s…
A screen displays stock numbers outside the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: PTI Equity market benchmark indices Sensex and Nifty tumbled in early trade on August 5 in line with extremely weak trends in global markets amid fears of a slowdown in the U.S .economy and foreign fund outflows. The…
A vendor walks past by a poster of bear and bull in south Mumbai, reflecting the mood of the stock markets, as the BSE sensex went down by 640 points in early trader on August 2, 2024. File photo | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty tumbled in early trade on…
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Benchmark BSE Sensex rose by nearly 286 points to close at a record high while Nifty settled above 24,950 level on Wednesday, extending their winning run to the fourth day on gains in metal, power and select auto shares. The 30-share BSE Sensex settled higher by 285.94 points or 0.35% at 81,741.34, its all-time closing…
At the interbank currency exchange, the domestic currency opened at 83.72, 1 paisa higher than the previous day’s close. | Photo Credit: Reuters The rupee rose 2 paise to 83.71 against the U.S. currency in early trade on July 31 following a marginal dip in the dollar in overseas markets. At the interbank currency exchange,…
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The bull statue at the Bombay Stock Exchange building, in Mumbai. | Photo Credit: PTI Equity benchmark indices climbed on Wednesday, July 31, 2024, as the markets saw volatile trading amid buying in bank stocks in tandem with mixed global trends. Rallying for the fourth day running, the 30-share BSE Sensex climbed 116.94 points to…
Brokers react as Sensex ends above 79k, Nifty 50 surpasses 24,000 for the first time, in Kolkata on Thursday. (ANI Photo) | Photo Credit: ANI Benchmark indices Sensex and Nifty hit intra-day record high levels before closing almost flat on July 29 due to profit-taking in FMCG and IT shares by cautious investors ahead of…