Mumbai, March 30 The rupee recovered 128 paise from its all-time low of 93.57 against the US dollar in early trade on Monday, after the Reserve Bank reduced the net open position that banks can hold overnight to USD 100 million.Forex traders said the rupee opened stronger as banks, who...
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Mumbai, March 27 The rupee plunged by a massive 89 paise to close at a historic low of 94.85 against the US dollar on Friday, as concerns over higher crude oil prices weighed heavily on the currency and the overall macroeconomic outlook.Forex traders said the rupee is succumbing to the...
Mumbai, March 25 The rupee plunged by 20 paise to close at a fresh record low of 93.96 against the US dollar on Wednesday as heavy outflows from foreign investors and rising tensions in the Middle East kept investors on edge.Even a decline in global crude oil prices, a weaker US dollar, and...
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Mumbai, March 24 – The benchmark stock indices, Sensex and Nifty, rebounded by nearly 2% on Tuesday, driven by a relief rally in Asian markets following US President Donald Trump's announcement of a temporary halt to strikes targeting Iranian energy infrastructure.The 30-share BSE Sensex rose...
New Delhi, March 24 Farm and construction equipment firm Escorts Kubota announced on Tuesday that it has been allocated a 154-acre plot by the Yamuna Expressway Industrial Development Authority to set up a new manufacturing plant.The land is located in Sector-10 of the Yamuna Expressway...
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Mumbai, March 24 The rupee fell by 35 paise to 93.88 (provisional) against the US dollar on Tuesday as a strengthening dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the...
Mumbai, March 23 The rupee breached the 94-level against the US dollar for the first time on Monday, closing flat at 93.53, amid a correction in global crude prices.At the interbank foreign exchange market, the local currency opened at 93.84 and breached the 94-mark against the US dollar for...
Benchmark domestic equity indices plunged by approximately two and a half percent today amid a broad-based sell-off. The Sensex plummeted by 1,837 points, or 2.46 percent, to close at 72,696, while the Nifty fell by 602 points, or 2.6 percent, to settle at 22,513.Earlier, the markets opened...
New Delhi, March 22 Foreign investors have pulled out approximately USD 9.6 billion (₹88,180 crore) from Indian equities this month, driven by escalating tensions in the Middle East, a weakening rupee, and concerns about the impact of high crude oil prices on India's growth and corporate...
Mumbai, March 18 The rupee declined by 18 paise to hit a record low of 92.58 against the US dollar on Wednesday, amid a strengthening dollar overseas and continued outflows of foreign capital.Elevated crude oil prices in global markets, coupled with the intensifying conflict in West Asia...
Mumbai, March 18 The benchmark indices in the Indian stock market, Sensex and Nifty, rose in early trading on Wednesday, building on the gains from the previous two trading sessions, amid falling crude oil prices and a positive trend in global markets.A sharp rise in IT stocks also contributed...
Mumbai, March 16 The stock market benchmark indices, Sensex and Nifty, rebounded by over 1 per cent on Monday after experiencing a significant decline in the previous three trading days, driven by value buying in blue-chip banking stocks.The 30-share BSE Sensex rose by 938.93 points or 1.26...
New Delhi, March 15 Developments surrounding the ongoing conflict in West Asia and crude oil price movements will be the major factors driving trends in the equity market this week, analysts said.In addition to global trends, decisions by the US Fed on interest rates and inflation data would...
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New Delhi, March 15 Foreign investors withdrew ₹52,704 crore (approximately USD 5.73 billion) from domestic equities in the first fortnight of March amid escalating tensions in West Asia, the depreciation of the rupee, and concerns over the impact of high crude oil prices on India's growth and...
Mumbai, March 11 The rupee declined by 4 paise to 91.89 against the US dollar in early trading on Wednesday, weighed down by outflows from foreign investors and the ongoing conflict in the Middle East.However, a weaker US dollar and falling global crude oil prices prevented a sharper decline...
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Mumbai, March 9 The rupee plunged by 46 paise to near its all-time intra-day low of 92.28 against the US dollar in early trading on Monday as global crude oil prices soared and the US dollar strengthened amid the worsening situation in the Middle East.Brent crude, the global oil benchmark, was...
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New Delhi, March 2 Shares of oil marketing companies and paint manufacturers declined on Monday, in line with the weak trend in equities, as the deepening conflict in West Asia drove crude oil prices higher.The stock of Indian Oil Corporation tumbled by 4.53 per cent, Hindustan Petroleum...
New Delhi, March 2 Defence stocks such as Ideaforge Technology and Paras Defence closed higher on Monday amid escalating tensions in the Middle East following a US and Israeli attack on Iran.Shares of Ideaforge Technology rose by 7.66 per cent, Paras Defence and Space Technologies surged by...
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New Delhi, March 2 Defence stocks were in focus on Monday morning trading, with Ideaforge Technology surging over 15 per cent, amid escalating tensions in the Middle East following a US and Israeli attack on Iran, which triggered retaliatory strikes from Tehran across the region.Shares of...
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Mumbai, March 2 The rupee depreciated by 21 paise to 91.29 against the US dollar on Monday, amid higher crude oil prices, a strong US dollar, and intense global volatility due to escalating tensions in the Middle East.Negative sentiment in the equity market and the massive withdrawal of...
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