equity market

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    Rupee Falls 17 Paise Against US Dollar

    Mumbai, April 10 The rupee reversed initial gains and closed the day 17 paise lower at 92.68 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, particularly the US-Iran conflict.Forex traders said the rupee witnessed high volatility as the...
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    India's Rupee Settles at 92.51 Amid Geopolitical Concerns

    Mumbai, April 9 The rupee ended with a marginal gain of 3 paise at 92.51 against the US dollar on Thursday, supported by a weak American currency, even as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz.Forex traders said geopolitical...
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    Market Rally Ends as Crude Prices Rise Amid Geopolitical Concerns

    Mumbai, April 9 – The Sensex and Nifty benchmark indices experienced heavy selling pressure, leading to significant declines on Thursday after investors reduced their exposure to financial, banking, and IT stocks due to renewed tensions in the West Asia, which had previously fueled optimism...
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    Sensex and Nifty Fall Following Regional Concerns

    Mumbai, April 9 The benchmark stock market indices, Sensex and Nifty, experienced a significant drop in early trading on Thursday, following a strong rally in the previous session amidst fresh tensions in West Asia, raising concerns about a potential breach of the ceasefire.The 30-share BSE...
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    RBI Holds Rates, Drives Rally in Realty, Auto, and Bank Stocks

    New Delhi, April 8 Stocks in the real estate, auto, and banking sectors, which are sensitive to interest rates, were in high demand on Wednesday, a day when the Reserve Bank of India kept its key policy rate unchanged, adopting a wait-and-see approach as policymakers assessed the fallout from...
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    Currency Fluctuations: Rupee Strengthens After RBI Pause

    Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...
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    RBI Measures Support Rupee as Geopolitical Tensions Rise

    Mumbai, April 6 The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following measures taken by the Reserve Bank to curb speculative activity and dampen volatility in the Indian currency.Forex traders said that while the RBI's measures are positive for the rupee...
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    Rupee Gains 14 Paise to 93.04 Against Dollar

    Mumbai, April 6 The rupee gained 14 paise to close at 93.04 (provisional) against the US dollar on Monday, following Reserve Bank initiatives aimed at curbing speculative activity and dampening volatility in the rupee.Forex traders said that while the RBI measures are rupee-positive, continued...
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    Equity Market Weakness: India's Top Firms Experience Valuation Decrease

    New Delhi, April 5 The combined market valuation of six of the top-10 most valued companies declined by ₹64,734.46 crore in a shortened week due to the holiday period, with Bharti Airtel experiencing the biggest drop, reflecting the overall weakness in the equity market.Last week, the BSE...
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    Foreign Investors Exit Indian Equities Amid Geopolitical Concerns

    New Delhi, April 5 Foreign investors continued to exit Indian equities, withdrawing ₹19,837 crore (USD 2.1 billion) in the first two trading sessions of April, weighed down by the West Asia conflict, rising crude oil prices, and persistent rupee depreciation.This followed a record withdrawal...
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    Currency Fluctuations: Rupee Recovers Amid Global Pressures

    Mumbai, April 2 The rupee recovered 151 paise from its record low level to trade at 93.19 against the US dollar in early deals on Thursday, supported by the Reserve Bank's move to restrict banks' net open position in the onshore forward delivery market.However, the domestic unit faced pressure...
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    Rupee Rebounds: Gains 128 Paise Against Dollar

    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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    India's Rupee Weakens Amid Global Concerns

    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...
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    Rupee Weakens Against Dollar Amid Global Uncertainty

    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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    Market Relief as Crude Prices Fall Following Trump's Announcement

    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...
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    Escorts Kubota Expands Production with New Manufacturing Facility

    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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    India's Rupee Weakens Amid Global Uncertainty

    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...
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    Rupee at 93.53: Factors Impacting India's Currency

    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...
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    Market Reaction to Geopolitical Concerns: Sensex and Nifty Fall

    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...
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    FPI Outflows Hit Rs 88,180 Cr Amid Middle East Tensions

    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...
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