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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Mumbai, April 6 The benchmark indices Sensex and Nifty declined in the early trading on Monday as crude oil prices rose amid fears of further escalation in the West Asia conflict.Relentless foreign fund outflows also dampened market sentiment.The 30-share BSE Sensex declined by 270.13 points...
Mumbai, April 2 The rupee logged one of its steepest single-day gains in many years and closed 152 paise higher at 93.18 against the US dollar on Thursday after the Reserve Bank stepped in with a slew of measures to restrict banks from onshore forward markets.The domestic unit, however...
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Mumbai, April 2 – Stock markets staged a strong recovery on Thursday, erasing early losses to close higher, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700, driven by strong value buying in IT and banking shares and a sharp rebound in the rupee.After...
Mumbai, April 2 The rupee registered one of its largest single-day gains in many years and closed 156 paise higher at 93.14 (provisional) against the US dollar on Thursday after the Reserve Bank intervened with a series of measures to restrict banks from trading in the onshore forward markets...
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Mumbai, April 2 The Sensex and Nifty, the benchmark equity indices, rebounded and erased all their losses on Thursday's mid-session trading as investors rushed to buy blue-chip IT stocks at lower levels.Both indices experienced a sharp decline in early trading, with the 30-share BSE Sensex...
Mumbai, April 2 The Sensex and Nifty, India's benchmark equity indices, declined by 2% in the early trading session on Thursday, amid rising geopolitical tensions following US President Donald Trump's warning of intensified military actions against Iran, which drove up crude oil prices...
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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Mumbai, April 1 Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65...
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Mumbai, April 1 Benchmark indices Sensex and Nifty closed nearly 2 per cent higher on Wednesday, in line with a sharp rally in global markets fueled by hopes of a potential de-escalation in the ongoing West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex...
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Mumbai, April 1 The rupee gained 15 paise to 94.70 against the US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and the retreat of the US dollar overseas.However, the local currency remained under pressure due to higher crude oil prices and sustained...
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Mumbai, April 1 – The benchmark indices Sensex and Nifty surged in early trading on Wednesday, driven by a sharp rally in global markets fueled by hopes of a potential de-escalation in the ongoing conflict in West Asia.The 30-share BSE Sensex jumped by 1,899.53 points to 73,847.08 in early...
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Mumbai, March 30 The rupee breached the 95/USD mark on Monday before regaining some ground to settle at 94.70 against the US dollar, up 15 paise, after the escalation of the Iran war jolted global markets, fueling rupee volatility and risk-off sentiment.Forex traders said the USD/INR pair...
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Mumbai, March 30 The rupee breached the 95/USD mark on Monday in intra-day trading and settled at 94.78 (provisional) against the American currency after the escalation of the Iran war jolted global markets, fueling rupee volatility and risk-off sentiment.Forex traders said the USD/INR pair...
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Mumbai, March 30 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Monday as the ongoing conflict in West Asia continued to rattle markets globally, driving up crude oil prices.Further, the continued outflow of foreign funds also contributed to the...
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...
New Delhi, March 27 Equity investors experienced a loss of ₹8.86 lakh crore on Friday as the markets plunged, falling by over 2% as the conflict in West Asia showed no signs of easing, leading to a fresh spike in crude oil prices.The 30-share BSE Sensex fell by 1,690.23 points or 2.25%...
Mumbai, March 27 – The Sensex and Nifty benchmark indices plunged by over 2% on Friday after a two-day rally, in line with a global sell-off, as investor sentiment weakened due to uncertainties surrounding geopolitical tensions.The sustained prices of crude oil above USD 100 per barrel, the...
Mumbai, March 27 The benchmark indices Sensex and Nifty fell by over 2% on Friday, following a two-day rally, in line with a weak trend in global peers, as the US-Iran conflict remained the key factor weighing on markets, raising doubts about a de-escalation of the war.The persistently high...