Mumbai: Broadly positive Asian markets, along with a stable rupee and value buying pushed the key domestic equity indices higher during Monday’s morning trade session. In addition, healthy buying was seen in interest rate sensitive stocks like banks, auto and capital goods. Besides, the Indian rupee strengthened to around 73.28 to a US dollar from […]
Mumbai: Broadly negative Asian markets, along with a slightly weak rupee and a marginal rise in global crude oil prices dragged the key domestic equity indices in the red during Friday’s trade session. The Indian rupee opened on a weaker note at 73.62 to a US dollar from its previous close against a greenback, whereas […]
Mumbai: Broadly negative global cues, along with a weak rupee and a rise in global crude oil prices subdued the key domestic equity indices during Monday’s morning trade session. The Indian rupee opened on a weaker note at 73.80 to a US dollar from its previous close of 73.57 against a greenback. In addition, heavy […]
Mumbai: India’s key stock indices slumped, settling over 2% lower, as concerns global growth will suffer due to the tariff war between the United States and China triggered fund outflows from equities around the world. International Monetary Fund head Christine Lagarde’s comments that stock market valuations had been “extremely high”, spurred a meltdown in the […]
Mumbai: Asian cues, along with a weak rupee subdued the key domestic equity indices during Monday’s morning trade session. However, a slight fall in Brent crude oil price aided in arrest of the sharp fall. In addition, heavy selling pressure in consumer durables, capital goods and auto stocks led the fall. The barometer S&P BSE […]
Mumbai: Decline in the global markets and heavy selling pressure on banking, auto and finance stocks pulled the key Indian equity indices lower on Monday. Market sentiments were subdued, also due to a weakness in the Indian rupee and high crude oil prices. On Monday, Brent crude oil was priced around $83 per barrel. At […]
Mumbai: Key equity indices – BSE Sensex and NSE Nifty50 — touched fresh all-time highs on Monday, supported by healthy buying in banking, consumer durables and auto stocks. Both the Sensex and Nifty50 hit their all-time highs of 37,801.78 points and 11,427.00 points respectively. According to analysts, broadly positive global cues also supported the gains. […]
Mumbai:The BSE benchmark Sensex cracked over 300 points and the NSE Nifty fell below 10,700 in early trade Thursday on heavy selloff in metal and oil stocks ahead of the Opec meeting to discuss production policy, amid weakness in Asian equities. Global investor sentiment was weak as the chances of peaceful trade negotiations between the […]
Mumbai:The BSE benchmark Sensex dropped over 100 points in early trade Tuesday amid mixed cues from other Asian markets, rising crude prices, weak rupee and heavy selling by domestic institutional investors. The 30-share index was trading 133.27 points, or 0.37 per cent, lower at 36,107.73 at 0945 hrs. The index had closed with a marginal […]
Mumbai: The benchmark BSE Sensex recovered over 100 points in early trade on fresh gains in bluechips like Infosys, RIL, TCS and HDFC amid rising rupee and easing crude prices. The 30-share index bounced by 134.93 points, or 0.38 per cent to 35,334.73, with sectoral indices led by IT, teck, FMCG and oil and gas […]
Mumbai: Domestic equities opened on a firm note Friday as the benchmark BSE Sensex surged over 150 points on the back of continued foreign fund inflow and appreciating rupee. Positive leads from the US markets on optimism that the US and China may resolve their trade dispute, and a mixed trend at other Asian bourses […]
Mumbai:Benchmark stock indices opened on a negative note Friday following weak global cues after the US Federal Reserve left key interest rates on hold last night, but hinted a rate hike next month. The BSE Sensex was trading 114.08 points, or 0.32 per cent, lower at 35,123.60. It had dropped 226.45 points in opening trade. […]
Mumbai: The rupee recovered 21 paise to 72.91 against the US dollar early Tuesday on increased selling by exporters. The dollar’s weakness against some currencies overseas and a better opening of the domestic equity market also supported the rupee, dealers said,. At the interbank forex market, the rupee opened strong at 72.98 and advanced further […]
Mumbai: The BSE benchmark Sensex dropped over 200 points Wednesday amid rising tension between the Reserve Bank of India and the government. Investor sentiment turned weak in early session on reports that the government may invoke certain provisions to issue directions to the central bank. The BSE Sensex turned choppy after opening higher, and was […]
Mumbai: The rupee depreciated 23 paise to 73.79 against the US dollar in early trade Tuesday as the American currency strengthened overseas. Dealers attributed the rupee’s fall to increased demand for the US currency from importers and sustained foreign fund outflows. Besides, domestic equity market opening with losses, also weighed on the rupee, they said. […]
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