Tag: Trade Session

Mumbai: Increased spending for the farm sector and revised fiscal deficit target of 3.4 per cent in the Interim Budget for 2019-20 on Friday buoyed the Indian equity market during the pre-noon trade session on Friday. As Finance Minister Piyush Goyal presented the Interim Budget in the Lok Sabha, healthy buying was witnessed in the […]

Mumbai: Higher crude oil prices and gold imports widened India’s current account deficit (CAD) to $19.1 billion during the second quarter of 2018-19 from $15.9 billion in the preceding quarter and $6.9 billion in the corresponding period of 2017-18, the Reserve Bank of India (RBI) data showed on Friday. “India’s CAD at $19.1 billion (2.9 […]

Mumbai: Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to a fresh record low during the early morning trade session on Thursday. At 9.45 a.m., the rupee traded at 70.18-19 after it had plunged to 70.32-33 — the lowest ever — against the greenback. On Tuesday morning, the Indian […]

Mumbai: Sensex ended above the psychological mark of 39,000 after it gained sharply during the end of the trade session on Wednesday, closing with a 489 points gain. Except for the auto company stocks, all the other stocks, led by oil and gas, closed higher. The benchmark Sensex finished 489.80 points or 1.27 per cent […]