Mumbai: The rupee inched up 3 paise to 71.31 against the US dollar in early trade Wednesday even as foreign fund outflows continued amid firming oil prices. At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.29 but gave up the gains to trade at 71.31. The rupee had closed at […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 35,756.26 on Wednesday, opened higher at 35,837 points. Minutes into trading, it was quoting at 35,821.27, up by 65.01 points, or 0.18 per cent. At the National […]
Mumbai: The key Indian equity market indices on Thursday opened higher, despite a muted trend in global markets, and in spite of tension between India and Pakistan escalating further a day earlier. The Sensitive Index (Sensex) of the BSE, which had closed at 35,905.43 on Wednesday, opened higher at 36,025.72. Minutes into trading, it was […]
Mumbai: Amid mixed global cues Sensex surged close to 250 points as key equity indices opened in green on Monday, owing to gains in the banking and finance stocks. Healthy buying was seen in all the sectors with BSE Oil and Gas index leading the pack, closely followed by banking and finance scrips. Oil prices […]
Mumbai: The key Indian equity indices opened on a positive note on Tuesday with the BSE Sensex trading around 280 points higher and Nifty crossing 11,250. The domestic market tracked a similar trend in the major Asian indices. Healthy buying in the power, energy and consumer durable stocks also supported the gains. At 9.25 a.m., […]
Mumbai: Despite negative trends in global markets, the key Indian equity market indices on Thursday opened higher ahead of the futures and options (F&O) contracts’ expiry. The Sensitive Index (Sensex) of the BSE, which had closed at 38,132.88 on Wednesday, opened higher at 38,208.30. It was quoting at 38,214.01, up by 81.13 points, or 0.21 […]
New York: The US dollar decreased in late trading on Friday, amid a stronger British pound, which was lifted by upbeat British retail sales data in the first quarter, signalling robust economic growth for the country. In late New York trading, the euro increased to $1.1245 from $1.1230 in the previous session, and the British […]
London: Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday. Called “GlobalCoin,” the cryptocurrency would work with a new digital payments system in about a dozen countries starting in the first quarter of 2020. Facebook has been in contact with US and British […]
New York: The US dollar declined on Friday as investors monitored global trade prospects and digested the manufacturing data. The seasonally adjusted IHS Markit Flash US Manufacturing Purchasing Managers’ Index (PMI) registered 50.6 in May, down from 52.6 in April, marking the lowest level since September 2009, data from the research firm showed on Thursday. […]
Mumbai: Optimism over Prime Minister Narendra Modi’s new cabinet drove the markets near its peak on Friday led by IT, banking and financial companies. At 9.54 a.m., the S&P BSE Sensex was trading 273.74 points or 0.69 per cent higher at 40,105.71. The Nifty was 87.40 points or 0.73 per cent up at 12,033.30. On […]
Mumbai: The Indian rupee Monday appreciated by another 44 paise to close at 69.26 to the US dollar in line with an intense rally in domestic equities amid hopes of a rate cut by the Reserve Bank. The domestic currency opened strong at 69.48 and later rose to the day’s high of 69.10 at the […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher but immediately on commencement of trading, both the indices were quoting in red, ahead of the Reserve Bank of India’s bi-monthly monetary policy announcement. The Sensitive Index (Sensex) of the BSE, which had closed at 40,083.54 on Tuesday, […]
Mumbai: The Indian rupee Tuesday recuperated by 21 paise to 69.44 to the US dollar in line with strong Asian currencies and rally in domestic equities. The Indian unit opened strong at 69.49 and rose to the day’s high of 69.34 at the interbank forex market. During the day, the local unit touched an intra-day […]
Mumbai: The rupee appreciated by 8 paise to 69.38 against the US dollar in opening trade Wednesday, driven by easing crude oil prices and foreign fund inflows. Forex traders said the weakening of the greenback vis-a-vis some major currencies overseas aided the local unit. However, a weak opening in domestic equities weighed on the domestic […]
Mumbai: The Indian rupee Friday fell by another 30 paise to close at 69.80 against the US currency as strengthening greenback and rising crude oil prices kept investors cautious. Besides, weak Asian currencies and an intense sell-off in domestic equities also put pressure on the domestic currency. On weekly basis, the rupee saw a fall […]
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