A screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Falling for the fifth straight session, equity benchmark indices Sensex and Nifty declined on Thursday amid concerns that the U.S. Federal Reserve might raise interest rates further to curb inflation. Fresh foreign […]
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People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark indices Sensex and Nifty closed down in the red on Friday following losses in IT and banking shares amid overall weak global market trends. The BSE Sensex declined 316.94 points or 0.52% to settle at 61,002.57. During the […]
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A screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Equity benchmark indices ended marginally higher on Thursday amid volatility faced during the last minutes of trading hours. The BSE Sensex eked out marginal gains of 44.42 points or 0.07% to settle […]
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Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated by 13 paise to close at 82.70 (provisional) against the U.S. currency on Thursday, supported by broad dollar weakness and a positive trend in domestic equities. Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments. […]
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Photo used for representational purpose only. File | Photo Credit: PAUL NORONHA Equity benchmarks Sensex and Nifty declined nearly 1% on Friday, in tandem with a weak trend in overseas markets amid hawkish tone of global central banks. The 30-share BSE Sensex fell 461.22 points or 0.75% to settle at 61,337.81. During the day, it […]
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Photo used for representational purpose only. File | Photo Credit: Reuters The rupee declined by 27 paise to close at 82.76 (provisional) against the U.S. dollar on Thursday after the U.S. Federal Reserve’s interest rate hike and its hawkish stance dented investor sentiments. A massive sell-off in domestic equities and a strong greenback overseas also […]
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A man reacts as he watches share prices on a digital screen outside the Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: PTI Equity benchmark Sensex climbed 115 points in early trade on Friday, helped by buying in auto, metal and FMCG stocks amid a firm trend in global markets. A strong rupee […]
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Photo used for representational purpose only. File | Photo Credit: Reuters The rupee appreciated 18 paise to 81.08 against the U.S. dollar in early trade on Friday supported by a weak dollar in the overseas market. Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit and restricted the appreciation […]
Continue ReadingFile photo used for representative purpose only. | Photo Credit: PTI Singapore Airlines on November 29 said Vistara will be merged with Tata group-owned Air India. As part of the transaction, SIA will also invest ₹2,058.5 crore in Air India. “This would give SIA a 25.1% stake in an enlarged Air India group with a […]
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China is set to snap up significant volumes of low-grade Indian iron ore in coming weeks, as Chinese steelmakers seek out cheaper raw materials to cope with meagre profits, said traders and analysts. On November 19, India scrapped a 50% export tax on iron ore that been in place since May, and although the country […]
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