New Delhi, April 6: Elevated global crude oil prices above $90 per barrel could begin to significantly weigh on the earnings of Nifty companies, a report has said.According to Bernstein analysts' estimates, for every $10 per barrel increase beyond $90, Nifty earnings may decline by 2-3 per...
New Delhi, April 6 – The Indian rupee opened 10 paise higher at 93 against the US dollar on Monday, as traders continued to unwind speculative positions in the offshore non-deliverable forwards (NDF) market.The domestic currency was trading at 93 per dollar in early trade, compared to its...
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Mumbai, April 6 The rupee gained 33 paise to 92.85 against the US dollar in early trade on Monday, following the RBI's tightened rules to curb speculative positions, capping banks’ net open positions at USD 100 million, even as global developments continued to act as a risk.Forex traders said...
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Mumbai, April 6 – Domestic equity markets opened on a mildly positive note on Monday, even as caution over a possible escalation in the Iran war capped gains after US President Donald Trump warned of “hell” if Tehran fails to meet his Tuesday deadline to reopen the Strait of Hormuz.However...
Mumbai, April 5 – Indian stock markets ended their sixth consecutive week in the red, with benchmark indices slipping by nearly 0.5 per cent amid heightened volatility triggered by a mix of global uncertainties and domestic concerns.Investors are now bracing for another eventful week, where...
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New Delhi, April 3 – Economists on Friday said they do not expect any changes in the repo rate or policy stance this time, given the geopolitical tensions, as the Reserve Bank of India (RBI) prepares for its monetary policy committee (MPC) meeting next week.According to them, the tone will be...
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New Delhi, April 3: Global crude oil prices rose on Friday after US President Donald Trump warned of possible military strikes on Iran within two to three weeks, raising fresh concerns about supply disruptions from the West Asia region.Brent crude futures traded at $109.24 per barrel, up 8%...
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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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RBI Interest Rate Hike Unlikely Unless Crude Oil Prices Remain Above $100
New Delhi, April 2 – The Reserve Bank of India is unlikely to raise interest rates at its upcoming Monetary Policy Committee meeting next week, according to a report released on Thursday. The report suggests that the RBI’s...
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Mumbai, April 2 – The Indian rupee registered a significant surge on Thursday, posting one of its largest single-day gains in many years, closing at 93.14 (provisional) against the US dollar. The rally, totaling 156 paise, marks a notable reversal after a period of depreciation driven by foreign...
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Sensex, Nifty Recover from Sharp Early Losses as IT Stocks Lead Mid-Session Rebound
Mumbai, April 2: Benchmark equity indices Sensex and Nifty staged a strong recovery on Thursday, erasing steep early losses during mid-session trading, supported by renewed buying interest in blue-chip IT stocks...
Gold and Silver Prices Drop Up to 5.6% as Middle East Signals Disappoint Markets
Precious Metals See Sharp Decline Amid Geopolitical Uncertainty
Mumbai, April 2: Gold and silver prices witnessed a sharp decline of up to 5.6 per cent on Thursday after remarks by US President Donald Trump on the...
Sensex, Nifty Fall Nearly 2% as Iran Tensions Spike Oil Prices and Trigger FII Sell-Off
Indian Markets Open Deep in Red Amid Global Uncertainty
Mumbai, April 2: India’s benchmark equity indices, the Sensex and Nifty, dropped nearly 2 percent in early trading on Thursday, reflecting heightened...
Indian Rupee Surges 1.7% in Biggest Gain in Over 12 Years Amid RBI Crackdown on Speculation
New Delhi, April 2: The Indian rupee recorded its sharpest single-day rise in more than 12 years on Thursday, driven by aggressive regulatory action aimed at curbing currency speculation in both domestic...
Rupee Rebounds 151 Paise from Record Low, Trades at 93.19 Against US Dollar
RBI Measures Trigger Sharp Recovery in Early Trade
Mumbai, April 2: The Indian rupee staged a strong recovery on Thursday, gaining 151 paise from its record low to trade at 93.19 against the US dollar in early deals. The...
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us dollar
Stock Market Today: Sensex, Nifty Fall Over 1% as West Asia Tensions Weigh on Sentiment
Mumbai, April 2: Indian equity markets opened sharply lower on Thursday, with benchmark indices declining more than 1 percent amid escalating tensions in West Asia and cautious global cues.The BSE Sensex...
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South Korean Stocks Sink Over 3% as Trump’s Iran Warning Triggers Global Market Jitters
KOSPI Reverses Early Gains Amid Escalating Geopolitical Tensions
Seoul, April 2: South Korean equity markets witnessed a sharp sell-off on Thursday morning, with the benchmark Korea Composite Stock Price...
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New Delhi, April 1 Crude oil prices fell by more than 3 percent to Rs 9,265 per barrel in futures trading on Wednesday as investors booked profits after US President Donald Trump said the military could end its offensive against Iran in two to three weeks.On the Multi Commodity Exchange (MCX)...
New Delhi, April 1 International crude oil prices on Wednesday trimmed early gains and fell nearly 3 per cent from the day's high, as optimism over a possible easing of the US-Iran conflict weighed on markets.Brent crude futures slipped to an intraday low of $102.79 per barrel, down about 2.9...
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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