Mumbai, April 7 – The Indian stock markets on Tuesday experienced sharp losses in the early trading session, with equity benchmarks declining by 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen...
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Mumbai, April 6 The rupee gained 28 paise to close at 92.90 against the US dollar on Monday, following measures taken by the Reserve Bank to curb speculative activity and dampen volatility in the Indian currency.Forex traders said that while the RBI's measures are positive for the rupee...
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Sensex, Nifty Rebound Sharply on Ceasefire Hopes and Cooling Crude Prices
Mumbai, April 6: Benchmark equity indices Sensex and Nifty staged a strong recovery on Monday, reversing early losses as easing crude oil prices and reports of potential ceasefire efforts in West Asia lifted investor...
Mumbai, April 6 The rupee gained 14 paise to close at 93.04 (provisional) against the US dollar on Monday, following Reserve Bank initiatives aimed at curbing speculative activity and dampening volatility in the rupee.Forex traders said that while the RBI measures are rupee-positive, continued...
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New Delhi, April 6 – Saudi Arabia increased the price of its flagship crude on Monday, with state-owned Saudi Aramco setting the official selling price for its Arab Light crude for May shipments at a record premium of $19.50 per barrel over the regional benchmark for Asian buyers.This steep...
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New Delhi, April 6 Crude oil prices rose by Rs 91 to Rs 9,284 per barrel in futures trading on Monday, remaining near record levels, after US President Donald Trump warned of military strikes on Iran's power plants and other infrastructure if the Strait of Hormuz is not reopened.On the Multi...
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...