UBS Says Indian IT Sell-Off Is Misread, AI Seen as Opportunity Not Threat
Indian IT stocks may be facing misplaced fears around artificial intelligence, according to UBS, which believes the recent correction in the sector is being misinterpreted by the market.Hartmut Issel, Head of APAC...
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The Indian rupee strengthened by 6 paise to 90.89 against the US dollar in early trading on Wednesday, supported by a weaker dollar index and a firm opening in domestic equity markets.The local currency opened at 90.94 in the interbank foreign exchange market before advancing to 90.89, marking...
Indian Rupee Opens Higher in Interbank Market
The Indian rupee strengthened by 6 paise to 90.89 against the US dollar in early trade on Wednesday, February 25, supported by a weaker American currency and a strong opening in domestic equity markets.At the interbank foreign exchange market, the...
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The Indian rupee traded in a tight range on Tuesday before settling 6 paise lower at 90.95 against the US dollar, weighed down by a stronger greenback, rising crude oil prices, and weakness in domestic equity markets.The local currency had closed at 90.89 on Monday after gaining 5 paise in the...
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Indian Rupee Closes 6 Paise Lower Amid Trade Uncertainty and Weak Equities
Mumbai, February 24: The Indian rupee traded in a tight band on Tuesday before closing 6 paise lower at 90.95 against the US dollar on a provisional basis, pressured by a firm greenback and rising global crude oil prices...
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Indian Rupee Falls 7 Paise Amid Stronger Dollar and Weak Equity Opening
Mumbai, February 24: The Indian rupee weakened by 7 paise to 90.96 against the US dollar in early trade on Tuesday, pressured by a rise in global crude oil prices and a firmer US dollar.At the interbank foreign exchange...
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The Indian rupee strengthened by 21 paise to 90.73 against the US dollar in early trade on Monday, supported by a sharp decline in global crude oil prices and a weaker dollar amid fresh uncertainty over US tariff measures.At the interbank foreign exchange market, the rupee opened at 90.76 and...
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Domestic macroeconomic data releases, the monthly futures and options expiry, and global developments triggered by fresh tariff measures from US President Donald Trump are expected to keep Indian equity markets volatile in the coming week, according to analysts.Investors will also track...
Rupee Closes Higher at 90.69 Against US Dollar, Gains 5 Paise on Equity Strength and Softer Crude
The Indian rupee strengthened on Tuesday, closing 5 paise higher at 90.69 against the US dollar on a provisional basis. The domestic currency drew support from firm equity markets and easing global...
Aye Finance IPO Listing: Stock Opens at Par on NSE and BSE
New Delhi, February 16: Shares of non-banking financial company Aye Finance made a flat debut on the stock exchanges on Monday, listing at Rs 129 per share, in line with the upper end of its issue price band.The stock opened at Rs 129...
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Fractal Analytics IPO Listing: Stock Opens Below Issue Price on NSE
New Delhi, February 16: Shares of Fractal Analytics made a subdued debut on the stock exchanges on Monday, listing at a discount of nearly 3 percent to the issue price of ₹900.On the NSE, the stock opened at ₹876, marking a...
Mumbai, February 15 Foreign portfolio investors have staged a notable comeback in early February, pumping ₹19,675 crore into Indian equity markets during the first fortnight of the month. The renewed buying interest follows three consecutive months of heavy outflows and reflects improving global...
Mumbai, February 15 – The market valuation of Tata Consultancy Services (TCS) fell by ₹90,198.92 crore to ₹9,74,043.43 crore this week, emerging as the biggest laggard among India’s top companies amid a broader bearish trend in equities.The combined market capitalization of six of the top 10...
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