BENGALURU – A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism around an easing in the U.S.-China trade dispute not enough to give it a further boost, a Reuters poll showed. After falling nearly 9% in 2018, […]
Mumbai, Nov 6: Market benchmark BSE Sensex surged over 350 points to hit its record intra-day peak of 40,606.91 points on Wednesday driven by strong buying sentiment in banking, metal and realty stocks. After starting on a choppy note, the 30-share index rallied to trade 332.85 points, or 0.83 […]
Mumbai, Nov 5: The rupee gained 8 paise to close at a fresh five-week high of 70.69 against the US dollar on Tuesday following foreign fund inflows and gains in Asian peers after Chinese central bank cut interest rates. Forex inflows through Bajaj Finance share sale to qualified institutional […]
Mumbai, Oct 29: Equity benchmark Sensex shot up nearly 582 points on Tuesday on broad-based buying by participants buoyed by encouraging quarterly earnings and US-China trade deal optimism. On the Sensex chart, Tata Motors emerged as a standout performer surging about 17 per cent after the company reported narrowing […]
Mumbai, Oct 10: Equity benchmark BSE Sensex dropped over 150 points on Thursday tracking losses in banking stocks amid unabated foreign fund outflow. The 30-share index was trading 170.98 points, or 0.45 per cent, lower at 38,006.97 at 0930 hours. Similarly, the broader NSE Nifty fell 48.60 points, or […]
Mumbai, Oct 10: Equity benchmark BSE Sensex dropped over 150 points on Thursday tracking losses in banking stocks amid unabated foreign fund outflow. The 30-share index was trading 170.98 points, or 0.45 per cent, lower at 38,006.97 at 0930 hours. Similarly, the broader NSE Nifty fell 48.60 points, or […]
BENGALURU – India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since early 2018, according to a private survey which also found business optimism at its lowest in 2-1/2 years. Friday’s survey adds to the deepening gloom around businesses […]
MUMBAI – The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping up its efforts to kickstart an economy growing at its slowest pace in six years. The central bank, which also sharply trimmed its 2019-20 growth […]
Mumbai, Sept 30: The BSE benchmark Sensex plunged over 310 points in opening trade on Monday due to sell-offs mainly in financial, metal and auto stocks amid subdued global cues. Likewise, the NSE gauge Nifty too dropped over 84 points to slip below the psychological 11,500-level. Yes Bank, IndusInd […]
New Delhi, Sep 29: RBI’s interest rate decision, macroeconomic data points and global cues would be the key driving factors for the equity market in the holiday-shortened week ahead, say analysts. Markets would remain closed on Wednesday for ‘Mahatma Gandhi Jayanti’. “Markets are expected to consolidate further with the […]
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