Rupee falls 17 paise to 88.26 against U.S. dollar in early trade
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 17 paise…
InterGlobe Aviation, Adani Ports, Mahindra & Mahindra, and Titan were among the laggards. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty ended higher on Tuesday (April 7, 2026), as a drop in crude oil prices and a rally in global markets calmed investors’ sentiment. Also, buying in IT stocks aided recovery in…
At the interbank foreign exchange market, the rupee opened at 93.05 against the U.S. dollar, then lost ground to trade at 93.07, registering a fall of 17 paise from its previous close. | Photo Credit: Reuters The rupee depreciated 10 paise to close at 93 (provisional) against the U.S. dollar on Tuesday (April 7, 2026),…
Gold prices declined by ₹610 to ₹1.49 lakh per 10 grams in futures trade on Tuesday as surging crude oil rates and escalating tensions in West Asia dampened the demand for the safe-haven asset and kept investors cautious. On the Multi Commodity Exchange, the yellow metal for June delivery depreciated by ₹610, or 0.41 per…
The rally followed sharp gains in international oil prices, as traders remained concerned over supply disruptions and ongoing conflict in West Asia. File | Photo Credit: Reuters Crude oil prices climbed ₹300 to hit a record of ₹10,888 per barrel in futures trade on Tuesday (April 7, 2026), tracking strong global energy benchmarks amid persistent…
Comex gold edged higher to around $4,700 per ounce on Tuesday, gaining roughly $20 in the session, while MCX gold climbed approximately ₹1,200 to trade near ₹1,51,000 — buoyed by tentative signals of US-Iran diplomatic engagement and a modest pullback in crude oil prices. However, analysts caution that the bounce reflects short covering rather than…
Tanishq is sharpening its focus on affordability and product innovation ahead of Akshaya Tritiya, as volatile gold prices continue to shape consumer behaviour, said CEO Arun Narayan. After an unprecedented surge in gold prices over the past year, the jewellery retailer is continuing to see shifting buying patterns, with customers advancing purchases amid concerns of…
Reserve Bank Governor Sanjay Malhotra, head of the six-member Monetary Policy Committee (MPC). File | Photo Credit: Reuters The Reserve Bank’s rate-setting panel on Monday (April 6, 2026) started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal year amid expectations of a status quo on the benchmark lending rate in…
Gold prices rose over 1 per cent to ₹1.51 lakh per 10 grams in futures trade on Monday amid escalating geopolitical tensions in West Asia. On the Multi Commodity Exchange, the yellow metal for June delivery climbed ₹1,621, or 1.08 per cent, to ₹1,51,301 per 10 grams, from Thursday’s closing level of ₹1,49,680 per 10…
Representative image. | Photo Credit: Getty Images/iStockphoto The Indian rupee closed nearly unchanged on Monday (April 6, 2026), wedged between dollar sales spurred by the unwinding of arbitrage positions and importers’ hedging demand amid swirling risks from the Iran war. The rupee closed at 93.06 against the dollar, after closing at 93.10 in the previous…
Benchmark indices Sensex and Nifty staged a sharp rebound on Monday (April 6, 2026) after falling in early trade following a correction in crude oil prices amid reports of ceasefire efforts in the ongoing West Asia war. Intense buying in banking and IT stocks, and a strengthening rupee, supported investor sentiment, traders said. Follow |…