Lenskart files for IPO, to raise ₹2,150 crore in fresh issue
Representational image of a Lenskart store. File | Photo Credit: Special arrrangement India’s largest eyewear…
Rupee falls 9 paise to close at 92.63 against U.S. dollar
Image for representational purposes only. File | Photo Credit: Getty Images/iStockphoto The rupee depreciated 9 paise to close at 92.63 (provisional) against the U.S. dollar on Thursday (April 9, 2026), as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz. Forex traders said geopolitical uncertainty was…
Gold futures trade higher at ₹1.51 lakh/10g
Gold prices pared early losses to trade higher at ₹1.51 lakh per 10 grams in futures trade on Thursday, supported by cautious buying amid a fragile ceasefire between the US and Iran. On the Multi-Commodity Exchange, the yellow metal contract for June delivery opened lower, but later reversed losses to trade in the green territory….
Sensex tumbles 931 points, Nifty plunges to 23,775 level amid fading confidence on Iran-U.S. ceasefire
Image for representational purposes only. File | Photo Credit: Reuters Equity benchmark indices ended lower on Thursday (April 9, 2026), with the Sensex tumbling 931 points after a spectacular rally in the previous session, as renewed tensions in West Asia faded the ceasefire-led optimism. The ceasefire deal appeared to be at risk after Iran closed…
How the math works on a $1.75 trillion SpaceX valuation
SpaceX has a commanding lead in deploying the low-Earth orbit satellites that deliver internet and communications for its Starlink service from space. File | Photo Credit: AP Elon Musk’s SpaceX is seeking a $1.75 trillion valuation in its forthcoming initial public offering. How far into the stratosphere is that? Going by common Wall Street metrics, the…
Rupee falls 17 paise to 92.71 against U.S. dollar
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 17 paise to 92.71 against U.S. dollar in early trade on Thursday (April 9, 2026) as the fragile ceasefire and Iran’s threat to step out of the talks if Israel kept bombing Lebanon kept investors wary. Forex traders said markets are in…
Stock markets tumble in early trade amid fresh tensions in West Asia
Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,811.97 crore on Wednesday (April 8), according to exchange data. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday (April 9, 2026) after an impressive rally in the previous session amid fresh tensions in West Asia, igniting concerns over a…
Gold steady as investors eye US-Iran talks, brace for inflation data
Spot gold has declined more than 10% since the US-Israeli war on Iran began on February 28, as higher energy prices fuelled inflation concerns and prompted markets to reassess interest rate expectations. Gold prices held steady on Thursday as market players remained cautious about the direction of US-Iran ceasefire talks, with a key US inflation…
MMTC-PAMP launches buyback offer for silver coins, bars, jewellery
MMTC-PAMP, a London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, has launched an organised buyback offering for silver coins, bars and jewellery. MMTC-PAMP plans to offer this service at select retail stores across India. MMTC-PAMP, which operates 17 stores for the recycling of gold in India, aims to extend its buyback offering…
INR to USD: Rupee surges 47 paise to close at 92.59 per USD on Iran-U.S. ceasefire, RBI pause on policy rates
Image for representational purposes only. File | Photo Credit: Reuters The rupee appreciated 47 paise to close at 92.59 (provisional) against the U.S. dollar on Wednesday (April 8, 2026) after U.S. President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged…
Sensex, Nifty jump nearly 4% on U.S.-Iran ceasefire, correction in crude prices
Bombay Stock Exchange. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended nearly 4% higher on Wednesday (April 8, 206), following an impressive rally in global markets and a drop in crude oil prices, after the U.S. and Iran announced a two-week ceasefire. Rallying for the fifth day in a row, the…
