Forex traders said the rupee opened in the positive on improved global risk sentiments; however, a negative trend in domestic equities dented investor sentiments and dragged down the local unit. Representational file image. | Photo Credit: Reuters The rupee pared initial gains and settled for the day in the negative territory, down 23 paise at…
Foreign Institutional Investors bought equities worth ₹7,940.70 crore on June 20, 2025, according to exchange data. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty tumbled on Monday (June 23, 2025), as intensifying tensions in the Middle East after the U.S. bombed three major nuclear sites in Iran unnerved investors. After losing…
With gold prices hovering near ₹1 lakh per 10 gm, the bullion industry expects consumer interest in the precious metal to continue during the auspicious occasion of AkshayaTritiya. Consumers will likely show interest in buying the yellow metal in the form of coins, jewellery, studded jewellery, ETFs and digital gold. The industry is trying to…
The 50-share NSE Nifty went up by 51.2 points to 25,568.25 on July 1, 2025. File | Photo Credit: REUTERS Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (July 1, 2025) fter falling in the previous trading session, amid a rally in global markets. Moreover, buying in blue-chip stocks — Reliance…
Rupee hits five-month low at 86.78 against USD due to market pressure, offset by FII inflows and forex reserves. File | Photo Credit: Reuters The rupee plunged 23 paise to close at a five-month low of 86.78 (provisional) against the U.S. dollar on Monday (June 23, 2025) amid a strengthening dollar and volatile crude oil…
Bullion, a safeguard against political and financial turmoil, last soared to a record high of $3,500.05 per ounce on April 22 due to global economic uncertainties | Photo Credit: Chris Ratcliffe Gold prices dropped on Wednesday, pressured by a firmer dollar and a de-escalation in trade tensions between the United States and its trading partners,…
Rep. image | Photo Credit: The Hindu The rupee appreciated 42 paise to 85.34 against the US dollar in early trade on Tuesday (July 1, 2025), as the American unit plunged to a multi-month low and a positive trend in domestic equities boosted sentiments. Forex traders said the US dollar index weakened in the overseas…
India’s manufacturing and services index hits a 14-month high in June, driven by strong export demand, employment growth, and low inflation. File | Photo Credit: Reuters An index measuring India’s combined manufacturing and services performance rose to a 14-month high in June, driven by strong export demand. The HSBC Flash India Composite Output Index rose…
Gold demand in the March quarter was down 15 per cent at 118 tonnes against 139 tonnes logged in the same period a year ago, largely due to high prices suppressing jewellery sales. However, in value terms the demand was up 22 per cent at ₹94,030 crore against ₹76,820 crore registered last year, according to…
Foreign Institutional Investors offloaded equities worth ₹831.50 crore on June 30, 2025, according to exchange data. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed higher in a range-bound trade on Tuesday (July 1, 2025) following gains in Reliance Industries and HDFC Bank. The 30-share BSE Sensex rose by 90.83 points…
