Image for representational purposes only. | Photo Credit: Reuters The Indian rupee emerged as the best-performing Asian currency on Tuesday (February 3, 2026), registering a gain of 122 paise or 1.33% in a single trading session to settle at 90.27 (provisional) against the U.S. dollar, after India and the U.S. agreed to a trade deal….
U.S. gold futures for April delivery were up 3% at $4,791.10 per ounce. File | Photo Credit: Reuters Gold and silver rebounded more than 2% on Tuesday (February 3, 2026) after a sharp selloff that was triggered by the nomination of Kevin Warsh as the next Fed chair and higher margin requirements at CME Group….
Representative image | Photo Credit: Reuters Gems and jewellery stocks were in the limelight on Tuesday (February 3, 2026) after India and the U.S. agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18% from the current 25%. India-U.S. trade deal LIVE Shares of Goldiam International…
Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 119 paise to 90.30 against the U.S. dollar in early trade on Tuesday (February 3, 2026), after U.S. tariffs on India were cut from 50% to 18%. Forex traders said the 18% tariff changes the story, improving India’s relative position and reopening the…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee gained 42 paise to close at 91.51 (provisional) against the U.S. dollar on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Also Read | Rupee hits all-time…
Stock markets rebounded on Monday (February 2, 2026) with benchmark Sensex jumping by 943 points on value buying in blue-chip oil & gas, banking and auto shares after facing a massive drubbing on the Budget day. The 30-share BSE Sensex rallied 943.52 points or 1.17%, to settle at 81,666.46. During the day, it surged 1,009.31…
Image used for representative purpose only. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty rebounded in early trade on Monday (February 2, 2026) driven by value-buying in blue-chip firms, after facing massive drubbing on the Budget day. The 30-share BSE Sensex climbed 302 points to 81,024.94 during initial trade. The 50-share NSE…
Finance Minister Nirmala Sitharaman delivered a mixed bag to capital market prioritising long-term capital instruments over short term one in Budget 2026-27. While raising tax on derivative transactions, the FM increased investment limits for NRIs, rationalised taxation on share buybacks, and proposed measures to deepen bond markets. Ms. Sitharman proposed to raise the STT on…
Finance Minister Nirmala Sitharaman introduced major changes in the way securities, shares and investments are taxed in the Union Budget 2026-27. The Budget increases the tax on derivative trades. What is the net effect of a Securities Transaction Tax (STT) raise on derivative contract on retail investors and brokers? Will the intended effect pan out?…
After opening the day on a positive note, the 30-share BSE Sensex later fluctuated and quoted 13 points up. File | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty gained momentum and were trading higher in morning trade on Sunday ahead of the Budget 2026-27 presentation. After fluctuating in early trade, the 30-share…
