Amid the row over allegations against SEBI chairperson Madhabi Buch, the Congress on Thursday (September 5, 2024) demanded an independent inquiry into the matter, asserting that it is in the national interest to have a probe as foreign investors were getting concerned and there were doubts about the integrity of India’s stock markets. The Opposition…
Image used for representational purpose. | Photo Credit: Reuters Benchmark equity indices rebounded in early trade on Thursday (September 5, 2024) amid steady foreign fund inflows along with buying in frontline stocks Reliance Industries and HDFC Bank. The 30-share BSE Sensex rebounded 264.85 points to 82,617.49 in early trade. The NSE Nifty climbed 76.75 points…
The rupee appreciated by 4 paise to 83.97 against the U.S. dollar in early trade on Thursday. File | Photo Credit: Reuters The rupee appreciated by 4 paise to 83.97 against the U.S. dollar in early trade on Thursday (September 5, 2024) supported by the weakening of the American currency in the overseas market and…
A bird flies past the logo of the Securities and Exchange Board of India (SEBI) at its headquarters in Mumbai on April 19, 2023. | Photo Credit: REUTERS The Securities and Exchange Board of India (SEBI) has blamed “external elements” for “misguiding” its staff, more specifically junior officers in House Rent Allowance (HRA) issues, to target its…
Bombay Stock Exchange (BSE). | Photo Credit: Reuters Stock markets closed lower on Wednesday (September 4, 2024) with Nifty taking a breather after a 14-day winning run and Sensex dropping by 202 points due to weak global trends on worries of potential slowdown in the U.S. market. The 30-share BSE Sensex dropped 202.80 points or…
Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday (September 4, 2024) after a record-breaking rally, tracking extremely weak trends from the global markets. The 30-share BSE Sensex tumbled 721.75 points to 81,833.69 after a…
Image used for representational purpose. | Photo Credit: Reuters The rupee rose 2 paise to 83.96 against the U.S. dollar in early trade on Wednesday (September 4, 2024) aided by a weakening dollar against major currencies overseas and a drop in crude oil prices. The dollar index, which gauges the greenback’s strength against a basket…
The rupee in tandem with Asian currencies fell to its support zone of 83.97 as the Reserve Bank of India seemed to present at 83.97 to protect against any further weakness in the currency. File | Photo Credit: Venkatachalapathy C. The rupee declined 5 paise to 83.96 (provisional) against the U.S. dollar on Tuesday (September…
ICICI Bank, Bajaj Finserv, Titan, Nestle and HDFC Bank were among the gainers. File | Photo Credit: Reuters Snapping its record-breaking rally, benchmark BSE Sensex closed marginally down on Tuesday (September 3, 2024) due to profit-taking in metal, oil and IT shares amid weak global trends. Halting its 10-day winning run, the 30-share BSE Sensex…
Image used for representative purpose only | Photo Credit: Reuters The rupee declined 4 paise to 83.95 against the U.S. dollar in early trade on Tuesday due to a stronger greenback in global markets and weak domestic manufacturing data. A decline in the domestic equity market also contributed to the drop in the local unit,…
