People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File photo | Photo Credit: PTI Benchmark equity indices declined in early trade on Tuesday (September 3, 2024) due to emergence of profit-taking after a record rally. Weak trends from Asian peers also contributed to the tepid investors’ sentiment in the domestic equity market…
Image used for representative purpose only. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty hit their fresh all-time closing high levels on Monday, tracking foreign fund inflows and a rally in the U.S. markets. The U.S. rate cut hopes and renewed foreign fund inflows are fuelling the recent rally in domestic equities, traders…
We expect the rupee to trade with a slight positive bias as domestic markets are trading at fresh record highs with fresh FII inflows. File | Photo Credit: Raghunathan S.R. The rupee declined 7 paise to close at 83.92 (provisional) against the greenback on Monday (September 2, 2024) on disappointing domestic macroeconomic data. However, positive…
File, | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty hit their fresh all-time high levels in early trade on Monday (September 2, 2024) tracking foreign fund inflows and a rally in the US markets. Equity markets have been continuously rallying amid the US rate cut hopes gathering momentum and renewed foreign fund inflows….
File. | Photo Credit: Reuters Rupee declined 3 paise to hit 83.88 against the U.S. dollar in early trade on Monday (September 2, 2024) amid fluctuating crude oil prices. Forex traders said volatility in the international dollar trade and limited movement in the Brent crude rates contributed to the decline in the domestic currency in…
Representational image only. The government has cut the windfall tax on domestically-produced crude oil to ₹1,850 per tonne, from ₹2,100 per tonne with effect from Saturday (August 31, 2024.) The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on the export of diesel, petrol and jet fuel or ATF,…
The rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.86 (provisional) against the American currency | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day higher by 3 paise at 83.86 (provisional) against the American currency on Friday (August 30, 2024),…
Tata Motors, HDFC Bank, Reliance Industries, Tech Mahindra and ITC were among the laggards. File | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty marched higher to scale fresh lifetime closing peaks on Friday (August 30, 2024), tracking a largely firm trend in global markets and renewed foreign fund inflows. Buying in index…
Rupee appreciated 7 paise to 83.82 against the U.S. dollar. File | Photo Credit: Reuters Rupee appreciated 7 paise to 83.82 against the U.S. dollar in morning trade on Friday (August 30, 2024), supported by significant foreign fund inflows and a positive trend in domestic equities. Forex traders said a rise in global risk sentiments…
Equity benchmark indices Sensex and Nifty hit their new all-time high levels during early trade. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty hit their new all-time high levels during early trade on Friday (August 30, 2024), amid the ongoing bullish rally in domestic stocks, tracking firm trends in Asian markets and…
