Rupee rises 25 paise to close at 87.84 against U.S. dollar

Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 25 paise to close at 87.84 (provisional) against U.S. dollar on Wednesday (September 17, 2025), tracking a positive trend in domestic equities and supported by optimism over U.S.–India trade negotiations. Forex traders said the Indian rupee strengthened for the fourth consecutive session on…

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Urban Company shares make strong market debut; jump over 57% over issue price

 The company plans to use funds raised through the fresh issuance for new technology development and cloud infrastructure, lease payments for its offices, marketing activities, and general corporate purposes. File. | Photo Credit: Reuters Shares of app-based beauty and home services platform Urban Company Ltd on Wednesday (September 17, 2025) listed with a premium of…

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Stock markets rebound in initial trade

Foreign institutional investors offloaded equities worth ₹1,268.59 crore on September 15, 2025, according to exchange data. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rebounded in early trade on Tuesday (September 16, 2025) amid hopes of progress in the India-U.S. bilateral trade talks. A day-long talk on the India-U.S. bilateral trade…

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Classification of REITs as ‘equity’ to boost investment in Indian real estate: Industry

Markets regulator Securities and Exchange Board of India’s (SEBI)‘ decision to classify Real Estate Investment Trusts (REITs) as “equity” for investments by mutual funds is a progressive step that will widen investors’ participation and strengthen this instrument. To enhance investment by Mutual fund schemes in REITs, the SEBI Board last week approved the amendments to…

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