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On June 6, the Rupee settled seven paise higher at 83.44 against the dollar. | Photo Credit: The Hindu The Rupee depreciated five paise to settle at 83.49 (provisional) against the U.S. dollar on June 6 due to foreign capital outflows and rising crude oil prices overseas. Forex traders said a weak American currency and…
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All the 30 Sensex companies ended in the green, with IndusInd Bank jumping nearly 8%. Tata Steel, Mahindra & Mahindra, Bajaj Finance, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Hindustan Unilever and JSW Steel also emerged big gainers. | Photo Credit: Reuters A day after facing massive erosion from their wealth, equity investors became richer…
Read More “Investors become richer by ₹13.22 lakh crore as markets bounce back after rout” »
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty made a strong comeback on June 5, rallying over 3% each after facing heavy drubbing in the previous trade on below-expectation poll results. Bouncing back from June 4’s debacle, the 30-share BSE Sensex jumped 2,303.19 points…
Read More “Stock markets bounce back 3% after bloodbath on value-buying” »
From the Sensex firms, Tata Steel, JSW Steel, Power Grid, Titan, Nestle India and Bajaj Finserv were the biggest laggards. | Photo Credit: Reuters Benchmark equity indices plunged in early trade on May 30, continuing to fall for the fifth day running, in line with weak global trends and unabated foreign fund outflows. The 30-share…
The BSE benchmark hit its all-time peak of 76,009.68 on May 27. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined nearly 1% on June 29, falling for the fourth day running amid profit-taking by cautious investors ahead of the results of the Lok Sabha polls. The 30-share BSE Sensex declined 667.55 points…
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At the interbank foreign exchange market, the local unit opened at 83.50 and touched an intraday high of 83.32 and a low of 83.50. | Photo Credit: The Hindu Rupee appreciated 17 paise to close at 83.33 (provisional) against the U.S. dollar on May 17, on positive domestic markets and expectations of some fresh foreign…
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In a highly volatile trade, the 30-share BSE Sensex climbed 676.69 points or 0.93% to settle at 73,663.72. During the day, it hit a high of 73,749.47 and a low of 72,529.97. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty shot up nearly 1% on May 16, driven by buying in HDFC Bank…
Read More “Sensex, Nifty spurt nearly 1% on buying in HDFC Bank, Infosys amid global stocks rally” »
From the Sensex basket, Tata Motors dropped more than 7%. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on May 13 amid continuous foreign fund outflows, weak trends from Asian markets and heavy selling in Tata Motors. The 30-share BSE Sensex tanked 462.33 points to 72,202.14. The NSE Nifty…
From the Sensex basket, Larsen & Toubro went lower by more than 3% after March quarter earnings. | Photo Credit: Reuters Benchmark equity indices declined in early trade on May 9 amid heavy foreign fund outflows and selling in Reliance Industries and Tata Consultancy Services. Declining for the third day running, the 30-share BSE Sensex…
From the Sensex basket, Asian Paints, UltraTech Cement, Hindustan Unilever, HDFC Bank, HCL Technologies, Bajaj Finance, Bajaj Finserv and ICICI Bank were the major laggards. | Photo Credit: Reuters Benchmark Sensex declined more than 45 points in highly volatile trade on May 8, tracking weak Asian markets and continuous foreign fund outflows. Declining for the…
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