Photo used for representation purpose only. | Photo Credit: Reuters The rupee settled flat at 84.07 (provisional) against the US dollar for the second straight session on Tuesday (October 22, 2024), tracking negative domestic equity markets and unabated outflow of foreign funds. The local unit was also weighed down by elevated crude oil prices as…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty plunged more than 1% on Tuesday (October 22, 2024) due to across-the-board selloff amid massive foreign fund exodus from the capital markets and sluggish global equities. Besides, a weak earnings growth trend also dented market sentiment,…
File image. | Photo Credit: Reuters The Reserve Bank of India (RBI) on Tuesday (October 22, 2024) added 13 entities/platforms/websites to the Alert List of unauthorised Forex trading platforms. These include: Ranger Capital https://www.rangercapital.net TDFX https://www.tdfx.exchange Inefex https://www.inefex.com/international YorkerFX https://yorkermarkets.com Growline https://grow-line.org Think Markets https://www.thinkmarkets.com Smart Prop Trader https://www.smartproptrader.com FundedNext https://fundednext.com Weltrade https://www.weltrade.com FreshForex https://freshforex.com FX Road https://www.fxroad.com DBG Markets https://www.dbgmarketsglobal.com Plusonetrade https://www.plusonetrade.com Published – October 22, 2024…
Representative image | Photo Credit: Reuters The rupee stayed flat at 84.07 against the U.S. dollar in early trade on Tuesday (October 22, 2024) as positive sentiment in domestic equity markets was negated by the unabated outflow of foreign funds. The local unit resisted the fall on the back of the retreating dollar and a…
Foreign Institutional Investors (FIIs) offloaded equities worth ₹2,261.83 crore. File | Photo Credit: The Hindu Equity market benchmark indices rebounded in early trade on Tuesday (October 22, 2024) amid buying in blue-chip stocks and persistent fund inflows by domestic institutional investors. After falling in the previous trade, the BSE Sensex bounced back and climbed 239.33…
Representative Image | Photo Credit: AP Automobile company Hyundai Motor India Ltd, the subsidiary of Hyundai Motor Corporation of Korea, was listed on the BSE on Tuesday (October 22, 2024) at a discount of 1.48% at ₹1931 from the issue price of ₹1960. The owners of the company had offered ₹14.22 crore shares via an…
UltraTech Cement’s total income, which includes other income, was at ₹15,855.46 crore. File | Photo Credit: Special arrangement “UltraTech Cement Limited on Monday (October 21, 2024) reported a consolidated net profit of ₹825.18 crore for September quarter 2024-25. It had posted a net profit of ₹1,280.38 crore in July-September FY24,” according to a regulatory filing from…
At the interbank foreign exchange market, Rupee opened at 84.06 against the greenback and stayed almost flat throughout the session. File | Photo Credit: The Hindu The Rupee on Monday (October 21, 2024) settled flat at 84.07 (provisional) against the U.S. dollar amid strong American currency against major rivals overseas and relentless foreign fund outflows….
From the 30 Sensex firms, Kotak Mahindra Bank tanked more than 4% after the company’s quarterly earnings failed to cheer investors. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty gave up initial gains and ended lower on Monday (October 21, 2024) tracking a sharp fall in Kotak Mahindra Bank and relentless foreign fund…
BSE Sensex jumped 545.27 points to 81,770.02 in early trade. File | Photo Credit: PTI Equity benchmark indices began the trade on a buoyant note on Monday (October 21, 2024), helped by buying in blue-chip HDFC Bank, but later gave up all the initial gains amid a sharp fall in Kotak Mahindra Bank and unabated…
