“A marginal decline in the value of the greenback against overseas currencies and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit,” forex traders said. | Photo Credit: The Hindu “Rupee depreciated two paise to close at 83.98 (provisional) against the U.S. dollar on Thursday (October…
From the 30 Sensex companies, Kotak Mahindra Bank, JSW Steel, HDFC Bank, Power Grid, IndusInd Bank, Maruti Suzuki India, NTPC, Axis Bank and Mahindra & Mahindra were among the gainers. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled higher on Thursday (October 10, 2024) due to gains in banking, power and…
Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming Tata Group into a global conglomerate, passed away late on October 9. | Photo Credit: PTI Shares of Tata Group companies on Thursday (October 10, 2024) rose up to 10%, with Tata Chemicals and Tata Teleservices among the major gainers. Tata Sons…
Stock trader looking at a share price on a screen at a brokerage house as BSE index moved up on a trading day. File photo | Photo Credit: The Hindu Benchmark equity indices climbed in early trade on Thursday (October 10, 2024) amid a firm trend in global equities and buying in banking stocks. Market…
At the interbank foreign exchange, the rupee opened at 83.95, marginally up by 1 paisa against the U.S. dollar, and traded almost flat in early deals. File | Photo Credit: Reuters The rupee rose 1 paisa to 83.95 against the U.S. dollar in early trade on Thursday (October 10, 2024) amid a firm trend in…
Image for representational purposes only. | Photo Credit: REUTERS Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday (October 9, 2024) due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy…
“The Indian Rupee remained steady as the RBI left repo rate and CRR unchanged at 6.5% and 4.5%, respectively,” said Anuj Choudhary – Research Analyst at Sharekhan by BNP Paribas. | Photo Credit: The Hindu The Rupee traded in a narrow range and settled for the day higher by just one paisa at 83.96 (provisional)…
Image for representational purposes only. | Photo Credit: REUTERS South Korean automaker’s Indian arm Hyundai Motor India Ltd will launch the largest initial public offering (IPO) in the country’s history next week, aiming to raise ₹27,870 crore (about $3.3 billion). This IPO will surpass the ₹21,000 crore offering by Life Insurance Corporation of India (LIC)…
The 30-share BSE Sensex climbed 123.45 points or 0.15%, to 81,758.26 in early trade and the NSE went up 39.65 points or 0.16%, to 25,052.80 on Wednesday. | Photo Credit: Reuters Benchmark equity indices climbed in early trade on Wednesday (October 9, 2024) ahead of the Reserve Bank of India’s monetary policy decision. Buying in…
A woman sits on the Bund near Huangpu river as she looks on the financial district of Pudong in Shanghai, China. File photo for representational purpose only. | Photo Credit: REUTERS Shares in China slumped on Wednesday (October 9, 2024), as details of economic stimulus plans from officials in Beijing failed to live up to investors’…
