The rupee pared initial gains to settle 1 paisa lower at 83.50 against the U.S. dollar on Monday, as muted domestic equities weighed on investor sentiments. | Photo Credit: REUTERS The rupee pared initial gains to settle 1 paisa lower at 83.50 against the U.S. dollar on Monday, as muted domestic equities weighed on investor…
Mixed cues from Asian markets added to the muted trend in domestic equities. File. | Photo Credit: PTI Equity benchmark indices declined in early trade on July 8 as investors opted to book profits after the recent record rally in equities. Mixed cues from Asian markets also added to the muted trend in domestic equities….
U.S. short-seller Hindenburg Research had shared an advance copy of its damning report against the Adani Group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator SEBI. The Securities and Exchange Board of India…
On May 30, Rupee gained 11 paise to close at 83.29 against the U.S. dollar. | Photo Credit: The Hindu The Rupee paired all its early gains and settled with a steep loss of 20 paise at 83.49 (provisional) against the U.S. dollar on May 31 amid volatile domestic equity markets and unabated outflow of…
The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Stock markets snapped their five-day losing run on Friday with the benchmark BSE Sensex closing higher by 75 points on value-buying in banking and oil shares after recent losses. The 30-share BSE Sensex rose by 75.71 points or 0.10 per cent to…
Whenever the U.S. 10-year bond yields rose above 4.5%, FPIs sold in emerging markets like India and moved money to bonds. | Photo Credit: S.R. Raghunathan Foreign investors pulled out a massive ₹25,586 crore from Indian equities in May due to uncertainty surrounding the outcome of general election and outperformance of Chinese markets. This was…
Markets turn particularly volatile during and in the run-up to the election season. Speculations, psephologists’ analyses, exit polls and rhetoric, among other things— all bear the potential to shroud equity markets in political uncertainty. Investors have ideally preferred a stable government which would focus on spurring economic activity, industrialisation, managing the fiscal deficit, taxation policies…
All the 30 Sensex companies were trading in the green. Power Grid, NTPC, State Bank of India, Larsen & Toubro, Mahindra & Mahindra, IndusInd Bank and Axis Bank were the biggest gainers from the Sensex pack. | Photo Credit: Reuters Investors’ wealth jumped ₹12.48 lakh crore in morning trade on June 3 as the benchmark…
Image used for representational purpose only. | Photo Credit: Reuters The rupee surged 38 paise to hit its three-month high level of 83.04 against the U.S. dollar in early trade on June 2 boosted by a robust sentiment in domestic equity markets on the back of strong macroeconomic data and exit poll results showing a…
Image used for representative purpose only | Photo Credit: Reuters With majority of exit polls predicting a third term for Narendra Modi in the general elections, a state of exuberance gripped the Indian stock markets on Monday, and the key benchmark indices, the S&P BSE Sensex and NSE Nifty-50, surged over 3.3% to their all-time…
