File image used for representational purpose only. | Photo Credit: Getty Images The Indian stock market is closed for trading today in observance of Eid-ul-Adha, with trading set to resume on Tuesday, as stated on the National Stock Exchange’s (NSE) official website. The closure includes all segments, including stocks, derivatives, and SLBs (Securities Lending and…
“While India’s total imports from the UAE fell 9.8% from $53.2 billion in FY23 to $48 billion in FY24, imports of gold and silver skyrocketed 210%, from $3.5 billion to $10.7 billion,” GTRI report said. | Photo Credit: Reuters “India’s gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210%…
A man walks past the logo of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty hit their new all-time high levels in early trade on Tuesday helped by firm trends in global markets, buying in IT stocks and fresh foreign fund inflows. Rising for…
Image for representation | Photo Credit: Reuters The rupee appreciated 7 paise to 83.48 against the U.S. dollar in early trade on Tuesday amid a fresh inflow of foreign capital and positive sentiment in the domestic equity markets. Forex traders said the strengthening American currency weighed on the local unit though it found support due…
Reports of selling of dollars by state-run banks also supported the rupee. File | Photo Credit: REUTERS The rupee appreciated 13 paise to settle at 83.42 (provisional) against the U.S. dollar on Tuesday, buoyed by fresh inflow of foreign capital and a firm trend in domestic equity markets, wherein benchmark indices scaled new peaks. Forex…
Benchmark Sensex closed above the 77,000 level for the first time, and broader Nifty scaled a fresh peak on Tuesday as key equity indices stayed on the record-breaking run powered by a rally in index majors ICICI Bank, HDFC Bank and Infosys. Besides, renewed foreign fund inflows amid a firm trend in global equities boosted…
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. | Photo Credit: Reuters Nvidia edged ahead of other tech companies on June 18 to become the world’s most valuable publicly traded company in the latest sign of the might of artificial intelligence. The chip…
A sub-broker makes flower offerings before the statue of a bull outside the Bombay Stock Exchange in Mumbai. File photo | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty hit their new lifetime peaks in early trade on Wednesday, June 19, 2024, amid a firm global market trends, buying in bank stocks and…
The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.37 against the U.S. dollar in early trade on Wednesday boosted by sustained inflow of foreign capital and firm equity markets. | Photo Credit: REUTERS The rupee stayed on the upward track for the second straight session and…
At the interbank foreign exchange market, the local unit opened strong at 83.39 and moved in the range of 83.34 and 83.48 against the greenback during the session. | Photo Credit: The Hindu The Rupee paired its initial gains and settled one paisa lower at 83.44 (provisional) against the U.S. dollar on June 19 in…
