Image used for representative purpose only. File. | Photo Credit: Reuters Benchmark equity indices climbed on June 12, with the Nifty hitting its fresh record high level and Sensex climbing nearly 600 points, amid buying in market blue-chip stocks HDFC Bank and Reliance Industries. Buying in IT stocks also propelled the rally in the markets….
At the interbank foreign exchange market, the local unit opened at 83.56. | Photo Credit: REUTERS Rupee appreciated 3 paise to close at 83.56 (provisional) against the U.S. dollar on Wednesday, on positive domestic market, wherein benchmark sensitive index Nifty touched a fresh all-time high. Forex traders said rupee is trading in a narrow range…
Benchmark equity indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level, mainly due to buying in power, capital goods and industrial stocks amid a largely positive trend in global equities. Besides, a heavy rush on select index-heavyweight counters like HDFC Bank and Reliance Industries boosted investors’ sentiment, traders said. In…
State-owned NBCC (India) Limited has bagged a ₹100 crore contract from Oil India to construct a centralised core repository with advanced laboratory facilities, in Guwahati in Assam. In a statement on June 12, NBCC said it has inked a Memorandum of Understanding (MoU) with Oil India for the construction of a centralised core repository with…
FILE PHOTO: A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. | Photo Credit: FRANCIS MASCARENHAS The activity of the stock market as the general elections drew to a close has been a subject of controversy. Indian stocks hit record highs after…
Franklin Templeton. File. Equity market returns for investors in the next three years will not be as good as the last three years, a senior official from Franklin Templeton MF said on July 3. Its chief investment officer for emerging markets equity R Janakiraman, however, told reporters that the returns will be “respectable” and outperform…
Investors and brokers react after monitoring thestock prices on a digital screen. File photo | Photo Credit: ANI Benchmark equity indices Sensex and Nifty hit their fresh record high levels in early trade on Thursday, June 13, 2024, after retail inflation slipped to one-year low in May along with buying in IT stocks. The 30-share…
Equity benchmark indices Sensex and Nifty hit their fresh record levels on Thursday after lower inflation numbers raised hopes of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durable and industrial stocks also helped the indices, traders said. Retail inflation continued its downward slide to reach a one-year low…
The rupee consolidated in a narrow range and settled for the day lower by 7 paise at 83.55 (provisional) against the U.S. dollar on Thursday even as both the domestic equity benchmark indices touched all-time high levels. Forex traders said rupee was seen resilient against the dollar, even after volatility witnessed in the dollar index,…
Bombay Stock Exchange (BSE). | Photo Credit: REUTERS Benchmark equity indices declined in early trade on Friday amid profit-taking after a record rally in the previous day and fresh foreign fund outflows. The 30-share BSE Sensex declined 206.18 points to 76,604.72. The NSE Nifty dipped 61.5 points to 23,337.40. Among the 30 Sensex companies, Tech…
