April 9, 2023 New Delhi, India Daily Currency Market Analysis USD/INR The last traded price of USDINR was 83.3400 down by 0.00%. Trading range: 83.2-83.58 Analysis: The Indian Rupee (INR) appreciated against the US Dollar (USD) likely due to positive market sentiment surrounding the Reserve Bank of India’s (RBI) monetary policy and its commitment to…
April 8, 2023 New Delhi, India The Indian stock market witnessed a bullish run on Monday, with both the Sensex and Nifty indices reaching new record highs. Despite mixed cues from global markets, sectors like auto, realty, and metal contributed to the upward movement. Market Performance: The Sensex surged by 494 points to close at…
April 2, 2023 New Delhi, India Market Highlights In a day of mixed fortunes for investors, the Indian stock market witnessed a slight dip in benchmark indices while broader indices showed resilience, registering gains across sectors. Market Highlights: The S&P BSE Sensex ended the day marginally lower, slipping by 111 points or 0.15%, closing at…
March 27, 2023 New Delhi, India Indian Stock Market Closes Higher The Indian stock market closed on a positive note today, with both the Nifty and the Sensex recording gains. The bullish trend was primarily led by heavyweight stocks like Reliance Industries and HDFC Bank. Both the index Nifty and Sensex Closed at 22,123.65 up…
March 27, 2023 New Delhi, India Market Volatility Anticipated as F&O Expiry Looms Global Cues and Domestic Triggers Analysts are bracing for a volatile week ahead in the Indian stock markets, as multiple factors converge to influence investor sentiment. With the scheduled expiry of March month derivatives contracts and the impending close of the financial…
March 18, 2023 New Delhi, India In today’s trading session, Indian stock market experienced a mix of volatility and optimism, with the Sensex closing up by 100 points and the Nifty maintaining its position above the crucial 22,000 mark. Here’s a breakdown of the key highlights from the market: Sensex and Nifty Performance: The benchmark…
March 11, 2023 New Delhi, India Stock Market Highlights The Indian stock market witnessed a downward trend today as both the Sensex and Nifty plunged, echoing cautious sentiment amidst global market uncertainties. Let’s delve into the factors contributing to this decline. Both the indices Nifty and Sensex closed at 22,332.65 down −160.90 (0.72%) and 73,502.64 down…
February 29, 2023 New Delhi, India Recent developments in the US and Indian economies have significant implications for the USD/INR rate. With revisions in US fourth quarter GDP and forecasts for Indian GDP growth, investors closely monitor these indicators. Let’s analyze the impact of these updates on the currency pair. US Fourth Quarter GDP Revision…
February 28, 2023 New Delhi, India Indian Stock Market Highlights: Sensex and Nifty Drop In a tumultuous day for Indian investors, the benchmark indices, Sensex and Nifty, plunged significantly on February 28, 2024. This decline came amidst a backdrop of growing concerns over global economic stability. Key Highlights: Sensex and Nifty Downturn: The Sensex plummeted…
February 23, 2023 New Delhi, India Stock Market Highlights The Indian stock market closed flat today, as investors exercised caution amid anticipation of crucial economic data releases. While initial gains propelled benchmarks to new highs, concerns over upcoming data led to a subdued close. Domestic Market Overview: The Sensex and Nifty indices experienced a lackluster…
