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November 2, 2023 New Delhi, India Stock Market Highlights The Indian stock market witnessed a surge today with the Sensex rallying by almost 500 points and the Nifty hovering around the 19,150 mark. A myriad of sectors, including metal, healthcare, power, oil & gas, and realty, demonstrated a robust uptrend. Nifty and Sensex closed respectively…
October 31, 2023 New Delhi, India Stock Market Highlights The Indian stock market witnessed a decline, with key indices such as the Sensex and Nifty facing a downward trend influenced by global market fluctuations. Nifty and Sensex closed at 19,079.60 down −61.30 (0.32%) and 63,874.93 −237.72 (0.37%) Impact of Global Market Movements Asian markets experienced a downturn…
October 30, 2023 New Delhi, India Rupee vs Dollar The Indian rupee commenced the trading week with a steady performance against the US dollar, as it navigated a range-bound trajectory in early trade on Monday. The rupee’s stability was influenced by several factors, including the strength of the US dollar and prevailing trends in the…
October 30, 2023 New Delhi, India US Federal Reserve’s Influence US Fed Rate Decision This Week Analysts predict major stock market movements this week hinged on the US Federal Reserve’s interest rate decision, expected to impact global market trends. Heightened levels of US bond yields prompt keen interest in the Fed’s move. Global Factors in…
October 27, 2023 New Delhi, India Stock Market Highlights The Indian stock market staged a remarkable recovery as key indices soared on Friday. The Sensex surged by 634 points, pushing it to new heights. The Nifty, another influential index, closed above the significant 19,000 mark. These positive developments marked a substantial rebound after a period…
New Delhi, India September 13, 2023 USD/INR The USD/INR pair closed at 83.01, marking a minimal increase of 0.02% compared to the previous session’s close of 83.0025. It had a trading range between a high of 83.0350 and a low of 82.9375. The pair opened at 82.9700 and the spot rate ended at 82.9800. Market…
New Delhi, India September 13, 2023 Time: 2:00 pm The Indian stock market exhibited remarkable resilience today, with the Sensex surging by 250 points and approaching its all-time high, despite facing headwinds from weak global market trends and foreign fund outflows. The Sensex, a barometer of India’s stock market, continued its upward trajectory, providing a…
The Indian Rupee displayed a downtrend on Monday, indicating a probable monthly depreciation. This is attributed to the Reserve Bank of India’s (RBI) strategy of maintaining a limit on the currency’s growth. Date: July 31, 2023 Place: New Delhi, India The rupee’s exchange rate stood at 82.2625 against the dollar at 11:02 IST on Monday,…
Welcome to our daily pre-market update, where we comprehensively analyze the Indian rupee’s performance in the currency markets. In this article, we will delve into the previous day’s trading session, examining the critical movements of the rupee against major currencies such as the US dollar (USD), British pound (GBP), Euro (EUR), and Japanese yen (JPY)….
Asian shares reached a five-month high on Thursday, driven by optimism that the U.S. Federal Reserve’s tightening cycle had come to an end and that the economy was headed for a soft landing. This positive sentiment also boosted the outlook for global growth and risk appetite. Investors are eagerly awaiting the European Central Bank’s announcement…
