MUMBAI: Despite a rise in crude oil prices, the benchmark indices Sensex and Nifty ended the day up for the third straight session on Monday. This was made possible by buying in shares of capital goods, banking, and auto companies.The 30-share BSE Sensex increased 114.92 points, or 0.19 percent, to conclude at 59,106.44 points. Eight…
MUMBAI: On Monday, the rupee lost 10 paise to settle at 82.31 (provisional) against the US dollar as the strong US dollar on the international market and high crude oil prices dampened investor mood.The Indian rupee fell 10 paise from its previous closing of 82.21 to close at 82.31 (provisional) on the interbank foreign currency…
Mumbai: Due to foreign money inflows and a decline in crude oil prices, the rupee strengthened by 24 paisa to 82.10 in early trade on Friday.The local stock market’s gains and the US dollar’s decline in early Asian trading both helped the rupee’s outlook.The rupee started out stronger at 82.12 on the interbank foreign currency…
Today, there was a lot of buying on the US stock market in the evening because people’s feelings about the bank crisis were getting better. The Dollar Index has stayed above 102 levels, which is good news for US dollar rates in the early morning Asian stock market session. But crude oil prices have stayed…
On Friday, the Indian stock market started off lower but quickly reversed course and went positive thanks to strong advances by important benchmark indices. However, Indian markets fell and closed in the negative for a second straight session as news broke of a US air strike in Syria that increased tension in the Middle East….
On Friday, the Indian stock market started off lower but quickly reversed course and went positive thanks to strong advances by important benchmark indices. However, Indian markets fell and closed in the negative for a second straight session as news broke of a US air strike in Syria that increased tension in the Middle East….
As concerns over a banking crisis subsided, bank shares surged on Tuesday, helping to boost global stock markets. The multitude of steps taken by regulators to stabilise the banking sector bolstered investor optimism. U.S. stock US markets rose on Tuesday as a result of the banking sector’s stabilisation. S&P 500 increased 1.29% to close at…
World market update: Tuesday’s US stock market closed higher despite tight range trading in US stock futures throughout the FOMC meeting. The US dollar and US bond yield have decreased in early morning deals as the market is buzzing with today’s FOMC meeting’s 25 basis point rate hike. WTI crude oil is down 0.42 percent…
In New Delhi: Notwithstanding global challenges, the Indian economy is predicted to expand by 7% in FY23, and retail inflation would reduce in line with wholesale inflation, which dropped to a 25-month low in January, the Finance Ministry stated on Monday. India’s current account deficit is expected to decrease in FY23 and FY24, protecting the…
NEW DELHI: On Thursday, Chief Economic Advisor V Anantha Nageswaran stated that the recent events in the United States have increased global uncertainty and that governments, corporations, and individuals should maintain “margins of safety” in their financial, corporate, and savings account planning. He claimed that the International Monetary Fund’s (IMF) predictions of global growth from…
