September 16, 2024 New Delhi, India USDINR Today The Indian Rupee (INR) traded on a weaker note during Monday’s early European session, despite a softer US Dollar (USD). The combination of declining crude oil prices, strong foreign institutional inflows (FII) into Indian stock markets, and firm bets on a potential Federal Reserve rate cut later…
August 16, 2024 New Delhi, India Rupee Analysis(USDINR) The Indian rupee held its ground at 83.94 against the US dollar in early trade on Friday, maintaining stability despite ongoing concerns over high crude oil prices and foreign capital outflows. The rupee’s performance was bolstered by positive sentiment in both domestic and global equity markets, as…
August 12, 2024 New Delhi, India Adani Shares Crash Shares of Adani Group companies faced significant declines on Monday after Hindenburg Research alleged that SEBI Chairperson Madhabi Puri Buch had a stake in offshore entities involved in a money siphoning scandal linked to the Adani Group. The fresh allegations have led to a sharp sell-off,…
August 9, 2024 New Delhi, India Ola Electric Shares Surge Ola Electric made a muted debut on the Indian stock market today, with shares listing at ₹76 apiece on the NSE and ₹75.99 on the BSE, reflecting a flat start compared to the issue price. Despite the initial lackluster performance, the stock saw a notable…
August 7, 2024 New Delhi, India FPI Investments Foreign Portfolio Investors (FPIs) have significantly increased their investments in the Indian stock market, with notable inflows into the Information Technology (IT) sector. This article explores the details of FPI activities in July, including sector-wise inflows and outflows, and their impact on the Indian equity market. FPI…
July 1, 2024 New Delhi, India Positive Start for Indian Stock Market on July 1, 2024 Market Overview The Indian stock market opened the month of July with positive momentum on July 1, 2024. Both the NSE Nifty 50 and the BSE Sensex indices recorded gains, driven primarily by strong performances in the IT and…
June 4, 2024 New Delhi, India Market Turmoil as Election Results Roll In In a dramatic turn of events, Indian stock markets faced a historic crash on June 4, 2024, as the Sensex plunged by 4,389 points and the Nifty fell by 5.9%. This severe market reaction follows the early results of the 2024 Lok…
June 4, 2024 New Delhi, India Market Plunges Amid Election Uncertainty The Indian stock market experienced a dramatic downturn on June 4, 2024, as early trends from the ongoing election results indicated a tighter race than anticipated. The Sensex dropped by 3,700 points, while the Nifty Index fell to 22,140, erasing the gains from the…
The Indian stock market witnessed a sharp decline on May 30, 2024, driven by volatility on the expiry day of futures and options contracts. The benchmark indices, Nifty and Sensex, both recorded significant losses. Nifty Falls Below 22,500 The Nifty 50 index closed below the crucial 22,500 mark, highlighting a substantial downturn. Investors were cautious,…
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…
