The rupee ended nearly unchanged against the US dollar on Thursday, rising just 1 paisa to settle at 85.52, as weakness in the greenback against major currencies offset pressure from a sharp decline in domestic equities and a rise in crude oil prices.At the interbank foreign exchange market, the rupee opened at 85.43 and moved within a narrow range of …
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Indian equities, over the upcoming week, are expected to be driven by a combination of domestic macroeconomic data, global cues, and foreign investor activity, analysts said.Equity benchmarks ended the previous week on a muted note, weighed down by ongoing global uncertainties. The BSE Sensex fell 609.51 points or 0.74%, while the NSE Nifty declined 166.65 points or 0.66%.Ajit Mishra, senior …
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Investors are set to closely track a combination of domestic and global cues this week, with corporate quarterly earnings, foreign institutional investor (FII) activity, and potential tariff-related developments from the US expected to steer equity market sentiment, analysts said.According to experts, stock-specific action driven by fourth-quarter and annual results for FY25 will continue to dominate, while broader market moves will …
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Investor wealth surged by a massive Rs 7.85 lakh crore on Friday, driven by a sharp rally in Indian stock markets after the US suspended additional tariffs on India for the next 90 days, until July 9.The 30-share BSE Sensex soared 1,310.11 points (1.77%) to close at 75,157.26, with a daily high of 75,467.33, up by 1,620.18 points (2.19%). This …
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NEW DELHI: The combined market capitalisation of nine of India’s top-10 most-valued companies rose by Rs 3,06,243.74 crore last week, driven by a strong rally in equities. ICICI Bank and Bharti Airtel recorded the highest gains.The surge followed an upbeat week in the stock markets, with the BSE Sensex climbing 3,076.6 points (4.16 percent) and the NSE Nifty advancing 953.2 …
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MUMBAI: Stock markets snapped the eight-day losing run in a volatile session on Monday with benchmark sensex closing higher by 57 points on the back of value buying in blue-chip stocks HDFC Bank and Reliance Industries.Helped by fag-end buying, the 30-share BSE sensex climbed 58 points to settle at 75,997. During the day, the barometer tanked 644 points to 75,298. …
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MUMBAI: Stocks saw heavy selloff on Tuesday and indices like the sensex closed lower for the fifth consecutive session weighed in by weak global and domestic cues.As US President Donald Trump escalated the trade war with like-for-like tariffs on iron and aluminium imports, investors felt jittery globally. The weakness of the rupee, which showed some recovery during the day, and …
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MUMBAI: The ‘yes-no’ game involving Trump’s tariffs on Canada, Mexico and China turned positive for the sensex on Tuesday and lifted it up by nearly 1,400 points after the US delayed tariffs against its neighbours by a month. Reversal in trading by foreign funds, who turned net buyers after remaining net sellers for exactly a month, also helped the rally.After …
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