Digital Marketing Archives - Page 7 of 7

Sensex, Nifty surge to lifetime highs; powered by rally in IT stocks

A view of the BSE building in Mumbai. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty surged over 1% to hit their fresh all-time highs on January 12, driven by a stellar rally in IT stocks after TCS and Infosys reported better-than-expected financial results. The 30-share BSE Sensex zoomed 847.27 points or 1.18%…

Markets surge in early trade powered by rally in IT stocks, firm trend in Asian equities

Among the Sensex firms, Infosys jumped more than 6% in early trade despite reporting a lower-than-expected 7.3% fall in net profit in the December quarter. | Photo Credit: Reuters Benchmark equity indices surged in early trade on January 12, driven by a rally in IT stocks and a firm trend in Asian markets. The 30-share…

Markets settle marginally higher; TCS, Infosys quarterly results eyed

Among the Sensex firms, Reliance Industries, UltraTech Cement, Axis Bank, IndusInd Bank, Power Grid, Tata Motors, Tech Mahindra and Tata Consultancy Services were the major gainers. | Photo Credit: Reuters Benchmark equity indices ended marginally higher on January 11, trimming most of their intraday gains, as investors turned cautious ahead of the quarterly results of…

Rupee gains two paise to 83.01 against U.S. dollar

The domestic currency Rupee settled 10 paise higher at 83.03 on January 10. | Photo Credit: The Hindu The Rupee stayed firm for the seventh consecutive session and gained two paise to 83.01 against the U.S. dollar in early trade on January 11 boosted by a weak American currency and softening crude oil prices. “Sustained…

Rupee jumps 11 paise to settle at 83.02 against dollar

At the interbank foreign exchange market, Rupee opened at 83.13 and traded between the peak of 82.97 and the lowest level of 83.18 against the greenback during the session. | Photo Credit: The Hindu Rising for the sixth straight session, the Rupee jumped 11 paise at 83.02 (provisional) against the U.S. dollar on January 10,…

Markets decline in early trade on fresh foreign fund outflows

Benchmark equity indices declined in early trade on Wednesday, January 10, 2023. amid fresh foreign fund outflows and a largely weak trend from global markets. Investors preferred to stay on the sidelines ahead of the start of corporate earnings season and macroeconomic data announcements later this week, traders said. The 30-share BSE Sensex declined 81.35…

Markets extend gains for second session on fresh foreign fund inflows; IT stocks shine

People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File. | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed higher for a second straight day on January 5, following gains in IT, tech and capital goods shares amid fresh foreign capital inflows. After slipping briefly during the late afternoon trade, the…

Rupee rises eight paise to close at 83.16 against U.S. dollar

Representational image only. | Photo Credit: The Hindu The Rupee appreciated eight paise to close at 83.16 against the U.S. dollar on January 5, helped by a positive trend in domestic equities and fresh foreign capital inflows. “However, rising crude oil prices in international markets and a strong greenback overseas restricted gains for the local…

Markets climb in early trade on buying in IT stocks, fresh foreign fund inflows

Image for representational purposes only. | Photo Credit: PTI Benchmark equity indices climbed in early trade on January 5, extending their previous day’s rally, amid fresh foreign fund inflows and buying in IT stocks. The 30-share BSE Sensex jumped 308.91 points to 72,156.48 in early trade. The Nifty climbed 91 points to 21,749.60. Among the…

Rupee rises 7 paise to close at 83.23 against U.S. dollar

The rupee appreciated 7 paise to close at 83.23 against the U.S. dollar on Thursday, helped by a bullish trend in domestic equities and weakness of the American currency in the overseas market. However, rising crude oil prices capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange market, the…

Markets rebound after falling for two days; Sensex jumps 491 points

A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty rebounded on Thursday after falling in the past two days and ended nearly 1% higher, mainly on buying in HDFC Bank and Bajaj Finance. The 30-share BSE Sensex jumped 490.97 points or…

The Role of Market Research in Graphic Design Projects

Market Research in Graphic Design Projects When you run a graphic design firm, knowing your clients and their needs is vital to the success of your projects. Market research plays a significant role in helping you understand what your clients want and how they perceive the products and services that your agency provides. Without it,…

Bajaj Auto to consider share buyback

The company’s board at its meeting scheduled for January 8, 2024 will consider a proposal to buy back fully paid-up equity shares of the company. Photo: bajajauto.com Bajaj Auto Ltd on January 3 said it will consider a share buyback proposal next week. The company’s board at its meeting scheduled for January 8, 2024 will…

Adani group stocks in heavy demand; Adani Energy zooms nearly 18%, NDTV jumps over 11%

Shares of Adani group of companies jumped in morning trade on January 3, defying a weak trend in the broader equity market, after the Supreme Court ruling that there was no ground to order an investigation by a SIT or other probe agency into allegations against the group. The Supreme Court on January 3 said…

Adani-Hindenburg row | Supreme Court to pronounce verdict on January 3, 2024

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad on April 13, 2021. | Photo Credit: Reuters The Supreme Court will pronounce its judgment on January 3 on a plea to form a separate Special Investigation Team (SIT) to investigate Hindenburg Research’s allegations…

Markets fall in early trade; Sensex down 200 points

Image for representation | Photo Credit: VIVEK BENDRE Equity benchmark indices declined in early trade on Tuesday amid weak trends from Asian markets and fresh foreign fund outflows. Investors also opted to book profits after the recent sharp rally in the markets. The 30-share BSE Sensex fell 202.76 points to 72,069.18. The Nifty declined 42.9…

Sensex, Nifty kick off 2024 on a flat note

File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty kicked off 2024 on a flat note, with the 30-share index closing with marginal gains following some buying in energy, services and telecom counters. In a highly volatile trade, the BSE gauge eked out a modest gain of 31.68 points or 0.04% to settle…

Rupee falls three paise to 83.19 against U.S. dollar in early trade

Representational image only. | Photo Credit: The Hindu The Rupee started the New Year on a flat note and depreciated three paise to 83.19 against the U.S. dollar in the morning session, amid a negative trend in domestic equities and dollar demand from importers. Forex traders said the Rupee is trading in a narrow range…

Rupee rises 8 paise to 83.26 against U.S. dollar in early trade

Image used for representative purpose only. The rupee appreciated 8 paise to 83.26 against the U.S. dollar on Thursday, tracking a weak American currency against major overseas rivals and positive cues from domestic equity markets. According to forex traders, the Indian currency strengthened on the back of massive equity buying by Foreign Institutional Investors (FIIs).…

Rupee rebounds 17 paise to 83.17 against U.S. dollar

The rupee rebounded after two straight days of fall to settle 17 paise higher at 83.17 (provisional) against the U.S. dollar on Thursday, amid a weak American currency overseas and a rally in domestic equity markets. The inflow of foreign funds and a downward trend in crude oil prices also supported the Indian currency, forex…

Sensex, Nifty fall in early trade after five days of sharp rally

A stock brokers react as Sensex and Nifty plummets. | Photo Credit: ANI Mumbai Equity benchmark indices declined in early trade on Friday, December 29, 2023, after five days of sharp rally as investors preferred profit-taking after the recent record-breaking run. The 30-share BSE Sensex fell 236.56 points to 72,173.82 after a weak beginning to…

Markets gain nearly 20% in 2023; fall on final trading day

Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai, on Dec. 11, 2023. | Photo Credit: PTI Equity indices Sensex and Nifty declined on the last trading day of 2023 as investors preferred profit-taking after the recent sharp rally, finishing a record-setting year with benchmarks surging by up to 20%. After a five-day…

Rupee rises 6 paise to 83.14 against U.S. dollar in early trade

Image used for representative purpose only. | Photo Credit: PTI The rupee maintained its gaining momentum for the second straight session and appreciated 6 paise to 83.14 against the U.S. dollar on Friday, amid a weak American currency against an unabated inflow of foreign funds. According to forex traders, subdued equity market sentiment and volatility…

Markets hit fresh lifetime highs; Sensex gains 370 points

A pedestrian walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the second straight session on Thursday, buoyed by lower crude prices in international markets and fresh foreign fund inflows amid a largely positive global…

Sensex, Nifty hit fresh all-time high levels in early trade

Equity benchmark indices Sensex and Nifty hit new all-time high levels in early trade on December 28. | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty hit new all-time high levels in early trade on December 28 amid optimism over the country’s macroeconomic fundamentals, firm global market trends, and fresh foreign fund inflows.…

Rupee falls 16 paise to 83.35 against U.S. dollar

The rupee values in the previous week. | Photo Credit: PTI The rupee declined 16 paise to settle at 83.35 (provisional) against the U.S. dollar on Wednesday due to sustained outflow of foreign funds and increased demand for American currency from importers and banks. According to forex traders, a robust buying trend in the domestic…

Sensex, Nifty continue to rally for 4th day running

An employee of a stock trading firm looking at a share price on his computer in Mumbai. File photo | Photo Credit: The Hindu Equity benchmark indices maintained their winning run for the fourth day running on Wednesday, December 27, 2023, helped by optimism over the country’s macroeconomic fundamentals and firm global market trends. The…

Rupee falls 3 paise to settle at 83.19 against U.S. dollar

File. | Photo Credit: Reuters The rupee slipped 3 paise to settle at 83.19 (provisional) against the U.S. dollar on December 26 amid a strong American currency and outflow of foreign funds. A positive equity market sentiment and softer crude oil prices, however, provided a cushion and restricted the fall in the Indian currency, Forex…

Rupee dips 3 paise to 83.13 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 3 paise to 83.13 against the U.S. dollar in early trade on Tuesday amid firm crude oil prices and outflow of foreign funds from domestic equity markets. The rupee, however, found support due to marginal weakness in American currency and positive sentiment in…

Rupee rises 4 paise to 83.14 against US dollar in early trade

At the interbank foreign exchange, the domestic currency opened at 83.17 and gained further to trade at 83.14 against the greenback, registering a rise of 4 paise over its previous close. | Photo Credit: Reuters The rupee appreciated 4 paise to 83.14 against the US dollar in early trade on Wednesday as robust buying in…

Sensex, Nifty hit fresh all-time high levels

Image used for representative purpose only. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty hit their fresh all-time high levels in early trade on Wednesday amid a firm trend in global markets along with buying in stocks of IT companies and Reliance Industries. The 30-share BSE Sensex jumped 475.88 points to 71,913.07 —…

Rupee falls 4 paise to 83.22 against U.S. dollar in early trade

Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 4 paise to 83.22 against the U.S. dollar in early trade on Thursday, tracking negative cues from domestic equity markets and sustained withdrawal of foreign funds. Forex traders said lower greenback index weighed in favour of the local currency amid rising concerns…

Markets fall in early trade on weak global trends, foreign fund outflows

Benchmark equity indices continued to fall for the second day running on Thursday | Photo Credit: – Benchmark equity indices continued to fall for the second day running on Thursday amid weak trends in global markets and continuous foreign fund outflows. Investors also went for profit-taking after the recent record-breaking rally in the markets. The…

Rupee up 2 paise to 83.25 against U.S. dollar in early trade

The rupee rose 2 paise to 83.25 against the U.S. dollar on Friday | Photo Credit: VENKATACHALAPATHY C The rupee rose 2 paise to 83.25 against the U.S. dollar in early trade on Friday, tracking lower greenback on the back of easing U.S. bond yield. However, muted trend in domestic equity markets, unabated outflow of…

Stock markets climb for second day on buying in IT shares

Representational file image. | Photo Credit: Vivek Bendre Stock markets extended gains for a second day on December 22 following buying in IT stocks and firm trends in the US markets. The 30-share BSE Sensex climbed 241.86 points or 0.34% to settle at 71,106.96. During the day, it jumped 394.45 points or 0.55% to 71,259.55.…

Rupee rises 12 paise to settle at 83.15 against U.S. dollar

File | Photo Credit: Reuters Rising for the first time this week, the rupee appreciated by 12 paise to settle at 83.15 against the U.S. dollar on December 22 amid a weak American currency and positive equity market sentiment. The Indian currency, however, remained under pressure due to continuous upward movement in the crude oil…

Rupee falls 9 paise to settle at 83.27 against U.S. dollar

The rupee fell by 9 paise to settle at 83.27 against the U.S. dollar on Thursday as withdrawal of foreign funds amid concerns over global trade disruption through the Red Sea route dented investor sentiment. According to forex analysts, despite positive sentiment in the domestic equity markets and a weak American currency against major global…

Sensex rebounds 358 points on buying in HDFC Bank, Reliance Industries

A pedestrian walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty recovered by more than half cent on Thursday following buying in index majors HDFC Bank and Reliance Industries. The 30-share BSE Sensex jumped 358.79 points or 0.51% to settle at 70,865.10 with…

Rupee settles flat at 83.18 against U.S. dollar

File. | Photo Credit: Reuters The rupee ended flat at 83.18 (provisional) against the U.S. dollar on December 20 amid massive selling in equity markets as concerns over oil supplies through the Red Sea route dented investor sentiment. Forex traders said though the U.S. dollar index below 102 level provided support, the Indian currency was…

Sensex, Nifty go into tailspin after hitting fresh all-time high levels; tank over 1%

All the 30 Sensex shares, except for HDFC Bank, closed in the red. File Benchmark equity indices Sensex and Nifty went into a tailspin after hitting their fresh all-time high levels on December 20, closing down by over 1% as investors cashed in on the recent rally. Erasing all its early gains, the 30-share BSE Sensex…

Sensex, Nifty hit new record highs on firm global trends, buying in Reliance

Benchmark equity indices Sensex and Nifty scaled new lifetime high levels in intra-day trade on Tuesday before ending with gains on the back of buying in index major Reliance Industries and positive global cues. The 30-share BSE Sensex climbed 122.10 points or 0.17% to settle at 71,437.19. During the day, it jumped 308.62 points or…

Rupee falls 9 paise to close at 83.19 against U.S. dollar

Image for representation | Photo Credit: VENKATACHALAPATHY C The rupee declined by 9 paise to settle at 83.19 (provisional) against the U.S. dollar on Tuesday due to dollar buying by importers amid lingering worries over oil supplies through the Red Sea route. Forex traders said that positive sentiment in the stock market, a weak greenback…

Stock markets snap record-breaking run on profit-taking; Sensex drops 168 points

Representational file image. | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty declined on December 18 due to profit-taking by investors after a record-breaking rally in the last week and a largely weak trend in Asian markets. Snapping its three-day rally, the 30-share BSE Sensex declined 168.66 points or 0.24% to settle at…

Rupee falls 2 paise to close at 83.05 against U.S. dollar

File. | Photo Credit: C. Venkatachalapathy The rupee surrendered all its initial gains to settle 2 paise lower at 83.05 (provisional) against the U.S. dollar on December 18, in line with a lacklustre trend in domestic equity markets. However, a weak greenback against major currencies overseas and sustained buying by foreign investors supported the local…

Markets trade lower in early trade; U.S. Fed interest rate decision eyed

Benchmark equity indices declined in early trade on Wednesday amid a sluggish trend in Asian markets | Photo Credit: The Hindu Benchmark equity indices declined in early trade on Wednesday amid a sluggish trend in Asian markets and cautious approach adopted by investors ahead of the U.S. Fed interest rate decision. Also, retail inflation rising…

Rupee rebounds 13 paise to 83.27 against U.S. dollar in early trade

The rupee rebounded by 13 paise to 83.27 against the U.S. dollar in early trade on Thursday | Photo Credit: RAGU R The rupee rebounded by 13 paise to 83.27 against the U.S. dollar in early trade on Thursday after the greenback weakened in the overseas markets as the U.S. Federal Reserve signalled a cut…

Sensex, Nifty hit record high on global market rally, foreign fund inflows

Image for representation | Photo Credit: Arunangsu Roy Chowdhury Benchmark equity indices Sensex and Nifty surged to all-time high levels in early trade on Friday amid an optimistic trend in global markets after the US Federal Reserve kept its key interest rate unchanged and signalled rate cuts next year. Continuous foreign fund inflows into the…

Markets fire on all cylinders: Sensex gains 969 points to scale record high of 71,439

During the day on December 15, 2023, the 30-share BSE Sensex surged 1.54% to 71,605.76, its all-time intra-day high level. File | Photo Credit: Reuters Indian benchmark stock indices on December 15 soared to fresh record highs riding on a continued globally rally post the U.S. Fed’s dovish stance and buying momentum. Led by technology…

India welcomes return of Venezuelan oil to market: Puri

Tapping into Latin America nations will help India diversify its import basket, with industries like IOC and HMEL securing 4 million barrels of Venezuelan oil in February “India, the world’s third largest oil consuming and importing nation, welcomes the return of Venezuelan oil to the market after sanctions on the Latin American nation were eased”,…

Rupee jumps 27 paise to 83.03 against U.S. dollar amid stocks rally

The rupee closed at 83.03 on December 15, 2023, up by 27 paise over the previous close of 83.30. On a weekly basis, the rupee gained 37 paise. File | Photo Credit: Reuters The rupee jumped by 27 paise to close at 83.03 (provisional) against the U.S. dollar on Friday following unabated foreign fund inflows…

Sensex, Nifty hit record highs on global market rally

A traffic signal in the foreground of the Bombay Stock Exchange’s on Dalal Street seems to reflect the mood of the stock markets in Mumbai. File photo | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty hit their all-time high levels on Thursday, December 14, 2023, tracking a global market rally after the…

Mcap of BSE-listed firms jumps to record high of ₹354.41 lakh crore; investors richer by ₹3 lakh crore

Pedestrians walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Market capitalisation (mcap) of BSE-listed firms hit a record high of ₹3,54,41,617.18 crore during the early trade; Investors’ wealth climbed by ₹3,22,385.27 crore from ₹3,51,19,231.91 crore The market capitalisation of BSE-listed companies surged to an all-time high of ₹354.41…

Stock markets settle marginally higher on late buying; L&T, Reliance advance

Benchmark equity indices Sensex and Nifty eked out gains on Wednesday following late buying in capital goods, auto and energy shares as investors adopted a cautious approach ahead of the US Fed interest rate decision to be announced later in the day. The 30-share BSE Sensex advanced 33.57 points or 0.05% to settle at 69,584.60,…

Rupee falls 4 paise to close at all-time low of 83.41 against U.S. dollar

The rupee depreciated 4 paise to hit an all-time closing low of 83.41 (provisional) against the U.S. dollar on Wednesday amid a strong American currency overseas. Forex traders said a steep fall in crude oil prices from $76 per barrel to the below $73 level provided support, but a muted trend in equity markets triggered…

Markets continue to rally; Nifty hits fresh record high in early trade

Equity benchmark indices maintained their winning run in early trade on Tuesday, December 12, 2023, with the benchmark Nifty hitting its fresh all-time high level, amid an optimistic trend in global markets, continuous foreign fund inflows and favourable macroeconomic data. The 30-share BSE Sensex climbed 96.15 points to 70,024.68 in early trade. The Nifty went…

Rupee rises 1 paisa to 83.36 against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Special Arrangement The rupee rose 1 paisa to 83.36 against the U.S. dollar in early trade on December 12 amid foreign fund inflow and softening of the American currency against its major rivals. According to forex traders, positive cues from the domestic equity market also boosted investors’…

SpiceJet to soon list shares on National Stock Exchange

No-frills airline SpiceJet on December 11 said it will soon be listing its securities on the National Stock Exchange. Shares of the carrier, which is navigating financial turbulence, jumped more than 8% in the morning trade on the BSE. In order to reach a wider investor base, “the company shall soon be listing its securities…

Sensex scales 70,000-peak, Nifty closes just shy of 21,000 on gains in metal, IT shares

Equity benchmark Sensex breached a new milestone of 70,000 points before closing 102 points higher, while Nifty settled just shy of the 21,000 mark on December 11. File | Photo Credit: Reuters Equity benchmark Sensex breached a new milestone of 70,000 points before closing 102 points higher, while Nifty settled just shy of the 21,000…

Rupee falls 7 paise to settle at 83.39 against U.S. dollar

The rupee on Thursday snapped a two-day rising streak to settle 6 paise lower at 83.39 (provisional) against the U.S. dollar amid strengthening American currency overseas and rising crude oil prices. Forex analysts said the rupee remained under pressure as crude prices were close to $84 per barrel ahead of the announcement of the annual…

Stock markets eke out gains in highly volatile trade, extend gains to 3rd day

The Bombay Stock Exchange (BSE) building. | Photo Credit: REUTERS Benchmark equity indices Sensex and Nifty settled with marginal gains on Thursday in a highly volatile trade amid the scheduled monthly derivatives expiry and muted trend in the U.S. markets. The 30-share BSE Sensex closed 86.53 points or 0.13% higher at 66,988.44, registering its third…

Rupee falls 3 paise to close at 83.36 against U.S. dollar

Image used for representative purpose only. | Photo Credit: REUTERS The rupee pared its initial gains and settled lower by 3 paise at 83.36 (provisional) against the U.S. dollar on Monday amid a recovery in the greenback in overseas markets. Forex traders said the rupee gained earlier in the day as domestic equity indices surged…

Rupee rises two paise to 83.34 against U.S. dollar ahead of RBI policy decision

Representational image only. | Photo Credit: The Hindu The Rupee appreciated two paise to 83.34 against the U.S. dollar in early trade on December 8, tracking a positive trend in domestic equities ahead of the Reserve Bank of India’s monetary policy decision. At the interbank foreign exchange, the Rupee opened two paise higher at 83.34…

Sensex rises 120 points ahead of RBI policy review

JSW Steel was the biggest gainer on the Sensex chart, rising 1.11%, followed by HCL Tech, Wipro, IndusInd Bank, NTPC, ITC, M&M, Bajaj Finserv and HDFC Bank. In contrast, ICICI Bank, SBI, Kotak Bank and Bharti Airtel were among the laggards. | Photo Credit: Reuters Equity benchmarks Sensex and Nifty advanced in opening trade on…

Pencil-maker Doms sets ₹750-790 price band for ₹1,200 crore IPO

DOMS said the IPO issue comprises ₹850 crore of Offer For Sale and ₹350 crore of fresh issue and will close on December 15. | Photo Credit: Photo Courtesy: https://domsindia.com The second largest pencil-maker Doms Industries on December 7 set a ₹750-790 price band for its ₹1,200 crore initial share sale that’s opening on December…

Rupee fell 4 paise to 83.36 against U.S. dollar in early trade

The rupee depreciated 4 paise to 83.36 against the U.S. dollar. | Photo Credit: VENKATACHALAPATHY C The rupee depreciated 4 paise to 83.36 against the U.S. dollar in the morning session on Thursday, tracking the strength of the American currency in the overseas market and muted trend in domestic equities. Forex traders said rupee is…

Sensex, Nifty snap seven-day rally; Sensex falls over 200 points

Benchmarks Sensex and Nifty snapped their seven-day run in early trade on Thursday. | Photo Credit: The Hindu Benchmarks Sensex and Nifty snapped their seven-day run in early trade on Thursday amid selling pressure from foreign institutional investors and tracking cues from Asian markets. Analysts said, receding crude oil prices in international markets failed to…

Rupee rises 5 paise to close at 83.32 against U.S. dollar

Image for representation purpose only. | Photo Credit: V.V. Krishnan .The rupee appreciated 5 paise to close at ₹83.32 (provisional) against the U.S. dollar on December 6, helped by a bullish trend in domestic equities and sustained foreign fund inflows. Forex traders said elevated American currency in the overseas markets and dollar buying by the…

Equity market benchmarks hit fresh peaks; Sensex breaches 69K

Image used for representational purpose. | Photo Credit: Reuters Equity benchmark indices continued their winning streak for the sixth straight session on Tuesday amid massive buying by foreign institutional investors and easing crude oil prices. Analysts said robust sentiment built up over favourable macroeconomic data in the previous week got a further boost after the…

Stock markets hit new record highs; Sensex breaches 69,000-mark, Nifty eyes 21,000 level

A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai on December 5, 2023. Sensex on Tuesday jumped 169.94 points to fresh peak of 69,035.06 in early trade; Nifty climbed 52.60 points to hit record high of 20,739.40. | Photo Credit: PTI Benchmark stock indices Sensex and Nifty settled at new peaks on…

Rupee falls 3 paise to hit all-time low of 83.41 against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee edged 3 paise lower to hit its all-time low of 83.41 against the U.S. dollar in early trade on December 5, tracking higher demand for the American currency from importers. Forex traders said investors are awaiting cues from the Reserve Bank of India’s…

Stock markets surge over 2% to hit lifetime highs; Sensex nears 69,000 mark, Nifty breaches 20,500

The logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty soared more than 2% to settle at record high levels on Monday, marking the fifth straight day of gains as the BJP’s victory in three States in Assembly polls boosted investor…

Markets hit life-time peaks; Sensex jumps 877.43 points, Nifty up by 284.80

Investors and brokers react as they watch the stock prices on a digital screen. File | Photo Credit: PTI Equity benchmark indices maintained their winning streak for the fifth straight session on Monday as investors, already buoyed by the strong macroeconomic data, responded positively to BJP’s victory in three Assembly polls. BJP’s clear majority in…

Calcutta stock exchange: Why was it closed? Can it reopen?

The story so far: Trading has ceased completely in one of India’s oldest stock exchanges, the Calcutta Stock Exchange (CSE), on November 28, after the National Stock Exchange (NSE) terminated its contract with the bourse. On November 20, the stock exchange issued a notice to all members asking them to square off open positions in…

Nifty at record high; Sensex jumps over 300 points

A traffic signal in the foreground of the Bombay Stock Exchange’s on Dalal Street seems to reflect the mood of the stock markets in Mumba. File photo | Photo Credit: The Hindu Equity benchmark indices continued their winning streak for the fourth day running on Friday, December 1, 2023, with the Nifty hitting a record…

Rupee rises 8 paise to 83.29 against U.S. dollar in early trade

Image used for representative purpose only. | Photo Credit: REUTERS The rupee rose by 8 paise to 83.29 against the US dollar in early trade on Friday on the back of massive equity buying by foreign institutional investors and softening crude oil prices. Positive cues from equity markets amid strong domestic macroeconomic data boosted the…

Nifty hits life-time high, Sensex jumps 493 points on favourable macro data

Representational file image. | Photo Credit: Vivek Bendre Key equity index Nifty hit its lifetime high while Sensex jumped 493 points to close at an 11-week high driven by favourable macroeconomic data and continuous foreign fund inflows. The 30-share BSE Sensex jumped 492.75 points or 0.74% to settle at 67,481.19, the highest closing level since…

Rupee rises to settle at 83.30 against U.S. dollar

Image for representation | Photo Credit: Reuters The rupee appreciated 7 paise to settle at 83.30 (provisional) against the U.S. dollar on Friday, following positive cues from equity markets and strong domestic macroeconomic data. Forex analysts said easing crude oil prices in the international markets also favoured the local currency. Global crude price retreated from…