Mumbai: India’s key equity indices dropped nearly 1% on Friday, logging their sixth consecutive week of losses-the longest such streak in five years-as anxiety over the economic fallout of US President Donald Trump’s tariff blitz on the country kept the markets on the edge. Analysts do not see the bear grip easing soon with technical … Read more
India’s equity indices ended almost 1% lower on Friday, marking their fifth straight week of losses-the longest losing streak in two years-as concerns over the fallout of US tariffs on Indian exports weighed on sentiment. The NSE Nifty fell 0.8% or 203 points to finish at 24,565.35. The BSE Sensex moved 0.7% or 585.67 points … Read more
Mumbai: India’s equity indices fell more than 1% on Tuesday, although the gauges recouped some losses through a choppy trading session marked by weak global cues and profit-booking in heavyweight sectors ahead of the monthly expiry. Analysts said the undertone remains bullish, despite Tuesday’s slide. The NSE Nifty fell 0.7%, or 174.95 points, to finish … Read more
Mumbai: India’s equity indices weakened on Thursday, mirroring an overnight sell-off on Wall Street, after a sharp sell-off in the American bond market pushed up the yields on long-term treasury bonds there. The NSE Nifty fell 0.8%, or 203.75 points, to finish at 24,609.70. The BSE Sensex moved 0.8%, or 644.64 points, lower at 80,951.99. … Read more
NEW DELHI: It was a strong week for Dalal Street that saw four of every five stocks from the broader index BSE500 ending higher amid easing oil prices and hopes the US Fed may slow down on rate hikes if the economy suffers big. As many as 23 index stocks surged 10-23 per cent during … Read more
Mumbai: The rupee appreciated 4 paise to 74.67 against the US in opening trade on Friday, despite a weak trend in domestic equity markets. At the interbank foreign exchange, the domestic unit opened slightly strong at 74.68 against the dollar and gained some further ground to quote 74.67 in the morning session, registering a rise … Read more
Snapping its two-day losing streak, the rupee rebounded by 5 paise and settled at 73.55 (provisional) against the US dollar on Wednesday, even as the domestic equity market was trading with significant losses. At the interbank forex market, the domestic unit opened at 73.67 against the US dollar, and finally ended the day at 73.55, … Read more