24, Jun 2024
Markets tumble in early trade on weak trends from global equities, fresh foreign fund outflows

A view of Bombay Stock Exchange (BSE) in Mumbai. | Photo Credit: REUTERS Benchmark equity indices tumbled in early trade on Monday, June 24, 2024, amid weak trends from global markets and fresh foreign fund outflows. Profit-taking after a record-breaking rally also put pressure on the benchmark indices. The 30-share…

24, Jun 2024
Stock Market Today: Markets turn flat after rallying in early trade

A stock broker reacts to the fluctuating share prices on the Bombay Stock Exchange in Mumbai. File photo | Photo Credit: The Hindu Benchmark equity indices climbed in early trade on Thursday, June 20, 2024 but faced highly volatile trends and were soon trading flat amid the lack of any…

23, Jun 2024
Rupee plunges 17 paise to settle at over two-month low of 83.61 against U.S. dollar

The rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the U.S. dollar on Thursday amid surging crude oil prices. | Photo Credit: REUTERS The rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the U.S. dollar on…

23, Jun 2024
Rupee recovers 3 paise to 83.58 against U.S. dollar in early trade

Image used for representational purposes only. | Photo Credit: Reuters The rupee recovered from previous day’s steep fall and traded 3 paise higher at 83.58 against the U.S. dollar in early trade on Friday on the back of sustained inflow of foreign capital and strong domestic equity market sentiment. Forex…

22, Jun 2024
Nifty hits fresh record peak; Sensex climbs more than 300 points in early trade

Among the Sensex 30 companies, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, Wipro, Bajaj Finserv, Power Grid and IndusInd Bank were the biggest gainers. | Photo Credit: Reuters Benchmark equity indices rallied in early trade on June 21, with the NSE Nifty hitting a fresh all-time peak, helped by…

22, Jun 2024
Rupee recovers to settle 6 paise higher at 83.55 against dollar

Image used for representative purpose only. | Photo Credit: REUTERS The rupee recovered from over two months low level and settled 6 paise higher at 83.55 (provisional) against the U.S. dollar on Friday, backed by sustained inflow of foreign capital and softening crude oil prices overseas. The local unit, however,…

21, Jun 2024
Markets halt record-breaking rally; Sensex falls 269 points

Bombay Stock Exchange (BSE). File. | Photo Credit: Reuters Halting their record-breaking rally, equity benchmark indices Sensex and Nifty buckled under selling pressure as investors pared exposure to oil & gas, capital goods and FMCG stocks amid a bearish trend in global markets. Snapping its six-day rally, the 30-share BSE…

21, Jun 2024
Ola Electric gets Sebi’s nod for IPO; aims to raise ₹5,500 cr via fresh issue

Electric two-wheeler company Ola Electric Mobility’s proposed ₹5,500 crore IPO has received the go-ahead from Sebi, paving the way for the company to tap the market with a significant part of the proceeds to be used on capacity expansion of its cell manufacturing plant and revving up R&D. Ola Electric as well…

20, Jun 2024
Sensex, Nifty scale fresh record high levels

Among the 30 Sensex companies, JSW Steel, Tata Steel, Axis Bank, Reliance Industries, ICICI Bank, Hindustan Unilever, Kotak Mahindra Bank and Asian Paints were among the biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty soared to new lifetime highs on June 20, fuelled by robust buying…

20, Jun 2024
Rupee slips one paisa to settle at 83.44 against U.S. dollar

At the interbank foreign exchange market, the local unit opened strong at 83.39 and moved in the range of 83.34 and 83.48 against the greenback during the session. | Photo Credit: The Hindu The Rupee paired its initial gains and settled one paisa lower at 83.44 (provisional) against the U.S.…