Business

November 11, 2024 6:42 PM November 11, 2024 6:42 PM

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Asian markets show mixed performance while European indices gain

Major Asian indices displayed mixed trends today. China's Shanghai Composite Index advanced over half per cent, Singapore's Straits Times index added over 0.3 per cent, and Japan's Nikkei was marginally up 0.08 per cent. Conversely, Hong Kong's Hang Seng Index dropped nearly one and half per cent, a...

November 11, 2024 5:56 PM November 11, 2024 5:56 PM

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Rupee closes at 84.39 against US dollar

In the Forex market, the rupee today ended at 84 rupees and 39 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 105.43 in intra-day trade.

November 11, 2024 5:32 PM November 11, 2024 5:32 PM

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Sensex, Nifty trade flat; Broader market slips as mid-cap & small-cap indices decline

Domestic benchmark equity indices today ended nearly flat. The 30-share BSE Sensex closed marginally up by 10 points, to finish at 79,496, while the NSE Nifty50 ended with a slim loss of 7 points, to settle at 24,141.      The broader market at the Bombay Stock Exchange ended in negative territory. ...

November 10, 2024 8:58 PM November 10, 2024 8:58 PM

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Global crude oil prices rise nearly 3%

Global crude oil prices rose nearly 3 per cent last week as the market settled in after the US election results and speculations about stimulus efforts from the world’s No. 1 importer China. Brent crude oil futures ended the week at 73.87 dollars per barrel on Friday, while US crude settled at 70.35...

November 10, 2024 6:55 AM November 10, 2024 6:55 AM

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Govt procures over 120 LMT of paddy in Kharif Marketing Season 2024-25 so far

The government has procured over 120 lakh metric tonnes (LMT) of paddy in Kharif Marketing Season (KMS) 2024-25 till Nov 8 and has benefitted 6.58 lakh farmers in Punjab with a Minimum Support Price (MSP) value of 27,995 crore rupees. The Ministry of Consumer Affairs, Food, and Public Distribution s...

November 9, 2024 4:40 PM November 9, 2024 4:40 PM

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S&P 500 surpasses 6,000 mark, closes biggest weekly gain in a year

The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible Republican Party sweep in Congress fueled expectations for favourable business policies. Also supporting stocks this week was a widely expe...

November 8, 2024 6:51 PM November 8, 2024 6:51 PM

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Oil prices slip

       Oil prices slipped today as concerns over Hurricane Rafael disrupting the US oil and gas production eased. Brent Crude was trading 1.04 percent down at 74 dollars and 84 cents per barrel, and WTI Crude lost 1.3 percent to trade at 71 dollars and 42 cents per barrel, when the reports last came...

November 8, 2024 6:53 PM November 8, 2024 6:53 PM

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Major Asian & European markets display mixed response  

  Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index dropped over one percent, China's Shanghai Composite Index shed over half percent, and South Korea's Kospi lost 0.14 percent. Conversely, Singapore's Straits Times index added over 1.3 percent and Japan's Nikkei gained 0...

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