Business

January 19, 2025 5:07 PM

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Market experts interested in knowing how market reacts to Union Budget

Domestic benchmark indices have been on edge throughout the last week as worries over slowing Quarter 3 earnings loom large. It will be interesting to see how the market reacts to the Union Budget and global inflation data, which is expected in the next few weeks. Foreign fund outflows, and US polic...

January 17, 2025 7:19 PM

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Gold-Silver Prices Dip in Indian Market

In the Indian Bullion Market, 24 Karat Gold was trading down by 0.3 percent at 79,000 rupees per 10 grams, while Silver 999 Fine was also trading 0.98 percent down at 91,680 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was also trading down today. The precious metal,...

January 17, 2025 6:50 PM

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Oil Prices Rise Amid Supply disruptions Following US Sanctions on Russian Energy

Oil prices advanced today amid concerns of supply disruptions due to the latest US sanctions on Russian energy. Brent Crude was trading nearly flat at 81 dollars and 32 cents per barrel, while WTI Crude gained over 0.2 percent to trade at around 78 dollars and 95 cents per barrel when reports last c...

January 17, 2025 6:46 PM

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Asian Markets Show Mixed Trend; European Indices Surge Over 1%

Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index gained 0.31 percent, Singapore's Straits Times Index added 0.25 percent, and China's Shanghai Composite Index gained 0.18 percent. Meanwhile, Japan's Nikkei ended down over 0.3 percent, and South Korea's Kospi fell 0.16 pe...

January 17, 2025 6:34 PM

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US Stocks Slip as Investors focus on corporate earnings

US stocks fell yesterday, as investors focused on corporate earnings and a gauge set of macroeconomic data, including strong retail sales numbers in December and a more than-expected increase in the jobless claims for the previous week, which largely remained at levels consistent with a healthy labo...

January 17, 2025 6:31 PM

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Rupee Slips 6 Paise to ₹86.61 Against Dollar; Dollar Index at 109

In the Forex market, the rupee today fell by 6 paise to settle at 86 rupees and 61 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 109 in intra-day trade.