Business

October 23, 2024 6:10 PM

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Oil Prices Decline as US Crude Inventories Rise

Oil prices edged down today after industry data showed that US crude inventories increased more than expected.   Brent crude was trading 1.6 percent down at 74 dollars and 77 cents per barrel, while the US West Texas Intermediate crude was trading 1.7 percent down at 70 dollars and 50 cents per...

October 23, 2024 6:01 PM

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Asian Markets Mostly Rise, European Indices Trade in negative territory

Four out of five major Asian indices ended with gains today. Hong Kong's Hang Seng rose 1.26 per cent, South Korea's Kospi increased over one per cent, China's Shanghai Composite advanced over half per cent, and Singapore's Straits Times Index added 0.37 per cent. Meanwhile, Japan's Nikkei lost 0.8 ...

October 23, 2024 5:56 PM

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2 out of 3 US indices end nearly flat

Two out of three US indices ended nearly flat yesterday, driven by losses in industrials, materials, and utilities stocks.   The S&P 500 ended with a marginal fall of 0.02 per cent; the Dow Jones Industrial Average shed 0.05 per cent, while the Nasdaq Composite advanced 0.18 per cent.

October 23, 2024 5:04 PM

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Sensex, Nifty Extend Losses

The domestic benchmark indices today ended with losses for the third consecutive session. The BSE Sensex shed 139 points to close at 80,082, and the NSE Nifty fell 37 points to settle at 24,435. Both indices dropped over 0.1 per cent.   The broader market at Bombay Stock Exchange outperformed t...

October 23, 2024 5:00 PM

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Sensex, Nifty Fall for third Day; Crude Prices Drop

The domestic benchmark indices today ended with losses for the third consecutive session. The BSE Sensex shed 139 points to close at 80,082, and the NSE Nifty fell 37 points to settle at 24,435. Both the indices dropped over 0.1 percent.   In the global crude market, Brent Crude was trading 1.4...

October 22, 2024 6:35 PM

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Rupee remains stable against dollar today

In the Forex market, the rupee today ended unchanged at 84 rupees and seven 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 103.9 in intra-day trade.

October 22, 2024 5:33 PM

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Sensex, Nifty end in red territory

The domestic benchmark indices ended today with a sharp fall of more than one per cent. The BSE Sensex tanked 930 points, or 1.15 per cent, to close at 80,221, while the NSE Nifty plunged 309 points, or 1.25 per cent, to settle at 24,472. The broader market at the Bombay Stock Exchange also logged l...

October 21, 2024 6:42 PM

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Oil prices rebound as Brent crude surges 2% to $74.47

Oil prices rose today recouping some of last week's more than 7 per cent decline on worries about demand in China, the world's top oil importer. Brent crude was up around two per cent at 74 dollars and 47 cents per barrel, while US West Texas Intermediate crude was trading more than two per cent hig...

October 21, 2024 6:16 PM

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Two out of five major Asian indices end in green

Two out of five major Asian indices ended in green today. South Korea's Kospi was up by 0.43 per cent and China's Shanghai Composite added 0.20 per cent. Whereas Hong Kong's Hang Seng slipped more than one and a half per cent, Singapore's Straits Times Index decreased 0.71 per cent and Japan's Nekke...