Business

September 10, 2024 5:57 PM

Sensex Rises 361 Points, Nifty Reclaims 25,000 Level

India's equity benchmark indices ended higher today with Sensex soaring over 350 points and Nifty regaining its 25,000 level fueled by strong buying in IT, telecommunication, power, and healthcare stocks. At the closing bell, the Sensex, which is a pack of 30 companies was up 361 points at 81...

September 10, 2024 5:54 PM

3 out of 5 Asian indices ends in positive territory

Three out of five Asian indices ended in positive territory. Singapore's Straits Times Index increased nearly half per cent, China's Shanghai Composite Index rose 0.3 per cent, and Hong Kong's Hang Seng Index gained 0.2. Meanwhile, Korea's Kospi fell half a per cent and Japan's Nikkei was mar...

September 10, 2024 5:51 PM

US Stocks Rise Over 1% as Investors Seek Bargains Ahead of Inflation Reports & Fed Policy Decision

US stocks gained more than one per cent yesterday as investors looked for bargains after the previous week's sell-off, awaiting for inflation reports and the Federal Reserve's policy decision. The S&P 500 and Nasdaq Composite increased nearly one and half per cent and Dow Jones Industrial...

September 9, 2024 8:45 PM

Indian Rupee Ends One Paise Lower at 83.96 Against US Dollar

In the Forex market today, the Indian rupee ended one paise lower at 83 rupees 96 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 101.67 in intra-day trade.

September 9, 2024 7:27 PM

Oil Prices Surge 1% as Approaching US Gulf Coast Hurricane Boosts Market Recovery

Oil prices jumped by a per cent today as a potential hurricane approaching the U.S. Gulf Coast helped oil prices recover from the previous week's heavy losses. In the global crude market, Brent crude was trading 1.3 per cent up to trade at 72 dollars and one cent per barrel. The U.S. West Texas Inte...

September 9, 2024 7:23 PM

Four out of five Asian indices ends in negative territory

Four out of five Asian indices ended in negative territory. Hong Kong's Hang Seng Index declined nearly one and a half per cent, China's Shanghai Composite Index lost more than one per cent, Japan's Nikkei slid nearly half per cent and Korea's Kospi fell 0.3 per cent. Meanwhile, Singapore's Straits ...

September 9, 2024 6:07 PM

Sensex Rises 376 Points, Nifty Rebounds Above 24,900

India's equity benchmark indices edged higher today with Sensex surging over 300 points and Nifty snapping its three-day fall to settle above 24,900. At the closing bell, the Sensex, which is a pack of 30 companies was up 376 points or 0.5 per cent at 81,560 and the NSE Nifty was also up 84 p...

September 9, 2024 11:34 AM

Indian equity indices trades mildly positive

Benchmark Indian equity indices traded mildly positive in morning deals despite weak global cues. The BSE Sensex rose 201 points or 0.25 percent to 81,385, while the Nifty 50 gained 49 points or 0.20 percent to 24,901, when the reports last came in.

September 9, 2024 5:43 AM

Foreign Investors Inject Rs 11,345 Crore into Indian Capital Markets in 1st week of September

Foreign investors pumped nearly 11,000 crore rupees into the Indian capital markets in first week of September. As per the depositories data, Foreign Portfolio Investors or FPIs, invested 10,978 crore rupees into equity markets and 367 crore rupees into the debt markets, taking the total net investm...