Business

September 11, 2024 8:18 PM

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Rupee settled flat at 83.98 against US dollar

     In the Forex market today, the Indian rupee settled flat at 83 rupees 98 paise against the US dollar as the support from lower crude oil prices and the soft US dollar was overturned by a weak trend in domestic equities.         The dollar index, which indicates the US dollar's strength against ...

September 11, 2024 6:18 PM

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Sensex and Nifty ended in negative territory due to volatile trading

India's equity benchmark indices, Sensex and Nifty ended in negative territory today. Both the indices slipped nearly half percent each in a volatile intra-day trade as investors awaited crucial US inflation data due today.         At close, the Sensex, which is pack of 30 companies was down 398 poi...

September 10, 2024 8:32 PM

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24K Gold Up 0.42%, Silver Up 0.61%

In the Indian Bullion Market, the 24 Karat Gold was trading 0.42 percent up at 72,150 rupees for 10 Grams and Silver 999 Fine, was trading 0.61 percent up at 83,990 rupees per one kilogram, a short while ago.   At Multi Commodity Exchange, Gold and Silver prices were trading up today. The precious m...

September 10, 2024 6:30 PM

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Indian Rupee Falls Two Paise to Close at 83.97 Against US Dollar

In the Forex market today, the Indian rupee ended two paise lower to close at 83 rupees 97 paise against the US dollar due to the strengthening of the American currency in the overseas market.   The dollar index, which indicates the US dollar's strength against a basket of six other leading cur...

September 10, 2024 5:57 PM

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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

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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 9, 2024 8:45 PM

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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

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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...