Business

August 1, 2024 7:21 PM August 1, 2024 7:21 PM

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Brent & WTI Crude Prices Rise Nearly 0.5% in Global Market

Brent and WTI crude is trading nearly half a per cent up in the global crude market today. Brent crude increased 0.53 per cent to 81 dollars and 27 cents per barrel. The U.S. West Texas Intermediate (WTI) is up by 0.5 per cent, to 78 dollars and 30 cents per barrel, when reports last came in.      

August 1, 2024 7:20 PM August 1, 2024 7:20 PM

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Fiscal Deficit Declined to 8.1% of Full-Year Estimate in First Quarter

The data released by the Ministry of Finance yesterday showed that the centre’s fiscal deficit declined to 8.1 per cent of the full-year estimate in the first quarter of the current financial year, compared with the corresponding quarter of the previous year.     The increase in tax collec...

August 1, 2024 7:17 PM August 1, 2024 7:17 PM

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Sensex & Nifty Hit Record Highs as BSE Sensex Reaches 81,868 & NSE Nifty Hits 25,011

Sensex and Nifty hit their record highs today, driven by the expectation of a possible Fed interest cut in September. The BSE Sensex added 126 points, or 0.15 per cent, to close at 81,868. The NSE Nifty added 60 points, or 0.24 per cent, to close at 25,011. The Nifty crossed 25000 points for the fir...

August 1, 2024 5:51 PM August 1, 2024 5:51 PM

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S&P 500 & Nasdaq Record Biggest Gains Since February 2022 

The S&P 500 and Nasdaq scored their biggest daily percentage gains since February 2022, and the Dow Jones rose on Wednesday as chip stocks rallied and the Federal Reserve kept U.S. interest rates unchanged while signalling possible easing in September if inflation cools.     Nasdaq jum...

August 1, 2024 1:46 PM August 1, 2024 1:46 PM

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Nifty hits 25,000 mark for first time, Sensex at fresh record high

The Indian benchmark equity indices, Sensex has crossed the 82,000 mark for the first time. The new record high stood at 81,972 levels.   The NSE Nifty 50 rose 97 points to trade at the 25,000 mark for the very first time, when the reports last came in. All the sectoral indices were in green, except...

July 31, 2024 6:11 PM July 31, 2024 6:11 PM

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All Five Major Indices Post Strong Gains Today

All five major Asian Indices had a rally today. China's Shanghai Composite Index rose 2.02 per cent, Hong Kong's Hang Seng Index climbed 1.97 per cent, Japan's Nikkei gained 1.47 per cent, and South Korea's Kospi was up 1.17 per cent. Singapore's Straits Times index added 0.41 per cent. All three ma...