Business

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...

September 9, 2024 7:23 PM

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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

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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

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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 7, 2024 7:42 AM

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India overtakes China in Morgan Stanley Emerging Markets Investable Market Index

India has overtaken China in terms of its weightage in the Morgan Stanley Capital International (MSCI) Emerging Markets Investable Market Index during this month. The weightage of India stood at 22.27 per cent as compared to 21.58 per cent of China in the index. An announcement in this regard was ma...

September 7, 2024 10:29 AM

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Indias’s Forex reserve jumps $2 billion

India's forex reserves jumped more than 2 billion dollars to a new high of 683.99 billion dollars for the week ended 30th of August. As per the RBI figures released yesterday, this is the third consecutive weekly rise of forex reserves backed by healthy dollar inflows. According to the RBI data, in ...

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