Business

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 ...

September 6, 2024 8:55 PM

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Oil prices gains slightly after US employment data

Oil prices edged higher today amid release of the U.S. employment data, but was on track for a heavy weekly loss as demand concerns offset a delay to supply increases by OPEC+ producers. In the global crude market, Brent crude was trading 0.77 percent up at 73 dollars and 25 cents per barrel. The U....

September 6, 2024 6:21 PM

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Dow Jones slips more than half percent and S&P 500 lost 0.3%

Two out of three US stocks registered downfall yesterday ahead of key jobs data due.   Dow Jones Industrial Average slipped more than half a percent and S&P 500 lost 0.3 percent while the tech-heavy Nasdaq Composite ended slightly higher with a gain of 0.25 percent.

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