Business

August 19, 2024 2:03 PM

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Domestic Benchmark Indices are flat, Sensex displays a mixed trend

Domestic Benchmark Indices are nearly flat today. Sensex displayed mixed trend, while Nifty traded with marginal gains in the afternoon trade following reduction in the windfall tax on crude oil, which boosted energy stocks. At 1:30 PM, the BSE Sensex, was slightly up by 9.8 points, or 0.01 percent ...

August 17, 2024 5:43 PM

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US stock ends higher; extended biggest weekly percentage

US stocks ended higher on Friday, extending their biggest weekly percentage gains of the year as worries of an economic downturn eased and investors focused on the Jackson Hole Economic Symposium next week.   The S&P 500 and the Nasdaq notched their seventh straight session of gains as stoc...

August 16, 2024 9:34 PM

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Sensex and Nifty traded firm and ended the week’s last session

Domestic Benchmark Indices, Sensex and Nifty traded firm and ended the week's last session more than one and half a percent up today.   At the closing bell, the BSE sensex Zoomed 1331 points, or 1.68 percent, to close at 80437. The NSE Nifty advanced 397 points, or 1.65 percent, to close at 24,...

August 16, 2024 8:14 PM

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Asian indices on the rise today; Nikkei Leads with 3.51% Gain

The five major Asian indices experienced gain today. Japan's Nikkei gained 3.51 percent, South Korea's Kospi increased 1.95 percent, Hong Kong's Hang Seng Index gained 1.84 percent, Singapore's Straits Times index added 1.11 percent and China's Shanghai Composite Index marginally up by 0.07 percent....

August 16, 2024 8:11 PM

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Sensex, Nifty traded firm and ended week’s last session

Domestic Benchmark Indices, Sensex and Nifty traded firm and ended the week's last session more than one and half a percent up today. At the closing bell, the BSE Sensex zoomed 1,331 points, or 1.68 percent, to close at 80,437. The NSE Nifty advanced 397 points, or 1.65 percent, to close at 24,541. ...

August 16, 2024 7:57 PM

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Sensex and Nifty ended the week’s last trading session

India's equity benchmark indices, Sensex and Nifty, ended the week's last trading session with gains of over one and a half percent each today. The BSE Sensex soared 1,330 points, or 1.68 percent, to close at 80,437. The NSE Nifty gained 397 points, or 1.65 percent, to close at 24,541. In the global...

August 15, 2024 7:35 PM

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US Markets Close Higher on Rate Cut Hopes

US markets closed higher as the latest inflation data reassured investors that the Federal Reserve would start cutting US interest rates next month. The Dow Jones Industrial Average gained 243 points or 0.6% to 40,008.       The Nasdaq Composite gained 5 points to close at 17,193. The S&P 5...

August 15, 2024 7:35 PM

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Global Crude Oil Prices Rise Amid US Rate Cut Optimism

Global crude oil prices ticked today as optimism built that potential US interest rate cuts will boost economic activity and fuel consumption, but concerns over slower global demand curbed gains.   Brent crude oil prices were up 51 cents, or 0.6%, at 80.27 dollars a barrel. US crude also gained...

August 15, 2024 7:14 PM

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Domestic Bullion Markets Closed; Global Gold Prices Rise, Silver Gains 2%

Domestic bullion markets were closed today. However, global gold prices rose today, a day after US inflation data suggested the Federal Reserve might reduce interest rates next month. Gold gained 0.5% to 2,460.38 dollars per ounce, just $23 shy of the record high of 2,483.6 dollars reached last mont...

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