Business

June 28, 2024 9:11 PM June 28, 2024 9:11 PM

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India’s core sector grew by 6.3% in May

India’s core sector grew by 6.3 per cent in May, this year as compared to the same period last year. According to the data released by the ministry of commerce and industry today, production of Electricity, Coal, Steel, Natural Gas and Refinery Products recorded positive growth in May 2024. However ...

June 28, 2024 7:49 PM June 28, 2024 7:49 PM

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Market Update: India’s Equity indices extend their rally to fresh all-time highs

India's Equity Indices extended their rally to fresh all-time highs during the session today. However, selling at higher levels erased all the day’s gains to end with losses snapping their four-day winning run.   At close, the 30-share pack hit a fresh record high of 79,672 but eventually ended...

June 28, 2024 11:57 AM June 28, 2024 11:57 AM

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Stock Market: Sensex at 79,426 & Nifty at 24,117

Indian equity indices opened in green today following buying in largecap stocks. Sensex and Nifty made a new all-time high of 79,671 and 24,174 respectively.   At 11:30 AM, Sensex was at 79,426, up 183 points or 0.23 per cent. Nifty was up 73 points or 0.30 per cent, at 24,117.

June 27, 2024 8:46 PM June 27, 2024 8:46 PM

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SEBI advices not to engage with financial influencers   

The Security and Exchange Board of India (SEBI) has prohibited regulated entities such as stock brokers and mutual funds from associating with unregistered entities like financial influencers. Following a board meeting, SEBI Chairperson Madhabi Puri Buch stated that entities under SEBI's regulation ...

June 27, 2024 7:56 PM June 27, 2024 7:56 PM

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Gold rises while silver marginally down

At the Multi Commodity Exchange, Gold and Silver prices are mixed today. The precious metal, for August contract, rose by 0.28 percent and traded at 71,288 rupees per 10 grams. Silver for July contract, was marginally down 0.03 percent and trading at 86,937 rupees per kilogram when the reports last ...

June 27, 2024 7:51 PM June 27, 2024 7:51 PM

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Asian markets drop, Europeans also in red today

Major Asian indices ended negative today except Singapore's Straits Times gained 0.35 percent. While Hong Kong's Hang Seng tanked 2.06 percent, China's Shanghai Composite Index lost 0.90 percent, Japan's Nikkei fell 0.82 percent and South Korea's Kospi decreased 0.29 percent. In the European market,...

June 27, 2024 7:51 PM June 27, 2024 7:51 PM

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Oil prices climbs due to supply disruption risks 

Oil prices climbed today as supply disruption risks from rising geopolitical tensions in west asia helped to counter demand fears after a surprise build in U.S. stockpiles. Brent crude was up by 0.52 percent to 85 dollars and 69 cents per barrel. The US West Texas Intermediate (WTI) crude rose 0.44 ...

June 27, 2024 6:21 PM June 27, 2024 6:21 PM

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Dollar index downs, Rupee appreciates

In the Forex market today, the Indian rupee appreciated 11 paisa and closed at 83 rupee and 46 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was down by 0.15 percent at 105.89 in intra-day trade.

June 27, 2024 6:09 PM June 27, 2024 6:09 PM

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Nasdaq gains, Dow Jones drops

The US stock market extended a mixed performance on Wednesday with the S&P 500 and Nasdaq registered gains, while the Dow Jones dropped. The Dow Jones settled with a loss of 0.03 percent. The Nasdaq climbed 0.49 percent, while the S&P 500 ended up by 0.16 percent.