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May 16, 2025 9:25 PM

Gold and Silver Prices Dip Over 1% in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over one percent down at 92,620 rupees per 10 grams, while Silver 999 Fine was trading over 1.2 percent down at 94,860 rupees per kilogram a short while ago.   At the Multi Commodity Exchange, gold for the June contract was trading over one ...

May 16, 2025 8:32 PM

Oil Prices Rise Slightly on Easing US-China Tensions, Capped by Supply Outlook

Oil prices edged up today amid easing US and China trade tension, but gains were capped due to higher supply expectations from Iran and OPEC+. Brent Crude was trading over 0.3 per cent up at 64 dollars and 77 cents per barrel. WTI Crude was also trading over 0.3 per cent up at 61 dollars and 83 cent...

May 16, 2025 8:29 PM

India’s Forex Reserves Jump $4.55 Billion to Record $690.6 Billion

India's foreign exchange reserves rose by 4.55 billion dollars, reaching 690.6 billion dollars in the week ending 9th May. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, foreign currency assets, a major component of the reserves, were up b...

May 16, 2025 1:16 PM

Sensex falls 274 points, Nifty below 25,000 amid IT drag, mixed global cues

The Benchmark domestic equity indices, Sensex and Nifty, were trading with modest losses in the afternoon trade today, weighed down by the IT pack and mixed global cues. The 30-share BSE Sensex dropped 274 points to 82,257 and the NSE Nifty50 slipped 65 points to 24,997 when reports last came in....

May 15, 2025 9:53 PM

Gold Trades Flat, Silver Slightly Down in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading flat at 92,610 rupees per 10 grams, while Silver 999 Fine was trading 0.16 percent down at 95,430 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the June contract was trading flat at 92,261 rupees per 10 grams,...

May 15, 2025 7:55 PM

Nifty Tops 25,000 as Sensex Gains 1,200 Points; Rupee Slips

The benchmark domestic equity indices today staged a sharp trend reversal, ending with gains of around one and half percent with Nifty reclaiming the 25,000 mark for the first time since October 2024. The broader market indices at the BSE also ended higher. The Mid-Cap index gained over 0.6 per cent...

May 15, 2025 6:23 PM

Asian Markets Dip Amid Caution; European Indices Trade Mixed

Most Asian markets edged down today amid a cautious stance as investors waited for further developments in trade negotiations, as well as progress in the US-Iran nuclear deal. Japan's Nikkei dipped almost one percent, Hong Kong's Hang Seng index declined almost 0.8 percent, South Korea's Kospi Index...

May 15, 2025 6:18 PM

Rupee Falls 28 Paise to Close at 85.55 Against US Dollar

In the forex market, the rupee today depreciated by 28 paise to close at 85 rupees and 55 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was trading at 100.84 in intraday trade....

May 15, 2025 7:30 PM

US Stocks Mixed as Trump Secures $600 Billion from Saudi Arabia

US stocks ended mixed on Wednesday as investors waited for the next batch of economic data and trade developments while President Donald Trump toured the Gulf states and secured 600 billion in commitments from Saudi Arabia. The Nasdaq Composite rose over 0.7 percent, and the S&P 500 ended up by ...

May 15, 2025 5:17 PM

Sensex Jumps 1,200 Points, Nifty Reclaims 25,000 on Strong Buying and Trade Optimism

The benchmark domestic equity indices today staged a sharp trend reversal, ending with gains of around one and a half per percent with the Nifty reclaiming the 25,000 mark for the first time since October 2024. The market sentiment remained upbeat amid heavy buying in index heavyweights and metal, a...

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