March 21, 2025 6:01 PM

Asian Stocks Slip; European Markets Trade in Red

Four out of five major Asian stocks logged losses today. Hong Kong's Hang Seng ended over 2.2 per cent down, China's Shanghai Composite index fell 1.3 per cent, Japan's Nikkei dropped 0.2 per cent and Singapore's Strait Times index slipped marginally by 0.1 per cent.   Conversely, South Korea's K...

March 21, 2025 5:56 PM

India’s Forex Reserves Rise to $654.27 Billion, Gold Reserves Up by $66 Million

India's foreign exchange reserves rose by 305 million dollars, reaching over 654.27 billion dollars in the week ending March 14. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, gold reserves rose by 66 million dollars, totalling over 74.39 ...

March 21, 2025 5:52 PM

Rupee Gains 39 Paise to Close at 85.98 Against USD

In the Forex market, the rupee today strengthened by 39 paise to close at 85 rupees and 98 paise against the US dollar, supported by a positive trend in domestic equity markets and fresh foreign fund inflow. The dollar index, which indicates the US dollar's strength against a basket of six other lea...

March 21, 2025 4:51 PM

Sensex, Nifty Extend Gains for 5th Day; Broader Markets Rally

The benchmark domestic equity indices today ended week's last trading session on a strong note, extending their winning streak for the fifth straight session amid buying across most sectors and renewed optimism over easing foreign selling. The 30-share index at the Bombay Stock Exchange, Sensex, adv...

March 21, 2025 1:24 PM

Sensex jumps 633 points, Nifty up 186

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.8 per cent up in the afternoon trade today as fresh foreign fund inflows boosted market sentiment. The 30-share BSE Sensex gained 633 points to 76,981 and the NSE Nifty50 rose 186 points to 23,377 when reports last came in....

March 20, 2025 6:10 PM

US stocks rise after Federal Reserve’s kept interest rate unchanged

US stocks rose on Wednesday after the Federal Reserve kept its benchmark overnight interest rate unchanged in the 4.25 per cent to 4.50 per cent range, indicating that two quarter-point interest rate cuts were likely later this year, the same median forecast as three months ago. The Nasdaq Composi...

March 20, 2025 6:07 PM

Oil prices rise after strong demand in US

Oil prices rose today supported by a strong outlook for demand in the United States after fuel inventories fell more than expected. Brent Crude was trading 0.4 per cent up at 71 dollars and six cents per barrel. WTI Crude was trading over 0.4 per cent up at 67 dollars and 44 cents per barrel, when r...

March 20, 2025 6:04 PM

Asian markets display mixed response, European markets in negative territory

Major Asian stocks displayed mixed trends today. Hong Kong's Hang Seng ended over 2.2 per cent down, and China's Shanghai Composite index fell half per cent. Conversely, Singapore's Strait Times index added over half per cent and South Korea's Kospi rose over 0.3 per cent. The market in Japan was ...

March 20, 2025 5:06 PM

Rupee rises by 6 paise to close at 86.37

In the Forex market, the rupee today appreciated by six paise to close at 86 rupees and 37 paise against the US dollar supported by a positive trend in domestic equity markets. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was tradin...

March 20, 2025 4:07 PM

Sensex, Nifty end with gains

 The benchmark domestic equity indices today ended with gains of over one percent, boosted by buying across all sectors and positive global cues after the US Federal Reserve upheld its rate-cut projection for the year. The 30-share index at the Bombay Stock Exchange, Sensex, climbed 899 points to c...