Business

May 4, 2025 5:58 PM

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FPIs Return to Indian Equities with ₹4,223 Crore Inflow in April

After three months of net withdrawals, foreign investors pumped in over 4,200 crore rupees into the Indian equity market in April. According to the data, Foreign Portfolio Investors, or FPIs, made a net investment of 4,223 crore rupees in equities last month.   The inflow into the equity market come...

May 2, 2025 5:43 PM

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India’s Forex Reserves Rise by $1.98 Billion to $688.13 Billion

India's foreign exchange reserves rose by 1.98 billion dollars, reaching 688.13 billion dollars in the week ending April 25. 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...

May 2, 2025 4:28 PM

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Sensex Ends 260 Points Higher; Broader Market Weakens in Volatile Trade

In the Indian stock market, the Sensex ended with modest gains while the Nifty settled nearly unchanged in a volatile trading session today. The 30-share index at the Bombay Stock Exchange, Sensex, advanced 260 points, or 0.32 percent, to close at 80,502. The National Stock Exchange Nifty-50 increas...

May 2, 2025 4:04 PM

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Sensex Rises 260 Points, Nifty Flat in Volatile Trade

In the Indian stock market, the Sensex ended with modest gains while the Nifty settled nearly unchanged in a volatile trading session today. The 30-share index at the Bombay Stock Exchange, Sensex, advanced 260 points, or 0.32 percent, to close at 80,502. The National Stock Exchange Nifty-50 increas...

May 2, 2025 11:33 AM

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Sensex up 350 points at 80,592, Nifty gains 71 points to 24,407

The benchmark domestic equity indices opened in green this morning following positive cues from the global markets. Sensex was up 350 points at 80,592, and Nifty was up 71 points at 24,407. Midcap and smallcap indices were trading flat compared to the largecap. The Nifty midcap 100 index was up 40 p...

May 1, 2025 8:10 PM

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Gold Drops Over 2%, Silver Slips 1% in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over 2.1 per cent down at 92,830 rupees per 10 grams, while Silver 999 Fine was also trading one percent down at 94,990 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the June contract was trading over 2.2 perc...

May 1, 2025 5:59 PM

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Oil Prices Slide Further on Supply Worries, US Economic Contraction

Oil prices fell today, extending a steep decline from the previous session amid concerns of mounting supply and data showing a contraction in the US economy, the world's top oil consumer. Brent Crude was trading almost two per cent down at 59 dollars and 85 cents per barrel. WTI Crude was also down ...

May 1, 2025 5:53 PM

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Nikkei Rises 1.1% as Most Asian, European Markets Shut for Labour Day

Most Asian markets, except Japan, were closed for trading in observance of Labour Day. Meanwhile, Japan's Nikkei index rose over 1.1 percent today. The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.5 percent for a second straight meeting as worries continued to grow ...

May 1, 2025 5:46 PM

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Wall Street Ends Mixed as GDP Shrinks, Dow and S&P 500 Rally Late

US stocks ended mixed on Wednesday, with the Dow Jones Industrial Average and S&P 500 closing higher after a late rally. The indices recovered from losses suffered earlier in the session, which were triggered by data showing that the economy contracted in the first quarter for the first time in ...