February 6, 2025 6:09 PM

Oil Prices Rise as Brent Hits $75, WTI Nears $72

Oil prices rose today. Brent Crude was trading 0.7 percent up at 75 dollars and 13 cents per barrel, and WTI Crude gained almost 0.8 percent to trade at around 71 dollars and 59 cents per barrel when reports last came in. Meanwhile, US commercial crude oil inventories increased by 8.7 million barrel...

February 6, 2025 5:57 PM

Asian-European Major Indices End in positive territory

Major Asian indices ended in positive territory today. Hong Kong's Hang Seng surged over 1.4 percent, China's Shanghai Composite index rose over 1.2 percent, South Korea's Kospi increased over one percent, Japan's Nikkei added 0.6 percent, and Singapore's Straits Times index gained almost 0.4 percen...

February 6, 2025 5:26 PM

Rupee Hits Record Low of 87.57 Against US Dollar

In the Forex market, the rupee today depreciated by 11 paise to settle at a record low of 87 rupees and 57 paise against the US dollar as rising odds of a rate cut by the Reserve Bank of India in its monetary policy meeting tomorrow pressurised the rupee. The dollar index, which indicates the US dol...

February 6, 2025 4:32 PM

Indian Stock Market Closes Lower; Sensex Dips 213 Points Ahead of RBI Policy Announcement

Benchmark domestic equity indices today logged losses. The 30-share index at the Bombay Stock Exchange, Sensex, dipped 213 points, or 0.27 percent, to close at 78,058. Similarly, the National Stock Exchange Nifty-50 fell 93 points, or almost 0.4 percent, to settle at 23,603. In the broader market in...

February 6, 2025 1:49 PM

Govt takes considerable measures to combat rising digital payment frauds

The government has said that amid the rising number of digital payment frauds, considerable measures have been taken to combat this form of cybercrime. In a written reply in the Rajya Sabha, the Minister of State in the Ministry of Finance, Pankaj Chaudhary, said that the Reserve Bank of India (RBI)...

February 5, 2025 5:57 PM

Major Asian markets show mixed trends

Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng shed over 0.9 percent, China's Shanghai Composite index declined over 0.6 percent, and Singapore's Straits Times index fell 0.2 percent. Meanwhile, South Korea Kospi rose 1.1 percent, while Japan's Nikkei ended marginally down...

February 5, 2025 5:26 PM

Rupee depreciates by 39 paise

In the Forex market, the rupee today plunged by 39 paise to settle at a record low of 87 rupees and 46 paise against the US dollar as global trade war concerns fuelled risk aversion among investors. The dollar index, which indicates the US dollar's strength against a basket of six other leading cu...

February 5, 2025 5:08 PM

Domestic market ends in negative terrain

Benchmark domestic equity indices ended today's range-bound session in negative terrain, dragged by Realty, FMCG and Consumer Durables sectors. The 30-share index at Bombay Stock Exchange, Sensex, slipped 312 points, or 0.4 percent, to close at 78,271. Similarly, the National Stock Exchange Nifty-50...

February 4, 2025 5:55 PM

Sensex Soars 1,397 Points, Nifty Rises 378 Points on Positive Global Cues

Benchmark domestic equity indices today surged over one and a half percent, amid broad-based buying and positive global cues after the US paused planned tariffs on Canada and Mexico. The 30-share index at the Bombay Stock Exchange, Sensex, soared 1,397 points, or 1.81 percent, to close at 78,584. Si...

February 4, 2025 10:44 AM

Sensex, Nifty trade in green as US pauses planned tariffs

The domestic benchmark equity indices, Sensex and Nifty were trading in the green today, reflecting gains in Asian markets after the U.S. paused its planned tariffs on Canada and Mexico, alleviating concerns over a global trade war.   The BSE Sensex had gained over 659 points or 0.85 per cent at ...