Business

March 11, 2025 6:26 PM March 11, 2025 6:26 PM

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Oil prices covered earlier losses to rise up

Oil prices pared earlier losses to rise up during trade on Tuesday, helped by weakness in U.S. dollar, although gains were capped as concerns mounted over a potential U.S. recession and the impact of tariffs on global economic growth. Brent Crude was trading over 1.2 percent up at 70 dollars and 12 ...

March 11, 2025 6:24 PM March 11, 2025 6:24 PM

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Rupee strengthened by 12 paise to settle at 87.21

In the Forex market, the rupee today strengthened by 12 paise to settle at 87 rupees and 21 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies was at 103.5 in intra-day trade a short while ago.

March 11, 2025 6:22 PM March 11, 2025 6:22 PM

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Asian markets fell amid overnight losses on Wall Street

After overnight losses on Wall Street amid tariff concerns and fears of potential recession in the world’s largest economy, investors were rattled and this fall was mirrored in some of the major Asian markets. However, China and Hong Kong markets managed to hold strong and overall the Asian markets ...

March 11, 2025 6:20 PM March 11, 2025 6:20 PM

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Domestic markets ended flat after reversing initial losses

The benchmark domestic equity indices today reversed initial losses and ended almost flat with a positive bias. The Indian markets showed resilience despite weak global cues and fall in major international markets amid recession fears and tariff concerns. The 30-share index at the Bombay Stock Excha...

March 10, 2025 6:13 PM March 10, 2025 6:13 PM

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Oil prices rise amid US sanction on Iranian export

Oil prices today rose supported by potential sanctions on Iranian oil exports by the US. Meanwhile concerns over the impact of US import tariffs on global economic growth and fuel demand capped gains. Brent Crude was trading over 0.4 percent up at around 70 dollars and 70 cents per barrel. WTI Crude...

March 10, 2025 5:20 PM March 10, 2025 5:20 PM

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Rupee depreciates by 45 paise against US dollar

  In the Forex market, the rupee today depreciated by 45 paise to settle at 87 rupees and 33 paise against the US dollar due to volatile crude oil prices amid tariff uncertainties and foreign fund outflows.  The dollar index, which indicates the US dollar's strength against a basket of six other lea...

March 10, 2025 5:03 PM March 10, 2025 5:03 PM

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Domestic markets ended in negative territory

The benchmark domestic equity indices today reversed initial gains and ended in negative territory amid weak global cues. The 30-share index at the Bombay Stock Exchange, Sensex, fell 217 points, almost 0.3 percent, to close at 74,115. The National Stock Exchange Nifty-50 also lost 92 points, or 0.4...

March 10, 2025 12:54 PM March 10, 2025 12:54 PM

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Sensex gains 203 points, Nifty up 42 points

The Benchmark domestic equity indices, Sensex and Nifty, were trading with modest gains in the afternoon trade today. The 30-share BSE Sensex added 203 points to 74,535 and the NSE Nifty50 rose 42 points to 22,594 when reports last came in.

March 9, 2025 6:53 PM March 9, 2025 6:53 PM

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Markets Eye Key Economic Data, Global Cues in Holiday-Shortened Week

After snapping three weeks of losing streak, domestic markets will closely monitor key factors including fresh updates on tariff negotiations, geopolitical tensions, and their impact on the movement of the US dollar and crude oil prices in the holiday truncated week. Next week, the market will witne...