Business

March 6, 2025 6:28 PM March 6, 2025 6:28 PM

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US markets ended high after announcement of exemption on auto imports

US stocks ended higher in a choppy trading session yesterday after a White House announcement confirmed that President Donald Trump has granted a one-month exemption on his proposed tariffs on auto imports from Mexico and Canada for US automakers. On Wall Street, the Nasdaq Composite increased over ...

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

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Major Asian Markets on Rise

Major Asian indices rose today. Hong Kong's Hang Seng surged over 3.1 percent to a three-year high, driven by Artificial Intelligence stocks and policy support, China's Shanghai Composite advanced over 1.1 percent, Japan's Nikkei added more than 0.7 percent, South Korea's Kospi gained 0.7 percent, a...

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

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Rupee depreciates by 15 paise against US dollar

r In the Forex market, the rupee today depreciated by 15 paise to settle at 87 rupees and 11 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 104.20 in intra-day trade.

March 6, 2025 4:18 PM March 6, 2025 4:18 PM

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Domestic markets end in positive territory for second straight session

The benchmark domestic equity indices today extended their positive momentum for the second straight session amid favourable global cues. The 30-share index at the Bombay Stock Exchange, Sensex, gained 610 points, or 0.83 percent, to close at 74,340 and the National Stock Exchange Nifty-50 rose 207 ...

March 5, 2025 6:35 PM March 5, 2025 6:35 PM

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Domestic markets end in positive territory

Indian benchmark indices staged a comeback today with over one percent gain. The 30-share index at the Bombay Stock Exchange, Sensex, rose 740 points or 1.01 percent to close at 73,730. The National Stock Exchange Nifty-50 gained 255 points or 1.15 percent to settle at 22,337, snapping its 10-losing...

March 5, 2025 6:12 PM March 5, 2025 6:12 PM

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Asian markets collectively show upward trend amid US China tensions

Asian markets witnessed a rally today as China pledged fresh stimulus measures amid ongoing trade tensions with the US. China's Shanghai Composite index rose 0.53 percent as the government unveiled an annual economic growth target of around 5 percent and announced plans to boost domestic consumption...

March 5, 2025 7:27 PM March 5, 2025 7:27 PM

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Rupee appreciates by 31 paise against US dollar

In the Forex market, the rupee today appreciated by 31 paise to settle at 86 rupees and 96 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 105.14 in intra-day trade.

March 5, 2025 2:03 PM March 5, 2025 2:03 PM

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Sensex jumps 900 points intraday, Nifty rises 259 points

The Indian stock market witnessed strong buying in the early morning today. The BSE Sensex opened upside at 73,005 and touched an intraday high of 73,933, logging an intraday gain of around 900 points. The Sensex was trading at 666 points higher at 73,658. The Nifty also witnessed an uptick, rising ...

March 4, 2025 6:16 PM March 4, 2025 6:16 PM

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Drop in oil prices amid OPEC decision & US-Ukraine distance

Global crude oil prices declined today following reports that OPEC+ will proceed with a planned output increase in April. Brent crude oil futures decline over 1 dollar, or 1.5 percent, to 70.57 dollars a barrel. US crude dipped 86 cents, or 1.3%, at 67.51 dollars a barrel. The Organization of the Pe...

March 4, 2025 6:11 PM March 4, 2025 6:11 PM

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Sensex, Nifty end with modest losses

In the Indian stock market today, Sensex and Nifty ended with modest losses. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 96 points to settle at 72,989, and the National Stock Exchange Nifty-50 fell marginally by 36 points to settle at 22,082. In the Sensex index, the top gainers...