Business

February 21, 2025 5:28 PM February 21, 2025 5:28 PM

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Asian Markets Rally; European Indices Trade in Green

Major Asian indices logged gains today. Hong Kong's Hang Seng surged over 3.8 percent, China's Shanghai Composite rose over 0.8 percent, and Japan's Nikkei increased over 0.2 percent, while Singapore's Straits Times index as well as South Korea's Kospi both ended nearly flat. Major European indices ...

February 21, 2025 5:28 PM February 21, 2025 5:28 PM

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US Stocks Slip Amid Tariff Concerns

US stocks edged down yesterday as ongoing tariff jitters and a downbeat forecast from a leading multinational retail corporation dampened investor risk appetite. The Dow Jones Industrial Average dropped one percent, and the Nasdaq Composite as well as the S&P 500 fell over 0.4 percent each.

February 21, 2025 7:37 PM February 21, 2025 7:37 PM

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Sensex Falls 425 Points, Nifty Drops 117 as Markets Extend Losing Streak

The benchmark domestic equity indices today ended the week's last trading session with losses of over half a percent, extending their downslide to the fourth consecutive session.   The broader market indices at the BSE ended in negative territory. The 30-share index at the Bombay Stock Exchange, Sen...

February 20, 2025 8:14 PM February 20, 2025 8:14 PM

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Gold & Silver Prices Rise in Indian Bullion Market; MCX Gold Trades Higher

In the Indian Bullion Market, 24 Karat Gold was trading over 0.31 percent up at 86,340 rupees per 10 grams, and Silver 999 Fine was trading over one percent up at 97,820 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold was trading with gains today. The precious metal, for...

February 20, 2025 6:52 PM February 20, 2025 6:52 PM

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Oil Prices Edge Up Amid US Crude Stockpile Buildup

Oil prices witnessed modest gains today as an industry body report showing a buildup in US crude stockpiles limited the rise. Brent Crude was trading over 0.2 percent up at 76 dollars and 28 cents per barrel, and WTI Crude gained over 0.1 percent to trade at around 72 dollars and 33 cents per barrel...

February 20, 2025 6:45 PM February 20, 2025 6:45 PM

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Rupee Gains 30 Paise to Settle at 86.66/USD as Dollar Weakens

In the Forex market, the rupee today strengthened by 30 paise to settle at 86 rupees and 66 paise against the US dollar, supported by the weakening of the American currency in the overseas market. The dollar index, which indicates the US dollar's strength against a basket of six other leading curren...

February 20, 2025 6:36 PM February 20, 2025 6:36 PM

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US Stocks End with Modest Gains; Fed Minutes Indicate Cautious Approach on Rate Cuts

US stocks ended with modest gains yesterday. The S&P 500 rose 0.24 percent, the Dow Jones Industrial Average gained 0.16 percent, and the Nasdaq Composite ended nearly flat, with a positive bias.   Meanwhile, the minutes of the US Fed's Federal Open Market Committee meeting held in January showe...

February 20, 2025 6:36 PM February 20, 2025 6:36 PM

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Asian Markets Decline; European Indices Trade Mixed

Major Asian indices ended in negative territory today. Hong Kong's Hang Seng slumped over 1.6 percent, Japan's Nikkei fell over 1.2 percent, South Korea's Kospi declined over 0.6 percent, Singapore's Straits Times index slipped 0.17 percent, and China's Shanghai Composite index ended flat. Major Eur...

February 20, 2025 8:12 PM February 20, 2025 8:12 PM

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Sensex Falls 203 Points, Nifty Ends Flat; Rupee Gains 30 Paise Against USD

The benchmark domestic equity indices today ended in negative territory for the third straight session. The broader market indices at the BSE outperformed the benchmark indices. The 30-share index at the Bombay Stock Exchange, Sensex, shed 203 points, or 0.27 percent, to close at 75,736. Meanwhile, ...

February 19, 2025 4:01 PM February 19, 2025 4:01 PM

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Benchmark domestic equity indices end on a flat note

The benchmark domestic equity indices ended on a flat note on Wednesday. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 28 points to close at 75,939. Similarly, the National Stock Exchange Nifty-50 was marginally down by 12 points to settle at 22,933. In the global crude market, Br...