Business

January 9, 2025 4:29 PM

Sensex ends with the loss of over 500 pts

Benchmark domestic equity indices today ended with losses of over 0.6 percent, dragged by the Realty and Oil and Gas sectors. The 30-share index at the Bombay Stock Exchange, Sensex, shed 528 points, to close at 77,620. Similarly, the National Stock Exchange Nifty-50 lost 162 points, to settle at ...

January 9, 2025 4:29 PM

SIP Inflows Cross Rs 26,000 Crore Mark For 1st Time In December: AMFI

The inflow into systematic investment plans (SIPs) crossed the 26,000 crore rupee mark for the first time, reaching 26,459 crore rupees in December, compared to 25,320 crore rupees in November. According to data from the Association of Mutual Funds in India (AMFI) released today, open-ended equity m...

January 8, 2025 5:58 PM

Oil prices up as supply from Russia & OPEC members tightens

Oil prices continued their upward trend today, as supplies from Russia and OPEC members tightened. In intra-day trade, Brent Crude was trading at around 77 dollars and 20 cents per barrel. WTI Crude also logged marginal gains to trade at around 74 dollars and 60 cents per barrel, as p...

January 8, 2025 5:40 PM

Domestic markets end flat

Benchmark domestic equity indices ended nearly flat in a volatile trade today. The 30-share index at Bombay Stock Exchange, Sensex, dropped 51 points, to close at 78,148. Similarly, the National Stock Exchange Nifty-50 ended marginally down by 19 points, to settle at 23,689. The broader market ...

January 7, 2025 8:18 PM

India’s GDP to Grow at 6.4% in FY 2024-25

India's Gross Domestic Product (GDP) is projected to grow at 6.4 percent in the fiscal year 2024-25. According to the first advance estimates of the annual gross domestic product (GDP) for the current fiscal year released by the National Statistics Office (NSO) of the Ministry of Statistics and Prog...

January 7, 2025 6:25 PM

Rupee appreciates by 11 paise against US dollar

In the Forex market, the rupee today appreciated by 11 paise to settle at 85 rupees and 72 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 108.09 in intra-day trade. ...

January 7, 2025 6:20 PM

Most Asian markets end in green

Four out of five major Asian indices ended with gains today. Japan's Nikkei climbed over 1.9 percent, China's Shanghai Composite Index rose 0.7 percent, Singapore's Straits Times index gained 0.17 percent, and South Korea's Kospi added 0.14 percent. Meanwhile, Hong Kong's Hang Seng Inde...

January 7, 2025 6:18 PM

RBI guideline for banks & Fin institutions on customer credit information

The Reserve Bank of India (RBI) issued directions consolidating various guidelines for banks and financial institutions on reporting customer credit information. As per the directions, credit information companies will have to send alerts through SMS or email to customers when their Credit Informati...

January 7, 2025 4:20 PM

Domestic market ends in green

Benchmark domestic equity indices today ended in positive territory, supported by Oil and Gas, Energy and Healthcare sectors. The 30-share index at the Bombay Stock Exchange, Sensex, gained 234 points, or 0.3 per cent, to close at 78,199. Similarly, the National Stock Exchange Nifty-50 added 92 po...

January 7, 2025 1:03 PM

Sensex rises 248 points, Nifty gains 107 points

Benchmark domestic equity indices, Sensex and Nifty, were trading with gains in the afternoon trade today, supported by Oil and Gas, Energy and Healthcare sectors. The 30-share BSE Sensex gained 248 points, or 0.32 per cent, to 78,213, and the NSE Nifty50 added 107 points, or 0.45 per cent, to 23,...