Business

April 9, 2025 5:04 PM

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Indian Stock Market Declines Amid Global Losses, Sensex Drops 380 Points

The benchmark domestic equity indices declined over half a percent today, tracking losses in global markets amid escalating trade tensions despite the Reserve Bank of India's decision to reduce the policy repo rate by 25 basis points and shift its stance to accommodative, signalling more rate cuts a...

April 9, 2025 11:54 AM

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Sensex drops 317 points, Nifty slips 107

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.4 per cent down in forenoon trade today, tracking weakness in global markets amid rising trade tension. Meanwhile, the Reserve Bank of India cut its policy repo rate by 25 basis points to six per cent in the first meeting o...

April 9, 2025 11:23 AM

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Asian markets sink as White House imposes 104% tariff on Chinese imports

Asian markets sank again today as the White House imposed reciprocal US tariffs, including a massive 104 per cent levy on Chinese imports.     Japan’s Nikkei 225 index fell nearly 4 per cent in morning trade, while markets in South Korea, New Zealand and Australia also declined, according to the Ass...

April 8, 2025 9:56 PM

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Oil Prices Edge Up Slightly, Hover Near 4-Year Lows Amid US-China Trade Tensions

Oil prices were marginally up today but remained near four-year lows amid recession fears following escalating trade tension between the US and China. Brent Crude was trading nearly flat at 64 dollars and 24 cents per barrel. WTI Crude was also trading slightly up by 0.15 per cent at 60 dollars and ...

April 8, 2025 9:55 PM

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Rupee Falls 42 Paise to 86.26 Against Dollar Amid Import Demand & Global Concern

In the Forex market, the rupee today depreciated by 42 paise to close at 86 rupees and 26 paise against the US dollar, primarily driven by strong demand for dollars from importers, a looming global trade war and ongoing outflows of foreign funds from Indian equity markets. The dollar index, which in...

April 8, 2025 6:53 PM

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Wall Street Mixed as Tariff Worries Weigh on Investor Sentiment

US stocks displayed a mixed trend on Monday, with investors worried about an economic slowdown and rising inflation as US President Donald Trump stood firm on tariffs, warning he could further increase levies on China.   In early trade, all three major indices touched their lowest levels in more tha...

April 8, 2025 6:52 PM

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Asian Stocks Rebound Despite US Tariff Threats; European Markets Also Rise

Most Asian stocks rose today, rebounding from the previous session’s losses despite US President Donald Trump’s tariff policy and threats of even higher levies against China.   Japan's Nikkei surged over 6 per cent after US President Trump and Japan Prime Minister Shigeru Ishiba agreed to open trade...

April 8, 2025 4:59 PM

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Markets Rally: Sensex Jumps 1,089 Points, Nifty Ends Above 22,500

The benchmark domestic equity indices staged a strong comeback today, with both the indices rising around one and a half percent supported by buying across all sectors and positive global cues. The 30-share index at the Bombay Stock Exchange, Sensex, climbed 1,089 points, or 1.49 percent, to close a...

April 8, 2025 12:59 PM

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Sensex, Nifty up over 2.2% on positive global cues

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 2.2 per cent up in the afternoon trade today, driven by positive global cues and widespread buying across various sectors. The 30-share BSE Sensex surged 1,637 points to 74,775, and the NSE Nifty50 rose 496 points to 22,658 w...

April 7, 2025 10:12 PM

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Asian Markets Crash as US-China Trade Tensions Spark Recession Fears

Major Asian stocks witnessed a bloodbath today, hitting multi-year lows, as concerns over a potential global recession intensified amid escalating trade conflict between the world’s two largest economies, the US and China. Meanwhile, the massive sell-off was also triggered by US President Donald Tru...