Business

January 30, 2025 4:25 PM

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Market Update: Sensex gains 227 pts, Nifty50 settles at 23,249

Benchmark domestic equity indices today continued their upward momentum for the third straight session. The 30-share index at the Bombay Stock Exchange, Sensex, gained 227 points, or 0.3 percent, to close at 76,760. Similarly, the National Stock Exchange Nifty-50 added 86 points, or 0.37 percent, to...

January 30, 2025 4:12 PM

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Digital payments rise 11.1% Y-o-Y in September 2024: RBI data

Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as of September 2024, according to the Reserve Bank of India's (RBI) index.         The RBI's Digital Payments Index (RBI-DPI) for September 2024 stands at 465.33 up from 445.5 for March 2024. The increase...

January 30, 2025 1:14 PM

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Sensex, Nifty trade in positive territory

Benchmark domestic equity indices, Sensex and Nifty, were trading in positive territory in the afternoon trade today, led by the Oil and Gas and Realty sectors. The 30-share BSE Sensex gained 304 points, or 0.4 per cent, to 76,837, and the NSE Nifty50 added 121 points, or 0.52 per cent, to 23,284, w...

January 29, 2025 6:54 PM

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MCX, NSE & BSE to remain open on Union Budget Day

The Multi Commodity Exchange of India (MCX) today said it will remain open for trading on 1st February due to the Union Budget 2025-26 presentation by Finance Minister Nirmala Sitharaman. MCX said trading will take place from 9:00 a.m. to 5:00 p.m. Meanwhile, the National Stock Exchange and the Bomb...

January 29, 2025 5:58 PM

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Oil prices down after indicated rise in US inventories

Oil prices fell after industry body data indicated rise in US crude inventories for the week ending January 24. Brent Crude was trading over 0.6 percent down at 76 dollars and 98 cents per barrel, and WTI Crude lost over half percent to trade at around 73 dollars and 37 cents per barrel when reports...

January 29, 2025 5:50 PM

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European markets show mixed trend

Among major Asian indices, Japan's Nikkei advanced over one percent, snapping its three-day losing streak. Meanwhile, markets in Singapore, South Korea, Hong Kong and China were closed for the Lunar New Year holiday. Major European indices were trading mixed. Germany's DAX was trading over 0.8 perce...

January 29, 2025 5:48 PM

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Rupee ends at 86.55 against US dollar

In the Forex market, the rupee today ended marginally down to settle at 86 rupees and 55 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.