Business

November 27, 2024 8:57 PM November 27, 2024 8:57 PM

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Benchmark Indices End on a Positive Note, Led by Gains in Banking and Auto Stocks

Domestic benchmark equity indices today ended in positive territory, led by gains in banking and auto stocks. The 30-share BSE Sensex climbed 230 points, or 0.29 percent, to close at 80,234, while the NSE Nifty50 rose 80 points, or 0.33 percent, to settle at 24,275. The broader market at the Bombay ...

November 27, 2024 7:55 PM November 27, 2024 7:55 PM

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Gold and Silver Prices Rise in Indian Bullion Market; Gold Up 1.2%, Silver Up 0.9%

 In the Indian Bullion Market, 24 Karat Gold was trading 1.2 percent up at 76,390 rupees per 10 grams, while Silver 999 Fine was also trading 0.9 percent up at 89,010 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, the gold price was trading up today. The precious metal, for...

November 27, 2024 6:52 PM November 27, 2024 6:52 PM

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US Stocks Hit Record Highs, Driven by Tech Rally and Positive Economic Signals

US stocks reached record highs yesterday, led by rally in technology stocks. Meanwhile, the investors also digested the President-elect Donald Trump's tariff announcements on top trade partners and the latest minutes from the Federal Reserve that showed officials support moving gradually to lower in...

November 27, 2024 5:58 PM November 27, 2024 5:58 PM

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Oil Prices Rise Amid Expectations of OPEC+ Output Delay

Oil prices continued upward trend today, amid anticipation that OPEC+ could delay a planned increase in oil output in its meeting scheduled later this week. Brent Crude was trading 0.41 percent up at 73 dollars and 11 cents per barrel, and WTI Crude had gained 0.45 percent to trade at 69 dollars and...

November 27, 2024 5:12 PM November 27, 2024 5:12 PM

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Forex market: Rupee ends at Rs 84.45 against the US dollar

In the Forex market, the rupee today ended 12 paise lower to settle at 84 rupees and 45 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 106.45 in intra-day trade.

November 26, 2024 6:31 PM November 26, 2024 6:31 PM

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Most Asian markets end in red

  Four out of five major Asian indices ended in negative territory today. Japan's Nikkei shed over 0.8 percent, South Korea's Kospi slipped over half percent, Singapore's Straits Times index fell half percent, and China's Shanghai Composite Index lost 0.12 percent.  Meanwhile, Hong Kong's Hang Seng ...

November 26, 2024 6:28 PM November 26, 2024 6:28 PM

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Rupee settles at 84.33 against dollar

In the Forex market, the rupee today ended five paise lower to settle at 84 rupees and 33 paise against the US dollar, as the greenback strengthened following US President-elect Donald Trump's announcement to levy a 25 percent tariff on all products coming from Canada and Mexico and an additional 10...

November 26, 2024 5:01 PM November 26, 2024 5:01 PM

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Market closes with marginal loss

Domestic benchmark equity indices today ended with marginal losses, snapping their two-day winning streak. The 30-share BSE Sensex dropped 106 points, or 0.13 percent, to close at 80,004, while the NSE Nifty50 slipped 27 points, or 0.11 percent, to settle at 24,194. Meanwhile, the broader market at ...