Indian rupee crosses 93 against US dollar for 1st time

Rupee opens 1 pc higher against US dollar on RBI measures

The Indian rupee strengthened by over 1% in early trade after the Reserve Bank of India imposed limits on banks' net open positions in the forex market to curb speculation. The rupee rose to 93.59 per US dollar, supported by expectations of reduced dollar demand due to these restrictions. 5 days ago
The Nifty dropped 775.65 points, or 3.26 per cent, to close at 23,002.15, while the Sensex fell 2,496.89 points, or 3.26 per cent, to settle at 74,207.24.

Sensex, Nifty log fifth weekly fall as tensions rise

Market sentiment remained volatile due to the ongoing US–Iran tensions and concerns over global energy supply, with crude prices staying elevated. Banking stocks underperformed, while IT and pharma sectors showed slight gains. Broader markets also declined in line with benchmark indices. 7 days ago
Gold, silver surge up to 6 pc amid fresh West Asia developments

Gold Climbs Over 5% Amid Middle East Tensions and Falling Oil Prices

Gold prices rose 5.77% over the week, supported by geopolitical tensions and a pullback in crude oil prices. MCX April gold futures closed at Rs 1,44,500 per 10 grams, while silver futures stood at Rs 2,27,750 per kg. Spot gold opened the week at Rs 1,35,141 and reached Rs 1,42,942 by Friday. 7 days ago