Markets

Chinese tech stocks tank over geopolitical risks, Covid lockdowns

Chinese tech stocks tank over Ukraine war risk, Covid lockdowns

Covid-19 lockdowns and China's position on the Ukraine conflict led to tech shares rout on Tuesday, slashing billions of dollars from the likes of Alibaba Group Holding and Tencent Holdings in Hong Kong, media reports said.

Mar 16, 2022

Sensex, Nifty open in green; Sensex, Nifty up over 1% each

At 9.54 a.m., Sensex was 1.4 per cent or 777 points up at 56,554 points, whereas Nifty 1.3 per cent or 220 points up at 16,883 points.

Mar 16, 2022

Govt on Cryptocurrency: No plans to introduce and Reserve Bank of India does not issue cryptocurrency

There is no plan to introduce a cryptocurrency and currently, it is unregulated in India, Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha in a written reply."Reserve Bank of India (RBI) does not issue cryptocurrency.

Mar 16, 2022

Sensex, Nifty a tad down in early trade

India's key equity indices -- Sensex and Nifty -- traded marginally lower in early session on Tuesday.

Mar 15, 2022

Sensex opens marginally high on Monday

India's key equity index, Sensex, extended its rally from the previous week and traded marginally higher during the early session on Monday.

Mar 14, 2022

First Covid and now Ukraine, global markets reel under blow after blow [details]

The Government of India and the RBI too will need to balance the growth-inflation paradox even as the fiscal math presented in the Feb'22 Union Budget comes under pressure in the ever-changing global macro backdrop.

Mar 13, 2022

India's foreign exchange reserves rose to over $631.920 billion

India's foreign exchange reserves rose by $394 million during the week ended March 4.

Mar 12, 2022

crude oil, UAE-based Indian national sanctioned by US for smuggling Iranian oil.

Oil price rises as UAE quashes hopes of plugging gap in Russian shortfall

Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia, BBC reported.

Mar 11, 2022

After poll results, market to shift focus back on geopolitics: Emkay

India's financial market will focus again on the evolution of the geopolitical shocks and policy responses after a strong political outcome for the BJP.

Mar 11, 2022

Sensex, Nifty indices extend gains; Sensex up nearly 300 pts

India's benchmark equity indices extended their gains from the previous session and increased in the opening session on Friday.

Mar 11, 2022

Sensex up over 1,200 pts, extend sharp gains

Sensex traded 2.3 per cent or 1,251 points up at 55,898 points, whereas Nifty 2.2 per cent or 361 points up at 16,706 points in the opening hour

Mar 10, 2022

Gold prices reach Rs. 55K per 10 gm amid Ukraine war, FII sell-off

Inflationary fears as well as Russia-Ukraine conflict pushed gold prices to Rs 55,000 per 10-gram on Tuesday.

Mar 9, 2022

Sensex, Nifty in green zone, above 525 and 131 pts on positive cues

At 11 a.m., it was trading at 53,949.55 or 525.46 (0.98%) and Nifty was trading at 16,144.65 or 131.20 (0.82%) above the previous closure

Mar 9, 2022

Sensex,Nifty extend losses as Russia-Ukraine war continues

India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous trading session and declined in early trade on Tuesday.

Mar 8, 2022

War triggers global inflation, Sensex plunges by 1,515 pts, Rupee reaches 77, Brent at all-time high of $130 per barrel

War triggers global inflation, Sensex opened 1,515 points down on Monday as Indian Rupee reached 77 per US dollar while Brent crude stood at an all-time high of $130 per barrel

Mar 7, 2022