Markets

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Rupee rises 35 paise to 71.11 against US dollar

At the interbank forex market, the rupee opened higher at 71.12 and rose further to quote at 71.11, showing a rise of 35 paise over its previous close of 71.46 against the dollar on Tuesday.

Nov 22, 2018

Sensex opens on positive note; Nifty below 10,700

The Sensex of the BSE opened at 35,492.62 and touched a high of 35,492.25 and a low of 35,336.77.

Nov 21, 2018

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Gold prices fall for third straight day on muted demand

Globally, gold shed 0.05 per cent to $1,221.50 an ounce, while silver held steady at $14.40 an ounce in Singapore.

Nov 21, 2018

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Asia stocks drop, oil stymied as growth woes grip global markets

The dollar stood tall, rallying from a two-week low, as the currency found safe-haven demand from heightened risk aversion.

Nov 21, 2018

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Sensex rises over 150 points ahead of RBI board meet

Major gainers were Yes Bank, Infosys, M&M, Hero MotoCorp, RIL, HDFC Bank, HDFC, Sun Pharma, Maruti Suzuki, Tata Steel, Wipro, L&T, Vedanta, TCS, ICICI Bank, Coal India, ITC, PowerGrid, HUL and Bajaj Auto.

Nov 19, 2018

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Oil prices, foreign fund flows to set course of equity indices

"Investors will continue to watch the movement of rupee, crude oil prices and foreign fund flows," said SMC Investments & Advisors Chairman and Managing Director D.K. Aggarwal.

Nov 18, 2018

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Uncertain week ahead as domestic, global uncertainties persist

The week ahead is expected to see much caution as RBI board meeting promises some fireworks over government's differences with Urjit Patel

Nov 18, 2018

Sebi mulls steps to cut commodities trading costs

The key regulator of the country's commodities futures markets is holding discussions with stakeholders to reduce the high cost of trading.

Nov 18, 2018

Australia takes India to WTO over bitter sugar dispute

Canberra says it took up the matter of sugar subsidies with Indian officials but failed to get a favourable response following which it is approaching WTO

Nov 18, 2018

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Gold falls on muted demand; silver steady amid appreciating rupee

Traders said fall in demand from local jewellers as well as retailers largely dragged down gold prices, but a firm trend overseas, capped the fall.

Nov 16, 2018

Ashok Leyland stock turmoil seen only in the short term

Ashok Leyland shares fell 10 percent after its CEO's exit and Q2 profits' failure to meet estimates. But analysts feel the turmoil will be for short term.

Nov 15, 2018

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Gold sheds Rs 150, silver holds steady amid weak global cues

Traders said sentiment was downbeat as the precious metals weakened in global market. Also, fading demand from local jewellers as well as retailers at the domestic spot market weighed on the prices.

Nov 14, 2018

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Sensex up 46 points in choppy trade on better macro data

Major gainers include, Asian Paints, Coal India, Axis Bank, Adani Port, Vedanta, PowerGrid, TCS, Tata Steel and ONGC, rising up to 1.14 per cent.

Nov 13, 2018

Oil helps European stocks rise while tobacco goes up in smoke

European shares bounced back on Monday thanks to strong oil stocks, while tobacco firms were dented by new signs of regulators tightening the screws on menthol cigarettes.

Nov 12, 2018