IBT Business Desk

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Rupee up 26 paise at open as RBI support boosts sentiment

Rupee opens lower as FII outflows continue

The rupee opened weaker at 90.41 against the US dollar, compared to its previous close of 90.19. This decline came just a day after the rupee breached the psychologically important 90 mark for the first time on December 3, when it hit a new all-time low. Dec 4, 2025
Sensex, Nifty open lower amid weak global cues

Sensex, Nifty open lower amid weak global cues

The sustained depreciation has been fuelled by steady foreign investor selling, firm demand for the dollar, and lingering uncertainty surrounding India's trade negotiations with the US. Against this backdrop, the benchmark Sensex began the day at 84,958, down 148 points or 0.17 per cent. The Nifty opened at 25,953, slipping 33 points or 0.13 per cent. Dec 4, 2025
Rupee up 26 paise at open as RBI support boosts sentiment

'Govt not losing sleep': CEA Nageswaran allays fears over depreciation in rupee

The rupee has depreciated about 5 per cent against the US dollar in 2025 in the wake of global economic uncertainties triggered by the US tariff hike on India's exports. The RBI has been intervening to prop the rupee against excessive volatility by selling US dollars in the market, but this cannot be done beyond a point due to the forex constraints. Dec 3, 2025
Sensex, Nifty end lower amid volatile trade

Sensex, Nifty settle lower amid weakening rupee, FII outflow

Sensex closed at 85,106.81, down 31.46 points. Sensex started the session flat at 85,150.64 against last day's closing of 85,138.27. The 30-share index remained volatile during the trading hours amid selling in auto and FMCG heavyweights and buying in IT and banking stocks. The index touched an intraday high at 85,269.68 and a low at 84,763.64. Dec 3, 2025
Gold, silver see strong upswing; Fed decision in focus

MCX gold surges as global markets support rally

Silver also started strong, rising 1.21 per cent to Rs 1,83,799 per kg from Tuesday's close of Rs 1,81,601. During early trade, gold was trading even higher at Rs 1,30,641, up Rs 882 or 0.68 per cent, while silver climbed to Rs 1,84,153 per kg, gaining Rs 2,552 or 1.41 per cent. Dec 3, 2025
Sensex, Nifty open flat as IT and pharma gain

Sensex, Nifty open flat as IT and pharma gain

The Sensex inched up by just 12 points to 85,151, while the Nifty slipped 18 points to 26,014.The Nifty MidCap index managed to rise 0.02 per cent, while the Nifty SmallCap index gained 0.08 per cent after erasing early losses. Dec 3, 2025
No proposal for merger or disinvestment of public sector banks: Govt

No proposal for merger or disinvestment of public sector banks: Govt

Reports were claiming that the government is working on a PSB consolidation blueprint that could reduce the number of state-owned lenders from 12 to just four in FY27. The proposal reportedly planned to strengthen balance sheets, improve operational efficiency and create globally competitive banking institutions. Dec 2, 2025
Prada Group buys Versace in $1.37 billion deal

Prada Group buys Versace in $1.37 billion deal

The deal marks the end of Versace's ownership under Capri Holdings, the US-based luxury group that had controlled the brand through the post-pandemic years. Capri Holdings said the money received from the sale will be used to repay most of its debt, a step that will strengthen its financial position and improve its flexibility for future investments. Dec 2, 2025
Indian stock market settles lower amid profit booking, FII selling

Indian stock market settles lower amid profit booking, FII selling

Sensex settled at 85,138.27, down 503.63 points or 0.59 per cent. The 30-share index started the session lower at 85,325.51 against last session's closing of 85,641.90. The index declined further amid selling in banking, IT, and other heavyweights, touching an intra-day low at 85,053.0. Dec 2, 2025
Sensex, Nifty end lower over monthly Futures and Options expiry

Sensex, Nifty recover from early fall as profit booking keeps markets volatile

The Sensex was trading at around 85,508, down 134 points or 0.16 per cent, while the Nifty slipped 31 points or 0.12 per cent to 26,145. "The Nifty's positional trend remains bullish, with strong support at the 26000-26050 zone. On the higher side, 26300 could offer resistance on a closing basis," market watchers added. Dec 2, 2025
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Sensex, Nifty open at record high over strong Q2 GDP growth

As of 9.30 am, the Sensex advanced 291 points, or 0.34 per cent at 85,997 and the Nifty added 86 points, or 0.33 per cent to 26,289.The broadcap indices performed in line with the benchmarks, with the Nifty Midcap 100 up 0.28 per cent and the Nifty Smallcap 100 adding 0.58 per cent. Dec 1, 2025