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Currencies

Currency Market Summary: Rupee slips 10 paise to 85.48 vs dollar

  Rupee weakened by 10 paise to close at 85.48 (provisional) against the US dollar on Thursday, pressured by a strengthening dollar overseas and a rise in global crude oil prices. Forex traders noted that gains in the domestic equity markets and foreign capital inflows helped limit the local currency's fall. At the interbank foreign exchange market, the rupee opened at 85.56 and traded between an intra-day low of 85.62 and a high of 85.40 before settling at 85.48, marking a 10 paise decline from Wednesday’s close of 85.38. Anuj...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty dips below 24,850; Ultratech stocks down over 2%

Sensex Today | Stock Market LIVE Updates: The Nifty closed just at the 25,000 mark and would look to build on to those gains. Global cues are relatively absent as Wall Street remained shut on Monday on account of Memorial Day.Sensex Today | Stock Market LIVE Updates: The Indian markets opened on Tuesday, May 27, on a relatively flat note, with a minor decline.The Nifty 50 index opened in red, falling below the 25,000 mark again, slumping to 24,956.65 at the start of the day's trade. The Sensex also opened below...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty dips again, falls below 25,000; Schneider Electric up 9%

Sensex Today | Stock Market LIVE Updates: The Nifty closed just at the 25,000 mark and would look to build on to those gains. Global cues are relatively absent as Wall Street remained shut on Monday on account of Memorial Day.Sensex Today | Stock Market LIVE Updates: The Indian markets opened on Tuesday, May 27, on a relatively flat note, with a minor decline.The Nifty 50 index opened in red, falling below the 25,000 mark again, slumping to 24,956.65 at the start of the day's trade. The Sensex also opened below...
Stock Market

Sensex Today | Stock Market Highlights: Nifty closes above 25,000; Sensex closes with gains of 450 points

Ashish Kyal, Waves Strategy AdvisorsMarketIf you look at the overall, broader market, I think Nifty Bank has consolidated since it formed a high around 23rd April, and then from there onwards, for almost a month, it has been consolidating in a range, which is more like a time correction rather than a price correction. Prior to that, we saw a spectacular rise from 49,000-odd levels to 56,000 that was a very sharp move in just five days of time and a one-month correction. And that’s a very healthy sign, because...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty 50 move closer to 24,850, Centum Electronics shares jump 13%

Sensex Today | Stock Market LIVE Updates: The Indian indices started the day's trade on Friday on a cautious note. The Nifty index opened at 24,639.50, higher than the previous day's closing. The Sensex opened slightly lower.Sensex Today | Stock Market LIVE Updates:  The Indian markets are soaring to new heights; with the progress of the day, the marquee indices are trading in green with major gains. The Nifty 50 is up by 200 points. The Sensex jumped 888.14 points.The Indian indices started the day's trade on Friday on a cautious...
Currencies

Currency Market News: Rupee falls 37 paise to close at 85.96 vs US dollar

Rupee depreciated by 37 paise to close at 85.96 (provisional) against the US dollar on Thursday, pressured by strong dollar demand from importers and foreign banks, along with a surge in crude oil prices. Forex traders highlighted that surging US bond yields are unsettling global investors. "Moreover, the narrowing yield differential between India and the US is making Indian assets less attractive," they noted. Elevated crude oil prices, driven by rising geopolitical tensions in the Middle East, further dampened investor sentiment. At the interbank foreign exchange market, the rupee opened...
Stock Market

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 19

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday, tracking weakness in global markets.The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 25,060 level, a discount of nearly 18 points from the Nifty futures’ previous close.On Friday, the Indian stock market indices ended marginally lower on the back of profit-booking at higher levels.The Sensex fell 200.15 points, or 0.24%, to close at 82,330.59, while the Nifty 50 settled 42.30 points,...
Stock Market

Sensex Today | Stock Market Highlights: Nifty crosses 25,000 for first time since October 17

Stock Market Highlights: An important session lies ahead for Dalal Street as the market aims to rebalance Monday's record-breaking surge. After a sharp fall on Tuesday, the indices saw some consolidation on Wednesday. The dip came, but was bought into. The Nifty eventually ended higher, above the mark of 24,650, yet again managing to defend levels of 24,550 on the downside. Today is also an important session as it is the weekly options expiry for the Nifty 50 contracts. Watch this space for all the live updates.Stock Market Highlights: The...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty in red again, slumps below 24,650; Persistent shares down 2.5%

Stock Market LIVE Updates: An important session lies ahead for Dalal Street as the market aims to rebalance Monday's record-breaking surge. After a sharp fall on Tuesday, the indices saw some consolidation on Wednesday. The dip came, but was bought into. The Nifty eventually ended higher, above the mark of 24,650, yet again managing to defend levels of 24,550 on the downside. Today is also an important session as it is the weekly options expiry for the Nifty 50 contracts. Watch this space for all the live updates.Stock Market LIVE...
Stock Market

Sensex Today | Stock Market LIVE Updates: Nifty falls towards 24,600 levels; Muthoot Finance shares drop 4% post results

Stock Market LIVE Updates: An important session lies ahead for Dalal Street as the market aims to rebalance Monday's record-breaking surge. After a sharp fall on Tuesday, the indices saw some consolidation on Wednesday. The dip came, but was bought into. The Nifty eventually ended higher, above the mark of 24,650, yet again managing to defend levels of 24,550 on the downside. Today is also an important session as it is the weekly options expiry for the Nifty 50 contracts. Watch this space for all the live updates.Stock Market LIVE...
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