The Indian rupee weakened sharply on Monday, falling alongside most emerging market (EM) currencies after US President Donald Trump threatened new reciprocal tariffs and penalties on countries aligned with BRICS.The rupee ended at 85.85 per US dollar, down 0.54% from Friday’s close of 85.39, after hitting an intraday low of 86.02. The dollar strengthened broadly after Trump unveiled a new tariff policy targeting countries he said are "aligning themselves with the Anti-American policies" of the BRICS group, prompting a selloff in emerging market currencies.In a social media post, Trump said...
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty and Sensex opened today's trade session little changed. Nifty 50 opened at 25,588.30, while Sensex opened at 83,790.72.Sensex Today | Stock Market LIVE Updates: Nifty 50 opened today's trade session 689.05 points away from its record high of 26,277.35.Overnight, Wall Street indices ended mixed. Asian markets edged lower in early trade today.All eyes are now on the India-US trade deal, which is likely in its final stages of negotiations. The US Treasury Secretary also said that trade deals are...
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,...