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Currencies

Rupee ends sharply lower as US Prez Trump’s tariff threats weigh on EM currencies

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...
Stock Market

Sensex, Nifty 50 end with modest gains— 10 key highlights from Indian stock market today

Indian stock market benchmarks, the Sensex and the Nifty 50, ended with modest gains on Wednesday, June 11, amid largely positive global cues. The Sensex closed 123 points, or 0.15 per cent, higher at 82,515.14, while the Nifty 50 settled with a gain of 37 points, or 0.15 per cent, at 25,141.40.Mid and small-cap segments ended mixed. The BSE Midcap slipped 0.12 per cent, while the BSE Smallcap index rose 0.06 per cent.Indian stock market: 10 key highlights from the day1. Why did the Indian stock market end lacklustre today?Indian...
Stock Market

Sensex Today | Stock Market Live Updates: Nifty trades between 24,550-24,600 levels; Garden Reach shares rise 5%

Market Watch: Manish Jain, Head-Fund Management, CentrumOn Nifty from a medium-term perspective, by the end of this calendar year, I’m still very optimistic that you will see closer to 27,000-28,000 levels of Nifty, which is assuming that the P/E multiples continue to remain constant at around 21 times or thereabouts. So you will see markets rallying on the back of earnings growth. I’m fairly optimistic that you will see an acceleration of earnings growth standing where you are today, going into the Q1, I will be very surprised if Nifty...
Stock Market

Sensex Today | Stock Market Live Updates: Nifty 50 trades below 24,700; Hindalco shares up 5%

Stock Market Live Updates: Another important day beckons for the Indian equities today as despite being stuck in a range, the Nifty has been giving opportunities to trade on both sides of the spectrum. The first half of Monday's trading session saw the Nifty react adversely to global cues and fall to the lows of the day with declines of over 200 points. It is then that the bulls stepped in a lead a recovery from the lows, as has been the case over the last month. The Nifty has...
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