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Rupee has extended its downward momentum on Wednesday, falling 9 paise to hit its lowest level of 90.05 against US dollar in early trade. This comes after the currency had already recorded a dip of 42 paise to close at 89.95 against the US dollar, on Tuesday.According to VK Vijayakumar, chief investment strategist at Geojit…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied in trade on Thursday with the broader index hitting a lifetime high. While Nifty50 was above 26,250, BSE Sensex was up over 250 points. Nifty50 crossed its lifetime high of 26,277 hit last year in September to…
Analysts anticipate cautious market sentiment until the GDP data release on Friday. (AI image) Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Nifty’s attempt to break the 2024 September high and set a new record is facing resistance particularly from resumption of big FII selling which touched Rs 4171 crores in the cash…
Market experts anticipate stability this week, supported by value buying, positive Q3 demand outlook and steady investment flows. (AI image) Stock market today: Nifty50 and BSE Sensex the Indian equity benchmark indices, opened in green on Monday on positive global cues. While Nifty50 was above 26,100, BSE Sensex was up around 100 points. At 9:16…
Commerce Ministry has said that India stands to benefit from the US decision to withdraw reciprocal tariffs on select agricultural products. (AI image) After imposing sweeping tariffs, the Donald Trump administration has softened its stance as prices of basic commodities have gone up in the US. Last week Trump announced that he will be doing…
Oil market participants are intently monitoring India’s immediate and long-term acquisitions of crude oil. (AI image) As US President Donald Trump’s sanctions on Russian oil firms come into effect later this week, Indian refineries are already looking at the Middle-East for their crude oil supply. An increase in oil tanker bookings for Middle East-India routes…
Market experts anticipate a steady upward trajectory, whilst maintaining caution as global economic data emerges. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was near 26,100, BSE Sensex was up over 150 points. At 9:18 AM, Nifty50 was trading at 26,095.80, up…
US President Donald Trump has imposed 50% tariffs on India’s exports to the US. (AI image) India and the US may soon agree on a trade deal, a senior Donald Trump administration official has said. However, Kevin Hassett who is the National Economic Council Director under the Trump administration has noted that the situation is…
India and the US are finally close to locking in on a trade deal, sealing a pact which will address both the reciprocal and oil tariffs . A government official told PTI on Monday that discussions are going on to close on a package which will include issues such as America’s market access to the…
Market experts maintain a positive outlook for Indian equities, supported by declining retail inflation and favourable corporate earnings results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Monday. While Nifty50 was above 25,900, BSE Sensex crossed 84,600. At 9:16 AM, Nifty50 was trading at…
