Saurabh Mall
Benchmark indices end slightly lower Indian markets closed mixed, with the benchmark indices slipping modestly as traders adopted a cautious stance. The 30-share Sensex fell 31.46 points (0.04%) to settle at 85,106.81, while the 50-share Nifty slipped 46.20 points (0.18%) to close at 25,986. Market snapshot Sensex close: 85,106.81 (down 31.46 points, -0.04%) Nifty close: … Read more
Purchases from January through October were lower than during the same period in each of the past three years, signaling a notable pullback in consumer activity that businesses and investors should watch closely. What the slowdown means for the market A sustained dip in purchases over ten months can affect several parts of the economy. … Read more
Official Says Rupee Slide Has Not Raised Inflation or Hit Exports A senior government official told delegates at a CII event that the recent slide in the rupee has not translated into higher inflation or weaker export performance. The comment came on the sidelines of the gathering, where business leaders and policymakers discussed economic resilience … Read more
Rupee slips as trade-deal uncertainty and muted RBI action weigh Foreign exchange traders say the Indian rupee is coming under renewed pressure as doubts over an India‑U.S. trade agreement persist and the central bank appears reluctant to step in to halt the slide. The combination has left the local currency more vulnerable to market moves. … Read more
The Indian rupee slipped to a record intra-day low of 90.15 against the US dollar before recovering some ground to trade around 90.02. The move highlights renewed volatility in currency markets and raises fresh questions for businesses and investors tracking exchange-rate risk. What happened in the market Early trading saw the rupee weaken sharply, briefly … Read more
The Indian rupee has been under pressure recently as foreign portfolio investors (FPIs) continue to pull money out and uncertainty over a US trade agreement dampens risk appetite. These twin forces are keeping the currency on the back foot, pushing traders and policymakers to watch flows and headlines closely. Why the rupee is slipping Persistent … Read more
The Indian rupee slipped to 90.13 per US dollar in the latest session, moving past its previous record low of 89.9475 hit on Tuesday. The breach of the 90 mark adds pressure on markets and raises fresh questions about short-term currency stability. What pushed the rupee lower? There is no single cause, but several factors … Read more
Domestic indices slip as foreign funds stay on the sidelines Benchmark equity indices fell for the fourth straight session as persistent foreign fund outflows and investor profit-taking weighed on sentiment. The sustained selling pressure erased recent gains and left markets looking cautious in the near term. Why markets turned lower Foreign fund outflows: Overseas investors … Read more
The Indian rupee closed at a record low of 89.87 against the US dollar, extending a slide that has caught the attention of importers, exporters and policy makers. The move reflects a mix of global and domestic pressures that are reshaping currency markets. Why the rupee slipped to a record low The rupee’s weakness stems … Read more
Silver ticks higher, nudging past recent peak Silver rose as much as 0.8% to trade at $58.9471 an ounce, climbing above a previous high of $58.84 set two days earlier. The move continues a short-term upward trend in the precious metals space. Price move at a glance Latest price: $58.9471 per ounce. Intraday gain: about … Read more