Saurabh Mall
The domestic currency found support on the back of a positive start in equity markets and visible intervention by the central bank, forex traders said. The combined effect helped steady the unit after recent swings, keeping volatility in check during early trade. Equity boost calms currency moves Local stocks opened higher, which often reduces demand … Read more
Market snapshot: IT, banking and auto lift Sensex names Shares of several big-cap companies climbed as markets saw a fresh burst of buying interest. From the Sensex pack, Tech Mahindra, Infosys, HCL Technologies, Tata Consultancy Services, HDFC Bank and Maruti were among the biggest gainers, helping cushion broader market moves. Who led the rally Tech … Read more
The domestic currency gained ground in the latest session after a positive start on the stock market and visible support from the central bank, traders in the foreign exchange market said. Both a risk-on mood in equities and intervention by the Reserve Bank helped steady the unit. Key drivers behind the move Equity market opening: … Read more
A sudden break in the rupee’s trading range forces a reset in how market participants think about near-term support and resistance. That rethink, combined with questions about how the central bank will respond, tends to keep price action choppy until a new equilibrium emerges. Why a break matters for the rupee When the currency slips … Read more
Gold on track for its strongest year in nearly 50 years HSBC says gold is heading for its strongest annual performance in almost five decades, with the metal up about 54% year-to-date. The bank called this rise “one of its most successful years,” a rare run that has drawn wide investor attention. What the numbers … Read more
Traders see central bank stepping in to steady South Asian currency Market participants say the central bank likely intervened in both the spot and non-deliverable forwards (NDF) markets to support the South Asian currency after recent volatility. The move appears aimed at calming currency swings and restoring confidence among importers, exporters and foreign investors. What … Read more
Dollar Near Six-Month High After Stronger-Than-Expected Job Data The U.S. dollar climbed to a near six-month high on Friday after signs that job growth in September picked up. The stronger labor reading raised the odds that the Federal Reserve will delay cutting interest rates in December, keeping U.S. yields relatively attractive and supporting the currency. … Read more
Gold has surged more than 50% year-to-date, even after a recent pullback from a record high. The metal is now on track for its strongest annual gain in decades — its best performance since 1979 — as investors weigh inflation, central bank moves and geopolitical uncertainty. What’s happened to gold prices After climbing to fresh … Read more
Silver exchange-traded products show rapid rise Holdings in silver exchange-traded products in India have recorded an annualised growth rate of 200% CAGR since 2022. That steep pace signals a fast-growing appetite for silver exposure through the stock exchange, rather than traditional routes like physical bars or jewellery. Why investors are moving into silver ETFs Easy … Read more
The Indian currency slid sharply as forex analysts pointed to a wave of selling in global IT stocks and growing uncertainty around the proposed India‑U.S. trade deal. Market participants say the combination of a risk‑off mood and unclear trade talks pushed investors toward the dollar, putting pressure on the rupee. Why the rupee weakened Massive … Read more