Sensex rallies as blue-chips lead the charge The benchmark Sensex moved higher in today’s trading session, with several large-cap stocks posting notable gains. Technology, consumer goods and pharmaceutical names were among the top performers, reflecting a broad-based pickup in investor appetite. Top gainers from the Sensex pack HCL Tech Infosys Tata Consultancy Services (TCS) Hindustan … Read more
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Rupee Inches Higher in Early Interbank Trade The rupee opened at 88.57 on the interbank foreign exchange market and strengthened further to trade at 88.51. Quick market snapshot Opening level: 88.57 Later trade: 88.51 Move: strengthened by 6 paise, roughly 0.07% What this means The change is modest but shows a slight appreciation of the … Read more
Sensex sees broad weakness as several large-cap names lag Shares of key Sensex firms slipped, with Tech Mahindra, Infosys, Bajaj Finance, Bajaj Finserv, Eternal, Adani Ports, Hindustan Unilever and Bharat Electronics emerging as the major laggards. The dip reflects selective selling in both tech and financials, along with pressure in consumer and infrastructure-linked stocks. Who … Read more
Rupee Holds Ground as Foreign Funds and Weak Dollar Provide Support The Indian currency showed resilience recently, helped by a mix of steady foreign fund inflows, a softer greenback and lower crude oil prices. These factors combined to ease downward pressure and stabilise the rupee against major currencies. Key drivers behind the stability Foreign fund … Read more
The Indian rupee remained under pressure despite a set of factors that would normally help the currency. Forex analysts said a weaker US dollar, softer crude oil prices and some inflows of foreign capital into domestic equities were not enough to steady the rupee. Why the expected support didn’t materialise Several market dynamics can blunt … Read more
Asian markets slide as major indexes trade sharply lower Stocks across Asia fell sharply, with South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite, and Hong Kong’s Hang Seng all trading notably lower. The move reflected broad risk-off sentiment among investors. Market snapshot Kospi: Heavy selling weighed on equities, led by technology and export-related names. … Read more
Sensex Extends Winning Run to Six Days The 30-share BSE Sensex continued its upward trajectory for the sixth straight session, rising 388.17 points or 0.46% to close at 84,950.95. Market Snapshot The sustained climb reflects steady buying interest and improving investor sentiment. The index’s sixth consecutive gain underlines a period of momentum that market participants … Read more
Market snapshot The Indian rupee opened the day at 88.70 against the US dollar in the interbank foreign exchange market. During the session it strengthened to an intra-day high of 88.56 before slipping to a low of 88.73. What the numbers show The currency traded in a narrow range, reflecting modest intraday volatility. An intra-day … Read more
Shares in Japan’s retail and property-linked names slipped as investors reacted to shifting consumer patterns and intense competition from discount retailers. Sharp drops for department store and nearby property Takashimaya, a long-standing department store group, saw its stock fall about 6% on the latest trading session. Nearby Pan Pacific — located close to the popular … Read more