Rupee Drifts Lower in Early Trade The Indian rupee opened the interbank foreign exchange market at 89.41 against the US dollar and slipped further to trade at 89.43 in initial deals, marking a decline of 7 paise from its previous close. Opening Numbers The modest fall during early hours shows cautious sentiment among currency traders … Read more
Sensex scales a fresh intraday peak, closes slightly lower The benchmark index hit an all-time high of 86,055.86 points during trading before settling at 85,720 points at the end of the session. The intraday peak reflects strong buying interest, while the close shows some profit-taking later in the day. Market snapshot Intraday high: 86,055.86 points … Read more
The Indian currency received a fresh dose of support this week, helped by foreign capital flowing into domestic equity markets and a decline in global crude oil prices, forex experts said. These two factors eased some pressure on the rupee and improved investor sentiment. What helped the rupee Foreign capital inflows: Overseas investors buying Indian … Read more
Markets hit record highs, end the day slightly up Both the benchmark indices scaled lifetime highs during the session before settling marginally higher as positive global cues lifted investor sentiment. The move was driven largely by growing hopes of a U.S. Federal Reserve rate cut and renewed foreign fund inflows. What moved the market Fed … Read more
Rupee slips as importers rush for dollars amid trade uncertainty The rupee declined after a rise in dollar buying by importers, driven by ongoing volatility in global trade. With supply chains and commodity prices swinging, companies that import goods are seeking dollars to meet payment obligations and protect themselves from further market shocks. Why importers … Read more
Markets rally as indices push into new territory The benchmark equity index marked a fresh record, while the larger index moved closer to its own peak, driven by a mix of global and domestic flows. Investor sentiment brightened after a key central bank decision in the U.S., and steady foreign fund inflows added momentum to … Read more
Market snapshot The 30-share BSE Sensex jumped 1,022.50 points or 1.21% to settle at 85,609.51 on the day. During trading, the index surged as much as 1,057.18 points — a gain of 1.24% — reaching an intraday high of 85,644.19. How the session unfolded Trading saw a strong upward move, with the index hitting its … Read more
Risk Aversion Rises as Foreign Funds Head for the Exit Foreign fund outflows and mounting concerns over geopolitical developments have dampened risk appetite across markets. With uncertainty on the rise, investors shifted toward safer assets, a trend noted by forex traders watching global flows closely. How markets responded Safe-haven currencies strengthened as traders sought stability, … Read more
The benchmark Sensex jumped 307.93 points to 84,894.94 in early trade, reflecting a modest gain of about 0.36%. The move suggested cautious optimism among market participants as trading began. Early market mood Buying activity in the first hour pushed the index higher, with investors appearing willing to pick up stocks after recent consolidation. The uptick … Read more
The 30-share BSE Sensex ended a choppy session lower, slipping 313.70 points (0.37%) to close at 84,587.01. Market sentiment turned cautious as volatility dominated trading, with most large-cap names finishing in the red. Session at a glance Sensex change: down 313.70 points (0.37%) Closing level: 84,587.01 Constituent performance: 24 stocks closed lower, 6 stocks gained … Read more