Stock markets fall in early trade dragged by weak global peers

Stock markets fall in early trade dragged by weak global peers

Foreign Funds Return to Indian Stocks with ₹283.65 Crore Purchase Foreign institutional investors (FIIs) bought equities worth ₹283.65 crore on Thursday (November 20), exchange data shows. The inflow signals renewed foreign interest in the domestic equity market for that session. What the Purchase Means Market sentiment: FII buying often supports positive market sentiment and can … Read more

Adani sells remaining 7% stake in AWL in block deal

Adani sells remaining 7% stake in AWL in block deal

Adani Group trims stake in AWL to limit exposure Earlier this week, the Adani Group sold a 13% stake in AWL, bringing its direct exposure in the company down to 7%. The move reduces the conglomerate’s holding and reshapes the ownership profile of the listed firm. What happened The group disposed of a sizeable portion … Read more

Rupee falls 23 paise to close at 88.71 against U.S. dollar

Rupee falls 23 paise to close at 88.71 against U.S. dollar

Rupee closes at 88.71 against the US dollar The rupee finally settled for the day at 88.71 (provisional) against the greenback, slipping 23 paise from its previous close. The move reflects continued sensitivity in currency markets as investors weigh global and domestic developments. What this means At 88.71, the rupee is marginally weaker, which can … Read more

Rupee falls 18 paise to 88.66 against U.S. dollar in early trade

Rupee falls 18 paise to 88.66 against U.S. dollar in early trade

Brent crude futures edged up, trading 0.28% higher at $63.69 per barrel. The modest gain reflects a market balancing supply signals and demand expectations as traders weigh economic data and geopolitical developments. Market snapshot The small uptick in Brent suggests cautious optimism among oil traders. Futures movements often respond quickly to shifts in global growth … Read more

Rupee settles with 2 paise gain at 88.58 against U.S. dollar

Rupee settles with 2 paise gain at 88.58 against U.S. dollar

Dollar index edges up, trading at 99.63 The dollar index, which measures the greenback’s strength against a basket of six currencies, ticked 0.18% higher and was trading at 99.63. The move signals a modest uptick in demand for the U.S. dollar during the latest session. Why this matters Global trade: A stronger dollar often makes … Read more

Stock markets rebound on buying in IT counter; Sensex jumps over 513 points

Stock markets rebound on buying in IT counter; Sensex jumps over 513 points

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

Rupee rises 9 paise to 88.51 against U.S. dollar in early trade

Rupee rises 9 paise to 88.51 against U.S. dollar in early trade

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