Market sentiment brightens as shutdown fears ease Traders say growing optimism that the U.S. government shutdown will be resolved, together with rising expectations that the Federal Reserve will cut interest rates, has helped lift market sentiment. The combination of reduced political uncertainty and the prospect of easier monetary policy is giving investors more confidence. Why … Read more
Market movers: notable laggards to watch Several large-cap stocks underperformed in recent trading, with investors keeping a close eye on share-price action. Among the day’s laggards were: Bharat Electronics Ltd Hindustan Unilever Maruti Suzuki India Asian Paints ITC Sun Pharmaceuticals Trent Ltd What this means for investors When well-known large-cap names weaken together, it often … Read more
Brent Crude Edges Lower Brent crude, the global benchmark for oil, was trading 0.26% lower at $65 per barrel in futures trade. The small decline reflects a cautious market as traders weigh mixed signals about supply and demand. Market Context Supply factors: Global production decisions, spare capacity and shipping flows continue to influence sentiment. Demand … Read more
Markets finish higher The 30-share Sensex closed higher, gaining 319.07 points (0.38%) to finish at 83,535.35. The broader Nifty ended up as well, rising 82.05 points (0.32%) to settle at 25,574.35. Snapshot at close Sensex: 83,535.35 (+319.07 / +0.38%) Nifty: 25,574.35 (+82.05 / +0.32%) What drove the move The session reflected steady, broad-based buying in … Read more
Rupee trades in a narrow band against the dollar At the interbank foreign exchange market, the rupee opened at 88.64 against the US dollar. During the session it touched an intraday high of 88.64 and an intraday low of 88.71, reflecting a modest intraday swing. What the numbers indicate The movement — a range of … Read more
Listing Day Sees Sharp Swings on the BSE The stock opened trading on the BSE at ₹390, registering a 2.98% decline from its issue price. Early action was marked by notable volatility as investors digested the fresh listing. Intraday Movement: Plunge and Recovery After the opening, the share price fell further, plunging 11.52% to hit … Read more
Benchmarks Close Higher The domestic market advanced as benchmark indices ended the session on a firm note: Sensex climbed to 83,484.02 while Nifty advanced to 25,577.20. The move reflected broad-based buying across key segments of the market. Market Snapshot Sensex: 83,484.02 Nifty: 25,577.20 Trend: Positive close with participation from multiple sectors What Investors Should Know … Read more
Dollar nudges higher, reaches 99.68 The dollar index, which measures the greenback against a basket of six major currencies, rose 0.08% to 99.68. The move was modest but signals a slightly firmer tone for the U.S. currency in global foreign-exchange markets. What likely pushed the dollar up Shifts in risk sentiment and demand for safe-haven … Read more
Bharti Airtel stock slips after Singtel sells 0.8% stake Shares of Bharti Airtel fell sharply, dropping about 4.46% on the Sensex after Singapore Telecommunications (Singtel) announced the sale of roughly 0.8% of the company. The stake was divested for around ₹10,353 crore (about SGD 1.5 billion). What the transaction involved Seller: Singtel Stake sold: ~0.8% … Read more
The Indian rupee slipped as traders pointed to intense selling in domestic equity markets and a rise in crude oil prices overseas. Forex participants said these twin pressures have weighed on the currency, prompting investors to reassess short-term positions. What pushed the rupee lower Two main forces are at work. First, heavy selling in equities … Read more