Rupee slips to near record closing low On Monday, November 3, the rupee fell for the third consecutive session, ending 7 paise weaker at 88.77 against the US dollar. That closing level left the currency close to its all‑time closing low. Market snapshot Date: Monday, November 3 Move: Down 7 paise Closing rate: 88.77 per … Read more
Stocks Boost Currency as Markets Close Higher Forex traders said domestic equities ended the session on a positive note, which helped support the domestic unit after it had weakened earlier in the day. A stronger close in the stock market often calms currency pressure by attracting investment flows and lifting investor confidence. Why equities matter … Read more
Markets Held Steady as Profit-Taking Tempered Gains Stock markets traded in a tight range as investors booked profits after recent gains. With no fresh domestic catalysts to propel buying and continuing foreign fund outflows, market movement remained subdued, analysts said. Key reasons behind the rangebound action Profit-taking at higher levels: Traders locked in gains after … Read more
Market caps climb as two stocks drive gains Equity markets saw notable movement in market valuations, with two major firms posting strong increases in their market capitalisation. These shifts reflect renewed buying interest in large-cap stocks and contributed meaningfully to overall market momentum. Reliance Industries posts a hefty jump Increase: ₹47,431.32 crore New market valuation: … Read more