The dollar index was trading 0.07% higher at 98.65, a modest move that signals a largely steady US currency in global markets. While the shift is small, it can still influence trade flows, commodity prices and investor sentiment across asset classes. What the dollar index measures The dollar index tracks the value of the US … Read more
The benchmark indices slipped as selling pressure returned to the market. The Sensex declined to 84,909.30, while the Nifty eased to 26,128.90. The drop reflects a cautious mood among investors after a period of gains, with several factors likely contributing to the pullback. What may have driven the decline Global cues: Weakness in international markets … Read more
Brent crude fell 1.05% to trade at $60.06 per barrel, a modest retreat that highlights the tug-of-war between supply-side discipline and demand worries in global energy markets. The move underscores how sensitive oil prices remain to economic signals, policy decisions and short-term market sentiment. Market snapshot The drop to about $60 a barrel comes after … Read more
The January 2025 circular introduces a specific timing framework for how purely educational institutes may receive and use certain datasets. Under the new rules, these institutes can hold data with a one-day lag but may only put it to active use after a three-month lag. That layered approach creates both opportunities and clear obligations for … Read more
Dollar slips after weaker-than-expected ISM Manufacturing PMI The dollar index traded 0.06% lower at 98.21 following the release of the U.S. ISM Manufacturing PMI, which came in below market expectations. The move was modest but notable, reflecting how sensitive currency markets are to economic data that signal changes in growth and inflation dynamics. What the … Read more
Market snapshot: notable laggards surface Markets saw pressure during the session, with a handful of large-cap names among the day’s underperformers. Reliance Industries, Tata Motors Passenger Vehicles, Eternal, HDFC Bank, and Adani Ports stood out as notable laggards, weighing on broader sentiment. Why these stocks underperformed There isn’t a single reason for the weakness. Often, … Read more
The rupee’s modest gains were capped this week as a mix of global and domestic factors kept traders cautious. U.S. President Donald Trump’s comments about possible tariffs on India, continued foreign institutional investor (FII) outflows, and sustained weak sentiment in domestic equity markets all contributed to limiting sharper appreciation in the currency, forex traders said. … Read more
Rupee steadies as opposing forces tug at currency The Indian rupee managed to hold its ground on January 2 despite a firmer U.S. dollar, helped by weakness in crude oil and renewed foreign investor buying. While safe-haven demand pushed the U.S. dollar index higher, lower oil prices and fresh inflows from foreign institutional investors provided … Read more
Indian shares see selective gains as large-cap names lead advances Shares of some major Indian companies rose as investors rotated into stocks perceived to have clearer near-term catalysts. Bharat Electronics, Hindustan Unilever, Tata Steel and UltraTech Cement were among the gainers, lifting sentiment across their respective sectors. What drove the gains? The moves in these … Read more
Silver climbs after record year, ends day near $75 an ounce Spot silver rose 3.9% to $75.46 per ounce, rebounding after briefly touching an all-time high of $83.62 on December 29. The metal capped what analysts are calling its strongest year on record, finishing up an astonishing 147% for the year. What drove the historic … Read more