Shares in Japan’s retail and property-linked names slipped as investors reacted to shifting consumer patterns and intense competition from discount retailers. Sharp drops for department store and nearby property Takashimaya, a long-standing department store group, saw its stock fall about 6% on the latest trading session. Nearby Pan Pacific — located close to the popular … Read more
Dollar Index Edges Higher The dollar index, which tracks the greenback against a basket of six major currencies, was trading 0.15% higher at 99.35. This modest uptick signals a slightly firmer U.S. currency in global foreign exchange markets. What the Move Means A small rise in the dollar index can have broad, immediate effects across … Read more
Markets opened lower as the 30-share BSE Sensex slipped into the red, dropping 449.35 points (0.53%) to 84,029.32. The NSE Nifty mirrored the weakness, down 138.35 points (0.53%) at 25,740.80 in early trade. Early trading tone The initial weakness suggested cautious investor sentiment at the start of the session. Short-term profit-taking and a wait-and-watch mood … Read more
Political Mandate Boosts Market Sentiment, Helps Support Rupee Forex traders said a rebound in domestic equities following a sweeping mandate for the ruling alliance in the Bihar polls supported the rupee at lower levels. The strong electoral outcome appears to have eased political uncertainty and lifted investor confidence, helping the local currency find firmer footing … Read more
Sensex sees broad-based buying; select stocks lead gains The benchmark Sensex recorded an upbeat session with several heavyweight names posting gains. Buying interest was visible across banking, pharma, industrials and consumer sectors, helping benchmarks inch higher on the day. Top gainers among Sensex firms Eternal — emerged as one of the day’s notable gainers. Bharat … Read more
Moody’s Sees Strong Growth for India in 2025, Moderation Afterward Moody’s Ratings on November 13 projected India’s economy to expand by 7% in 2025, followed by a more moderate growth rate of 6.5% the following year. The forecast highlights continued momentum in domestic demand with an expected gradual easing after a peak year. What the … Read more
The Indian equity market ended the day largely unchanged, with the benchmark Sensex closing marginally higher and the broader Nifty holding steady. Trading remained cautious as investors weighed mixed domestic and global cues. Market snapshot Sensex (30-share): closed at 84,478.67, marginally up Nifty: closed almost flat at 25,879.15 Why the market was subdued The near-flat … Read more
Forex traders say the Indian rupee is trading in a tight range as two key forces have kept a sharp fall in check: an overnight drop in crude oil prices and renewed optimism over U.S.-India trade talks. These developments have provided a steady anchor for the currency, reducing volatility in the near term. What’s keeping … Read more
Subscription Update: QIBs Pick Up After Slow Start Qualified institutional buyers (QIBs) showed limited interest in the first two days but have since picked up pace. So far, QIBs have subscribed 1.63 times their allotted quota. Retail Response The portion set aside for retail individual investors has not been fully taken up yet. Retail subscriptions … Read more
Crude oil slips marginally on MCX Crude oil for December delivery on the Multi Commodity Exchange eased by ₹10, or about 0.19%, settling at ₹5,213 per barrel. The contract changed hands in 10,100 lots, signalling modest activity during the session. Small move, limited momentum The decline is a minor shift in price and suggests limited … Read more