Silver jumps six percent to record 254000 rupees per kg and tops 80 dollars

Silver jumps six percent to record 254000 rupees per kg and tops 80 dollars

Gold Futures Hover Near Record Levels on MCX Gold futures in the domestic market held close to all-time highs, with the February contract edging higher on the Multi Commodity Exchange (MCX). The yellow metal for February delivery rose by ₹357, or 0.26%, settling at ₹1,40,230 per 10 grams. Market Snapshot Contract: Gold futures, February delivery … Read more

Rupee slips five paise to about 90 per US dollar in early morning trade

Rupee slips five paise to about 90 per US dollar in early morning trade

Why the rupee has been under pressure Foreign portfolio investors (FPIs) have been selling Indian equities steadily over the last few months, and that sustained outflow has put notable pressure on the Indian rupee. When large sums exit equity markets, they typically translate into demand for foreign currency, most often the US dollar, which in … Read more

Top 10 companies drive 35439 crore market cap fall in heavy trading session

Top 10 companies drive 35439 crore market cap fall in heavy trading session

Large-cap sell-off trims valuations — SBI the worst hit Stocks of several marquee companies experienced a notable erosion in market value, with state-owned bank SBI suffering the deepest setback. Other heavyweights that recorded significant valuation dips include Reliance, TCS, ICICI Bank, Bajaj Finance, L&T, and LIC. The move pressured index performance and weighed on investor … Read more

Sensex falls for third straight day losing 367 points as foreign funds exit

Sensex falls for third straight day losing 367 points as foreign funds exit

Sensex slips for third straight session The 30-share BSE Sensex fell for the third consecutive day, dropping 0.43% to settle at 85,041.45. Market activity remained thin, reflecting cautious sentiment among investors and low trading volumes. Market snapshot Index: BSE Sensex Movement: Down 0.43% (third straight decline) Close: 85,041.45 Market condition: Thin trade Why the market … Read more

Rupee slips 15 paise to close near 90 against the US dollar in weak trade

Rupee slips 15 paise to close near 90 against the US dollar in weak trade

Forex traders say a recent combination of rising crude oil prices, heavy dollar demand from importers and a more cautious market mood driven by trade deal uncertainties has weighed on investor sentiment. The mix is shaping currency flows, pressuring risk-sensitive assets and reinforcing the U.S. dollar’s status as a refuge. How oil’s rebound changes the … Read more