Forcing short sellers to run for cover and with the potential of foreign institutional investors (FIIs) returning to Dalal Street with pockets full of cash, the Sensex zoomed over 4,000 points while the Nifty shot up around 5% to close to its all-time high of 26,373 on Tuesday following the announcement of the India-US trade […]
Indian shares are likely to open higher on Sunday in a special trading session ahead of the federal budget, as investors look for evidence of support for growth from government investment and aid for export-oriented sectors hit by US tariffs. GIFT Nifty futures closed at 25,443 on Friday, indicating that the NSE Nifty 50 is […]
The Indian rupee shocked markets on Wednesday after the Reserve Bank of India (RBI) intervened aggressively to halt a one-way decline, leading to a sharp intraday reversal that reflected how fragile sentiment has become.The rupee rose from near 91 to an intraday high of 89.75 per dollar before falling to around 90.28 even as foreign […]