Indian equity markets may show renewed cheer on the broader side, but the next decisive step will depend on earnings visibility, currency stability and progress in the India-US trade deal, said Ashi Anand, founder and CEO of IME Capital, who believes that in the near term, markets are likely to remain within a certain range […]
The Indian market closed lower on Tuesday, with the Sensex and Nifty extending their declines for a second straight session, as continued foreign portfolio outflows and a weakening rupee kept investors on edge. Lingering uncertainty over a possible US trade deal contributed to the cautious mood on Dalal Street.The S&P BSE Sensex fell 533 points, […]
The rupee closed at a new low of 90.73 against the dollar on Monday as foreign institutional investors continued to reduce their exposure to Indian equities.The currency devalued 32 paise from Friday’s closing level of 90.41 after hitting an intraday low of 90.80, which is its all-time low. The impasse over the India-US trade deal, […]
The rupee closed little changed on Friday after the Reserve Bank of India cut its policy rate, sending the currency below 90 per dollar for the first time in almost a week, on concerns over declining dollar inflows into the economy.The rupee closed at 89.98 against the US dollar, little changed from the previous session’s […]
The Indian rupee fell to a record low on Tuesday, widening losses due to the lack of a trade deal between India and the United States, which has hit trade inflows and portfolios.The currency traded at 89.9475 against the US dollar before closing at 89.87, down almost 0.4% on the day and its fifth consecutive […]
The rupee fell to an all-time low of 89.79/$1 intraday before being pulled out of the depths following reported central bank interventions, but still recorded an all-time low of 89.55/$1 as unwinding of short positions by the Reserve Bank of India (RBI) had led to stop losses in the market in the morning, traders said.The […]
Market experts expect stability this week, supported by value buying, positive demand prospects for the third quarter and steady investment flows. (AI image)​ ” decoding=”async” fetchpriority=”high”/> ​Market experts expect stability this week, supported by value buying, positive demand prospects for the third quarter and steady investment flows. (AI image)​ Stock market today: Nifty50 and BSE […]
The Indian market ended higher on Wednesday, with the Sensex and Nifty paring early losses, as renewed foreign inflows and a recovery in IT big names kept sentiment steady. Infosys led the charge, anticipating its Rs 18,000 crore share buyback that will start on Thursday.The S&P BSE Sensex rose 513 points, or 0.61%, to close […]
US President Donald Trump has imposed 50% tariffs on Indian exports to the US. (AI image) India and the US could soon agree on a trade deal, a senior Donald Trump administration official said. However, Kevin Hassett, director of the National Economic Council under the Trump administration, has noted that the situation is “complicated” because […]
As global trade tensions continue to shape investor sentiment, market experts are keeping a close eye on the prospects for a tariff settlement between India and the United States. According to Mihir Vora, managing director and CIO of Trust Mutual Fund, such a resolution should be seen as a necessary step and not an unexpected […]