US President Donald Trump, flanked by Commerce Secretary Howard Lutnick, speaks during a press conference at the White House, following the Supreme Court’s ruling that Trump exceeded his authority when he imposed tariffs, in Washington, DC, US, February 20, 2026. | Photo credit: KEVIN LAMARQUE In the wake of the US Supreme Court’s decision on […]
The Indian rupee’s rate was little changed on Monday as usual dollar demand offset inflows, keeping the currency largely within range at the start of the week.The rupee moved in a narrow band of 10 paise to end at 90.65 against the previous close of 90.6350. The rupee had risen earlier this month, supported by […]
Foreign Portfolio Investors (FPIs) staged a sharp turnaround in early February, pumping Rs 19,675 crore into Indian equities in the first two weeks, buoyed by the US-India trade deal and easing global macroeconomic concerns.The inflow follows three consecutive months of heavy selling, with FPIs withdrawing Rs 35,962 crore in January, Rs 22,611 crore in December […]
The Indian rupee closed slightly weaker on Monday, unable to benefit from a broadly weaker dollar due to corporate demand for the dollar, in a trading session that was also marked by technical difficulties.The rupee closed at 90.7575 per dollar, down 0.1% from its close of 90.6550 on Friday. Market participants had noticed trade execution […]
The successful conclusion of an Interim Trade Framework Agreement between India and the US will boost investor confidence, strengthen the foundation for capital flows and deepen market participation as India further integrates with the global economy – directly advancing the vision of Viksit Bharat, said Sundararaman Ramamurthy, MD and CEO of Bombay Stock Exchange (BSE).“The […]
Indian stock benchmarks recovered from early losses to post gains late Friday as investors balanced optimism ahead of the release of the US-India trade deal against nervousness in the global technology basket. The NSE Nifty added 0.2% to end at 25,693.7, while the BSE Sensex rose 0.3% to 83,580.40. Both gauges ended the six-session trading […]
Apparel maker Gokaldas Exports on Wednesday witnessed a bulk deal with French multinational bank Societe Generale buying over 5 lakh shares worth Rs 41 crore, even as the stock remains in the top focus on the D-Street following the US-India trade deal, with the company seen as a major beneficiary.Societe Generale bought these shares at […]
Domestic markets are likely to open flat on Wednesday despite weak global cues. Gift Nifty at 25,806 indicates a flat opening. According to market experts, sentiment has turned from ‘selling on rally’ to ‘buying on dips’ after the US-India deal. According to them, the consolidation phase is likely to continue. Ponmudi R, CEO, Enrich Money, […]
Mumbai: Debt capital market (DCM) heads expect a sharp rise in foreign borrowings from domestic companies, including some top government banks, over the next two quarters as the trade deal with India improves investor sentiment towards these companies in what is expected to be a softer global interest rate regime.Bankers said several issuers who stayed […]
The rupee rose the most in seven years and Indian stock prices posted their biggest gain in nine months after Washington agreed to cut tariffs hurting shipments and foreign inflows as part of a long-awaited trade deal.News of the successful US-India deal saw both the Nifty and Sensex rise as much as 5% intraday. The […]