New Delhi: The Indian rupee dropped to a record low against the US dollar in early morning trade on Monday. The rupee slipped 36 paise to trade at 78.79 against the dollar. This is for the first time that the currency value has fallen below 78. Alongside, share markets crashed, with Sensex falling by more...

Sensex falls 1,200 points following the hike   New Delhi: The equated monthly installments (EMIs) on loans are all set to get bigger. Reserve Bank of India (RBI) Govrnor Shaktikanta Das on Wednesday announced an increase of 40 bps in the repo rate with immediate effect. The new rate is now 4.4 per cent. The...

Sensex gains over 1,000 points   Mumbai: The news of approval of merger of HDFC Ltd and HDFC Bank pushed up both their stocks on Monday morning. The share prices of both went up by around 15 per cent in early trade. In a BSE filing, the bank said that the board of directors of...

Mumbai: The impact of Russian invasion on Ukraine was felt in the Indian stock market on Thursday morning. Sensex slipped 1,428 points in early trade, while Nifty went below 16,000 after Russian president Vladimir Putin’s announcement of military operations in eastern Ukraine. Internationally, the price of oil crossed the mark of $ 100 per barrel....

Mumbai: Hours before Finance Minister Nirmala Sitharaman presented her fourth General Budget on Tuesday, the stock market showed signs of excitement, with Sensex opening over 600 points higher and Nifty over 17,500 points. Among the stocks that went up were banking, realty and IT. The Economic Survey has projected the GDP growth rate at 8-8.5...

Mumbai: The domestic equity benchmarks were trading at all-time high on Wednesday morning. Sensex rallied 337.41 pts to hit a new peak of 60,621.72 in the opening session. Nifty jumps 74.15 pts to 18,066.10. Among the top gainers were Mahindra and Mahindra, Tech Mahindra, Bajaj Auto, L&T, NTPC, Asian Paints, Kotak Mahindra bank, etc. Among...

After a four-day winning streak, equity benchmarks—Sensex and Nifty—tanked on Friday as COVID-19 cases continue to surge in India amid a shortage of vaccines. Sensex declined by 984 points or 1.98 per cent to end the day at 48,782.36 due to an intense sell-off in financial stocks. Similarly, Nifty declined by 263.80 points or 1.77...

As COVID-19 cases continue to surge and India recording new highs with each passing, Sensex and Nifty nosedived on Monday dragged by heavyweights ICICI Bank, Reliance Industry and HDFC twins. Negative cues from global markets also spooked investors. At 12.20 pm, Sensex declined by 1,732 points to 47,855—a fall of 3.51 per cent. Similarly, Nifty...

The Indian benchmark equity indices Sensex and Nifty surged by over 2 per cent on Tuesday due to strong gains in information technology, metals and pharma stocks. The Sensex settled above the 50,000-mark for the first time since March 23 at 50,136 levels. It was up 1,128 points or 2.33 per cent. On the other...

Indian capital markets extended their decline for the second day on Thursday with the Sensex falling 740 points or 1.5 per cent to close at 48,440. Nifty too declined by 224.5 points or 1.54 per cent and ended the day at 14,324 points. The decline in the benchmark indices is attributed to the surge in...

Indian stock markets on Monday rejoiced the measured announced by the Union government in the budget 2021. The BSE Sensex on Monday surged nearly 5 per cent, or 2,314 points, to touch 48,761 points. Similarly, Nifty recorded a surge of 4.74 per cent, or 646 points, to end the day at 14,281.20. With this, the...

The BSE benchmark index Sensex on Wednesday crashed 938 points to end the day at 47,409—a decline of 1.94%, whereas the Nifty slipped 271.40 points to touch 13,967.  The Indian stock markets are falling due to massive selling across sectors and in the past four trading sessions, Sensex has declined 4.78% or 2,382 points. The...