New Delhi: Global rating agencies on Wednesday said the BJP is losing its absolute majority and now has to depend on allies to form the government, which could delay more far-reaching elements of economic and fiscal reforms like land and labour. and the progress of fiscal consolidation may be...
Mumbai (Maharashtra) [India], The Indian stock market suffered deep losses on Thursday due to investor uncertainty over the election results, with the Nifty index falling 0.95 per cent and closing 216 points at 22,488.65. Similarly, BSE Sensex fell 0.83 per cent. The broader market closed 617...
MUMBAI: Benchmark equity indices fell in early trade on Thursday, continuing their decline for the fifth consecutive day, in line with weak global trends and continued foreign fund outflows.The 30-share BSE Sensex fell 315.53 points to 74,187.37. NSE Nift fell 102.60 points to 22,602.10...
New Delhi [India], Indian equity indices, Nifty50 and Sensex hit historic highs on Monday led by gains in private banking stocks, with S&P BSE Sensex breaching the landmark 76,000 mark for the first time at 76,010, while NSE Nifty50 at Has reached. At the end of Monday's trading session, the...
New Delhi: Aluminum prices fell 0.87 per cent to Rs 245.5 per kg in the futures market on Wednesday as participants reduced the size of their deals due to a weak trend in the spot market.At the Multi Commodity Exchange, aluminum for May delivery declined by Rs 2.1, or 0.87 per cent, to Rs...
He said, “Under the leadership of Prime Minister Narendra Modi, we are running a 'strong government' but Mamata Banerjee and her allies always want a 'weak government'. She is compromising with illegal infiltrators. She is adopting a soft stance towards terrorists. She is giving shelter and...
Mumbai: The rupee on Wednesday gained 1 paise to close at 83.50 (provisional) against the US dollar as the American currency retreated from its highs.However, continued foreign fund outflows and weak trend in domestic equities weighed on the local unit.According to Forex traders, the USD/INR...
Mumbai: The rupee on Thursday strengthened in a narrow range against the US dollar and closed 2 paise higher at 83.50 (provisional) for the day on a flat note due to weak domestic markets and a stronger American currency.Forex traders said large-scale foreign fund withdrawals affected investor...
Mumbai: Benchmark Sensex slipped as much as 45 points in highly volatile trade on Wednesday due to selling in private bank and IT stocks amid weak Asian markets and continued foreign fund outflows.Falling for the second consecutive session, the 30-share BSE Sensex closed 45.4 points or 0.06...
Mumbai: Benchmark equity indices fell in early trade on Wednesday in line with weak trends in Asian markets and continued foreign fund outflows.Extending its previous day's decline, the 30-share BSE Sensex fell 363.0 points to 73,148.76. NSE Nifty fell 116.9 points to 22,185.60.Asian Paints...
Mumbai (Maharashtra) [India], Stock markets opened on a cautious note on Wednesday, with both Sensex and Nifty starting the day in negative territory. The global slowdown signaled another disappointing day for Indian markets as investors remained cautious amid ongoing uncertainties. Sensex...
On Monday, the rupee fell 7 paise to close at 83.52 against the US dollar.Indian Rupee is trading almost stable due to weak domestic markets and positive US Dollar. FII outflows also weighed on the rupee, said Anuj Chaudhary, research analyst at Sharekhan by BNP Paribas.However, softening...
Among PSU banks, PNB was down 6.4 per cent, Canara Bank was down 5.4 per cent and SBI was down 2.8 per cent.Vinod Nair, head of research at Geojit Financial Services, said domestic indices traded in a range-bound manner influenced by poor performance of PSU banks due to RBI's stricter norms on...
Santa Clara, a prominent Supreme Court lawyer has said that the next five years for India will be one of economic stability as well as instability on various fronts. He said that if the government does not do this then the country's development story will be hampered by law and order issues...
Kolkata, Cement major Birla Corporation Ltd announced a sharp jump in its consolidated net profit by 127 per cent to Rs 193 crore for the quarter ended March 2024.The company said lower power and fuel costs during the quarter due to unusually weak market conditions offset the benign price of...
Mumbai: The rupee on Friday closed 1 paise higher at 83.45 against the US dollar in view of weak US currency and fall in crude oil prices in global markets.Forex traders said heavy selling in the domestic equity market and withdrawal of foreign funds limited gains in the local currency.At...
Mumbai: The rupee on Friday closed 3 paise higher at 83.43 (provisional) against the US dollar amid weak US currency and fall in crude oil prices.Forex traders said heavy selling in the domestic equity market and withdrawal of foreign funds limited gains in the local currency.At the...
Anand (Gujarat) [India], Prime Minister Narendra Modi on Thursday targeted Congress leader Rahul Gandhi, saying that Pakistan wants to make him the next Prime Minister to form a weak government in power. He also claimed that Congress is becoming weak in India. It is becoming difficult to find...
Sensex was trading at 74,248 points, up 518 points. ICICI Bank and Indusin Bank were up more than 2 per cent in trade while Kotak Mahindra and Axis Bank were up more than 1 per cent.V.K. Vijayakumar, chief investment strategist at Geojit Financial Services, said the biggest negative in the...
New Delhi [India]: Snapping a four-day winning streak, Indian stock indices closed sharply lower on Thursday, with Sensex falling 609.28 points or 0.82 per cent mainly due to risk aversion by investors amid weak global cues. Nifty closed at 73,730.16 points, down 150.40 points or 0.67 per cent...