Rupee at all-time low: Rupee weakened further on Tuesday, hitting an all-time intraday low of Rs 88.53 against the US dollar, as global uncertainties and policy shocks rattled investor confidence. The domestic currency opened at Rs 88.41 and quickly ceded ground, following a 12-paise loss on Monday. H-1B visa hike and trade tensions weigh Traders…
Domestic equity benchmarks registered sharp losses on Monday, falling for a second straight day, amid a sell-off in IT stocks following the US government’s move to hike a new H-1B visa fee to $100,000 from $2,000-$5,000 with effect from September 21. Analysts say that the development will force Indian IT companies to overhaul their age-old…
Domestic equity benchmarks registered sharp losses on Friday amid weakness in financial and FMCG shares, halting a winning run that lasted three trading sessions. Both main gauges retreated from 10-week closing highs registered the previous day. The Sensex fell 387.7 points, or 0.5 per cent, to end at 82,626.2 while the Nifty50 loser 96.6 points, or 0.4…
Nifty50 has risen for six trading sessions in a row. For Sensex, it is a third straight day of gains. Read on to learn about the September 10 session in detail. Nifty50 continued to rise for the sixth session in a row. | Representational image | Image credit: Pexels Source link
Stock Market Opening Bell:Â Indian stock markets opened higher today, supported by strong buying in key stocks including JSW Steel, Tata Steel, Tata Motors, M&M, Wipro, Adani Enterprises, and Eicher Motors. The benchmark BSE Sensex was trading at 80,926, up 216 points or 0.27 per cent, while the Nifty 50 index stood at 24,802, rising 61…
Domestic equity benchmarks rose for a second straight day on Thursday, rising for a second straight session, a day after the GST Council approved a host of tax cuts aimed at boosting domestic consumption. There were mixed trends across sectors, with buying in most prominent FMCG shares, though selling pressure in IT and energy shares…