Before Market Opens: Indian markets are likely to open higher on Monday following gains in Asian peers. Furthermore, Gift Nifty was trading 50 points higher, indicating a strong start for benchmark Nifty. Let’s take a look at some key cues before the market opens today: The S&P 500 closed out the week with slight gains … Read more
The rupee started the new year on a weak note, depreciating by 6 paise to 83.22 against the US dollar amid a muted trend in domestic equities and dollar demand from importers. Forex traders said the rupee traded in a narrow range in the absence of global cues. Global crude oil markets were closed for … Read more
The rupee paired all its early gains to end on a flat note at 83.20 (provisional) against the US dollar amid increased month-end dollar demand from importers and volatile crude oil prices. At the interbank foreign exchange, the domestic currency opened at 83.14, touched the peak of 83.10 and hit the lowest level of 83.22 … Read more
The Indian rupee surged against the US dollar while the 10-year government bond yields dropped on Thursday after a dovish US Federal Reserve outcome raised hopes of more interest rate cuts next year. The rupee opened 13 paise higher at 83.27 a dollar as compared to previous close of 83.40. The 7.18%, 2033 10-year G-Sec … Read more
The Indian Rupee is hovering close to the lows for the year. The rupee started Thursday’s session at 83.282, marking a slight decrease of 0.08 compared to its previous closing rate of 83.35. Presently, the US Dollar/Indian Rupee FX Spot Rate stands at 83.2725, experiencing a marginal decline of 0.093%. Concurrently, the US Dollar Index … Read more
The rupee appreciated 3 paise to 83.37 against the US dollar in early trade on Monday, amid sustained inflow of foreign funds and bullish sentiment in the domestic equity market. An upward movement in crude oil prices, however, weighed on the Indian currency, according to forex traders.
The rupee appreciated 5 paise to close at 83.32 (provisional) against the US dollar on Wednesday, helped by a bullish trend in domestic equities and sustained foreign fund inflows. Forex traders said elevated American currency in the overseas markets and dollar buying by the Reserve Bank of India (RBI) capped sharp gains for the local … Read more
Lupin: The pharma major has received approval from the U.S. FDA for Bromfenac Ophthalmic Solution, 0.07%, and tentative approval from the U.S. FDA for Canagliflozin Tablets. LTIMindtree: The global technology consulting and digital solutions company, launched the Quantum-Safe Virtual Private Network (VPN) link in London in collaboration with Quantum Xchange and Fortinet. Indian Railway Catering … Read more
ECONOMYNEXT – Sri Lanka’s education system must change from one that aims to force as much learning as possible at the preschool and primary levels to a more staggered, age-appropriate learning process in line with UNESCO standards, Education Minister Susil Permajayantha said. Speaking at an event on Monday October 16, Premajayantha called for reforms in … Read more
Stock Market news: The Indian stock market is set for a muted opening on Monday amid mixed cues from global peers. The NSE IX’s GIFT Nifty moved 7.5 points, or 0.04%, muted at 19,930.50. Asian equities were trading lower amid a lack of favourable cues, while the US stock market closed higher on Friday due … Read more