Business / The Sen Times
New Delhi, Jul 18 (PTI) Gold prices rose Rs 100 to Rs 98,770 per 10 grams in the national capital on Friday amid a firm trend in the international markets, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity had closed at Rs 98,670 per 10 grams. Gold of 99.5 per cent purity increased by Rs 100 to Rs 98,300 per 10 grams (inclusive of all taxes) on Friday. It had settled at Rs 98,200 per 10 grams in the previous market session. Meanwhile, silver p
Mumbai, Jul 18 (PTI) The rupee appreciated 6 paise to 86.06 against the US dollar in early trade on Friday on the back of a weaker greenback and a marginal drop in global crude oil prices. However, steady foreign fund outflows capped sharp gains for the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 85.99 before dropping to 86.06 against the US dollar, up 6 paise from its previous close. The rupee declined 20 paise to settle at 86.12 against the US dollar
Mumbai, Jul 17 (PTI) Equity benchmark indices Sensex and Nifty started the day on a firm note on Thursday but later faced selling pressure, with investors remaining in a wait-and-watch mode, as hopes are pinned on a favourable outcome from the US-India trade talks. Fresh foreign fund outflows also dented investors sentiment as they preferred staying on the sidelines. The 30-share BSE Sensex climbed 119.05 points to 82,753.53 in opening trade. The 50-share NSE Nifty went up by 18.7 points to 25,2
Mumbai, Jul 17 (PTI) The rupee rose 12 paise to 85.80 against the US dollar in early trade on Thursday amid a drop in global crude oil prices and a hope of a breakthrough in the ongoing India-US trade talks. However, a strengthening dollar against overseas currencies and FII outflows prevented sharper gains in the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened weaker at 85.93 against the US dollar but moved into positive territory to 85.80, up 12 pais
Mumbai, Jul 15 (PTI) The rupee was trading flat at 85.92 against the US dollar in early trade on Tuesday amid a weaker greenback against overseas currencies and a dip in global crude oil prices. However, FII outflows and continuing uncertainty over the outcome of the India-US trade talks prevented a rise in the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 85.97 against the greenback before inching up to 85.92 the same level as its previous cl
Mumbai, Jul 14 (PTI) The rupee fell 17 paise to 85.97 against the US dollar in early trade on Monday amid a strengthening greenback and FII outflows. Uncertainties over US trade tariffs further pressured the rupee, according to forex experts. At the interbank foreign exchange, the local unit opened 85.96 against the US dollar before slipping to 85.97, down 17 paise from its previous close. The rupee had closed at 85.80 against the US dollar on Friday. As (US President Donald) Trump applies tarif
Mumbai, Jul 10 (PTI) The rupee appreciated 17 paise to 85.56 against US dollar in early trade on Thursday, as the US-India trade talks made modest progress, with tariff deadline extensions on select Indian exports offering short-term relief. Forex traders said rupee traded in a volatile but narrow range as market participants stayed on the sidelines, waiting for clarity on the US-India interim trade deal. At the interbank foreign exchange, the rupee opened at 85.62 against the dollar, then touch
Mumbai, Jul 9 (PTI) The rupee declined 17 paise to 85.90 against the US dollar in early trade on Wednesday amid a strengthening greenback and subdued sentiments in the domestic equity markets. However, easing global crude oil prices, which had gone up overnight, capped steeper losses in the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 85.84 against the greenback before slipping further to 85.90, down 17 paise from its previous close. The rupee ro
Mumbai, Jul 8 (PTI) Benchmark BSE Sensex closed higher by 270 points on Tuesday, helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. The 30-share barometer rose by 270.01 points or 0.32 per cent to settle at 83,712.51 with 18 of its constituents ending higher and 12 lower. Sensex hit a high of 83,812.31 and a low of 83,320.95, gyrating 491.36 points. The 50-share NSE Nifty climbed 61.20 points or 0.24 per cent to settle at 25,522.50, after a
Mumbai, Jul 8 (PTI) The rupee rose 22 paise to 85.72 against the US dollar in early trade on the back of fall in global crude oil prices and a weaker greenback. FII inflows and a positive domestic equity market further boosted the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 85.75 against the US dollar before rising further to 85.72, up 22 paise against its previous close. The local unit logged a steep fall of 54 paise to settle at 85.94 against
Mumbai, Jul 7 (PTI) The rupee fell 26 paise to 85.66 against the US dollar in early trade on Monday amid FII outflows and a weak opening at the domestic equity markets. The US on Sunday stepped up pressure on trading partners to make new deals before the July 9 deadline, warning countries that higher tariffs could kick in on August 1, putting further pressure on the rupee. However, a weaker greenback, lower global crude oil prices and the rise in the countrys forex reserves prevented further los
Mumbai, Jul 7 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline, weak trends in Asian markets and foreign fund outflows. Volatile trends engulfed markets during the early trade amid concerns surrounding the US-India trade deal, experts said. The 30-share BSE Sensex declined 170.66 points to 83,262.23 in early trade. The 50-share NSE Nifty dipped 53.75 points to 25,407.25. July 9 marks the end of the 90-day suspension pe