Mumbai, Jun 2 (PTI) Benchmark equity indices Sensex and Nifty on Monday morning tumbled following weak trends in Asian markets and renewed global trade concerns. Moreover, foreign fund outflows also dented investors sentiment, experts noted. The 30-share BSE Sensex tanked 762.24 points to 80,688.77 in early trade. The NSE Nifty dropped 212.25 points to 24,538.45. From the Sensex firms, HDFC Bank, HCL Tech, Reliance Industries, Infosys, Tech Mahindra, Bajaj Finance, Larsen & Toubro, Titan, Tata C

Mumbai, Jun 2 (PTI) The rupee appreciated by 12 paise to 85.43 against the US dollar in early trade on Monday on the back of a weak American currency and favourable macroeconomic data that fuelled hope of a further reduction in key interest rate in the RBIs upcoming monetary policy. However, a volatile equity market, outflow of foreign funds and higher crude oil prices amid global trade related uncertainties weighed on the Indian currency, according to forex traders. Analysts also said that mark

Mumbai, May 30 (PTI) The rupee strengthened by 19 paise to 85.29 against the US dollar in early trade on Friday on the back of lower crude oil prices and sustained foreign fund inflows. Forex traders said a firm greenback and volatile stock markets capped the rupees gain even as market participants stayed cautious ahead of the release of domestic GDP data. At the interbank foreign exchange, the domestic unit opened at 85.35 and gained further to trade at 85.29 against the greenback in initial de

New Delhi, May 27(PTI) Bengaluru is among the top 12 global technology hubs with a tech workforce in the IT city crossing the 1 million mark, according to CBRE. Real estate consultant CBRE has released a report, Global Tech Talent Guidebook 2025, which highlights global tech talent dynamics across 115 markets. The report evaluates these markets based on the availability, quality, and cost of tech talent and classifies them into three categories: Powerhouse (12 markets with large, deep, and highl

Mumbai, May 26 (PTI) Benchmark indices Sensex and Nifty surged in early trade on Monday following news that India has become the fourth largest economy in the world. Moreover, early arrival of monsoon, the Reserve Bank announcing a record Rs 2.69 lakh crore dividend to the government for FY25 and US President Donald Trump delaying 50 per cent EU tariffs to July 9 also added to the optimism of the market, experts said. The 30-share BSE benchmark gauge Sensex jumped 562.31 points to 82,283.39 in e

Mumbai, May 23 (PTI) The rupee snapped its three-day losing streak and settled for the day higher by 70 paise at 85.25 (provisional) against the US dollar on Friday, on a sharp fall in the dollar index and surge in domestic equities, amid rise in risk appetite for riskier assets. Forex traders said, the rupee which had lost 53 paise in the last three trading sessions, settled with significant gains on Friday largely supported by the weakness of the American currency in the overseas market. Howev

Mumbai, May 22 (PTI) The rupee traded in a narrow range in morning trade on Thursday, as the support from weak dollar index was negated by elevated crude oil prices and persistent dollar demand from importers and foreign banks. Forex traders said broad-based dollar weakness, with DXY falling to a 99 level, is expected to act as a tailwind for the rupee in the short-term. However, the narrowing yield differential between Indian and US, is making Indian assets less attractive. At the interbank for

New Delhi, May 21 (PTI) Gold prices rebounded by Rs 1,910 to Rs 98,450 per 10 grams in the national capital as rising global uncertainties triggered a fresh wave of safe-haven buying. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 96,540 per 10 grams on Tuesday. Gold of 99.5 per cent purity appreciated by Rs 1,870 to Rs 98,000 per 10 grams (inclusive of all taxes) on Wednesday from the previous days close of Rs 96,130 per 10 grams. A we

Mumbai, May 21 (PTI) The rupee depreciated 9 paise to 85.67 against the American currency in early trade on Wednesday, as market sentiment soured under pressure from rising US Treasury yields and persistent foreign fund outflows. Forex traders said global crude oil prices intensified the downside pressure on the USD/INR pair. At the interbank foreign exchange, the domestic unit opened at 85.65 and fell to 85.67 against the greenback, registering a loss of 9 paise over its previous close. On Tues

Mumbai, May 20 (PTI) Benchmark stock indices Sensex and Nifty tumbled 1 per cent on Tuesday dragged down by losses blue-chips HDFC Bank, Reliance Industries and ICICI Bank. Retreating from early highs, the 30-share BSE Sensex tanked 872.98 points or 1.06 per cent to settle at 81,186.44. During the day, it dropped 905.72 points or 1.10 per cent to 81,153.70. The NSE Nifty tumbled 261.55 points or 1.05 per cent to 24,683.90. Analysts said investors opted for profit-booking as they awaited more cla

Mumbai, May 20 (PTI) Equity Benchmark indices Sensex and Nifty rebounded in early trade on Tuesday after two days of decline amid firm trends in global markets and buying in IT stocks. The 30-share BSE benchmark gauge Sensex climbed 191 points to 82,250.42 in early trade after a positive beginning. The NSE Nifty went up by 64.9 points to 25,010.35. From the Sensex firms, Tata Steel, Infosys, Tech Mahindra, ITC, Tata Consultancy Services, Axis Bank, IndusInd Bank and Asian Paints were among the b

Mumbai, May 19 (PTI) The rupee appreciated 17 paise to settle at 85.40 (provisional) against the US dollar on Monday, on weak US dollar index and a decline in crude oil prices. Forex traders said global investors were also cautious as global rating agency Moodys downgraded US investment grade rating, leading to a fall in dollar index. At the interbank foreign exchange, the domestic unit opened at 85.43 and moved between the intra-day high of 85.35 and the low of 85.61 against the greenback. The

Mumbai, May 16 (PTI) Benchmark stock indices Sensex and Nifty ended lower on Friday due to profit-taking in IT shares and Bharti Airtel after a sharp rally in the previous session. The 30-share BSE Sensex declined 200.15 points or 0.24 per cent to settle at 82,330.59. During the day, it lost 383.79 points or 0.46 per cent to 82,146.95. The NSE Nifty dropped 42.30 points or 0.17 per cent to 25,019.80. Bharti Airtel dropped by 2.81 per cent after Singtel sold about 1.2 per cent of its direct stake

Mumbai, May 8 (PTI) Benchmark indices Sensex and Nifty began the day on an optimistic note on Thursday but later turned volatile, a day after India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir. Investors stayed on the sidelines amid rising geopolitical tensions. In a strong retaliation to the Pahalgam massacre, Indias armed forces early on Wednesday destroyed nine terror sites including that of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakis

Mumbai, May 7 (PTI) The rupee depreciated 31 paise to 84.66 against the US dollar in early trade on Wednesday, after Indias military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir increased cross-border tensions. Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taibas base in Muridke. The military strikes were conducte

May 5 (Reuters) Representatives for Indian billionaire Gautam Adani and his companies met officials from U.S. President Donald Trumps administration to seek dismissal of the criminal charges against him in an overseas bribery probe, Bloomberg News reported on Sunday, citing people familiar with the matter. The talks, which began earlier this year, gained momentum in recent weeks and could yield a resolution in the coming month or so, if the pace persists, according to the report. In November, U

Mumbai, Apr 30 (PTI) Equity benchmark indices Sensex and Nifty bounced back after falling in early trade on Wednesday amid sustained foreign fund inflows and a rally in the US markets. The 30-share BSE benchmark gauge declined 232.51 points to 80,055.87 in early trade. The NSE Nifty dipped 67.15 points to 24,268.80. Later, both the benchmark indices recovered the early lost ground and were trading in the positive territory. The Sensex traded 76.72 points higher at 80,365.10, and the Nifty quoted

Mumbai, Apr 29 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Tuesday amid persistent foreign fund inflows and easing tariff concerns. The 30-share BSE benchmark gauge jumped 442.94 points to 80,661.31 in early trade. The NSE Nifty rallied 129.15 points to 24,457.65. From the Sensex firms, Tata Motors, Reliance Industries, IndusInd Bank, Bharti Airtel, Mahindra & Mahindra, and Axis Bank were the biggest gainers. Sun Pharma, Nestle, UltraTech Cement, Power Grid, and Baja

New Delhi, Apr 24 (PTI) Gold prices climbed Rs 200 to Rs 99,400 per 10 grams in the national capital on Thursday following fresh buying by stockists and jewellers and a weak dollar, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity took a U-turn from the historic Rs 1 lakh-mark and declined Rs 2,400 to Rs 99,200 per 10 gram on Wednesday. Gold of 99.5 per cent purity also increased Rs 200 to Rs 98,900 per 10 grams against the previous close of Rs 98,700 per

Mumbai, Apr 24 (PTI) Equity benchmark indices Sensex and Nifty ended lower on Thursday amid profit-taking after a seven-day rally and disappointing earnings from Hindustan Unilever. Selling in blue-chips ICICI Bank, Bharti Airtel and a largely muted trend in Asian and European equities also dragged the markets lower. The 30-share BSE benchmark declined 315.06 points or 0.39 per cent to settle at 79,801.43. During the day, it dropped 391.94 points or 0.48 per cent to 79,724.55. The NSE Nifty went

Mumbai, Apr 24 (PTI) Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid profit-taking after a seven-day rally and muted trend in Asian markets. The 30-share BSE benchmark declined 242.01 points to 79,874.48 in early trade. The NSE Nifty went down by 72.3 points to 24,256.65. In the past seven trading days, the BSE benchmark gauge zoomed 6,269.34 points or 8.48 per cent and the Nifty jumped 1,929.8 points or 8.61 per cent. From the Sensex firms, Eternal, Bharti Air

Mumbai, Apr 23 (PTI) Rupee depreciated 15 paise to 85.34 against the US dollar in early trade on Wednesday, after the American currency recovered supported by Donald Trumps softened stance particularly towards the Federal Reserve and against China. Forex traders said the market found support after Trump on Tuesday backed off from threats to fire FED Chair Jerome Powell after days of intensifying criticism against him for not cutting rates. Trump also signalled the possibility of lower tariffs a

Mumbai, Apr 22 (PTI) Equity benchmark indices Sensex and Nifty climbed in early trade on Tuesday as investors sentiment remained buoyant amid continuous foreign fund inflows and buying in blue-chip bank stocks. The 30-share BSE benchmark Sensex climbed 319.89 points to 79,728.39 in early trade. The NSE Nifty went up by 76.1 points to 24,201.65. From the Sensex firms, Eternal, Tata Steel, Kotak Mahindra Bank, HDFC Bank, Tech Mahindra and Mahindra & Mahindra were among the biggest gainers. IndusIn

April 22 (Reuters) U.S. President Donald Trumps administration intends to press India to give online retailers such as Amazon and Walmart full access to its $125 billion ecommerce market, the Financial Times reported on Tuesday, citing industry executives, lobbyists and U.S. government officials. The U.S. plans to push Prime Minister Narendra Modis government for a level playing field on ecommerce in wide-ranging talks on a U.S.-India trade agreement set to also cover sectors from food to cars,

Mumbai, Apr 21 (PTI) The rupee sustained its rally for the fifth straight session and settled with gains of 25 paise at 85.13 (provisional) against the US dollar on Monday, boosted by a sharp fall in the dollar index and a surge in the domestic equities. The dollar index has breached the 99 mark and is trading at its lowest level in three years. Moreover, fresh foreign fund inflows and decline in crude oil prices also favoured the rupee, forex traders said. At the interbank foreign exchange, the

Mumbai, Apr 17 (PTI) The rupee rallied for the fourth straight session and rose 10 paise to 85.54 against the US dollar in early trade on Thursday amid a renewed inflow of foreign funds in domestic equities and a weak American currency. However, subdued equity market sentiment and a slight recovery in crude oil prices put the local currency under pressure, according to forex traders. At the interbank foreign exchange, the domestic unit opened at 85.48 and slipped to 85.54 against the greenback i

Mumbai, Apr 7 (PTI) The rupee declined 19 paise to 85.63 against the US dollar in early trade on Monday, facing the heat of the global trade war triggered by the US reciprocal tariff and Chinas retaliatory move that also crashed equity markets worldwide to their record lows. According to forex traders, a steep decline in crude prices and a weaker American currency failed to support the domestic currency amid the incessant foreign fun outflows in line with the global sell-offs. Meanwhile, they sa