The Indian stock market benchmarks, Sensex and Nifty 50, witnessed a sharp decline on Friday, June 13, tracking losses in major Asian indices, including Japan’s Nikkei and South Korea’s Kospi. Investor sentiment was shaken by heightened geopolitical tensions between Israel and Iran, leading to broad-based market weakness. The Sensex opened at 80,427.81, down from its…
The Indian rupee appreciated 16 paise to ₹84.61 against the US dollar in early trade on Friday, following a weaker dollar and an overnight decline in crude oil prices. The rupee’s rise comes after a sharp 45-paise depreciation in the previous session, which was triggered by geopolitical tensions stemming from India’s military strikes against terror…
Equity benchmark indices Sensex and Nifty faced heavy volatility on Wednesday morning trade after India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir. The Sensex hit the day’s high of 80,844.63 and an intra-day low of 79,937.48. The NSE Nifty hit a high of 24,449.60 and a low of 24,220. Both the…
India’s equity market has demonstrated remarkable resilience despite the uncertainties caused by the ongoing global trade war. A recent report highlights that the BSE 500 index recorded a 6.25% gain in March, marking its best monthly performance in 15 months. This indicates that much of the market excess has likely been corrected, showcasing India’s strong…
India’s benchmark indices opened in the red on Thursday, tracking mixed trends across Asian markets and early selling pressure in auto, metal, and realty stocks. As of 9:30 am, the Sensex declined 221.03 points, or 0.28 percent, to 79,895.46, while the Nifty slipped 75.55 points, or 0.31 percent, to 24,253.40. In the broader market, the…
Indian rupee experienced a marginal decline, closing 2 paise lower at 85.52 against the US dollar on April 2, 2025. This marked the first trading session of the new fiscal year 2025-26. The currency’s movement was influenced by a combination of domestic and global factors, including trade tariff uncertainties, rising crude oil prices, and foreign…
Benchmark stock market indices closed higher for the third consecutive session on Wednesday, continuing its positive momentum this week. However, information technology (IT) stocks dragged the markets down. The S&P BSE Sensex gained 147.79 points to settle at 75,449.05, while the NSE Nifty50 added 73.30 points to close at 22,907.60. Aditya Gaggar, Director of Progressive…
On March 6, 2025, the Indian Rupee fell by 6 paise to settle at 87.12 against the US Dollar. This decline came after a three-day rally where the Rupee had gained 18 paise over the preceding two sessions. The Rupee’s performance was influenced by several factors, including uncertainty over trade tariffs and persistent foreign fund…
