Stock markets settle higher in volatile trade; metal, auto shares shine

From the Sensex basket, Tata Steel jumped more than 5%. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty closed marginally higher in a volatile trade on March 18 as cautious investors preferred to … Read more

Markets surrender early gains to trade lower; Sensex quotes 118 points lower

From the Sensex basket, Mahindra & Mahindra, Tata Steel, JSW Steel, Axis Bank, Tata Motors and HCL Technologies were the gainers. | Photo Credit: Reuters Benchmark equity indices faced volatile trends in early trade on March 18, surrendering their initial gains to trade lower, following a weak lead from Wall Street and rising crude oil … Read more

Markets trade lower on weak global market trends, foreign fund outflows

Bombay Stock Exchange (BSE). | Photo Credit: REUTERS Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows. The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045. From the Sensex basket, Mahindra & Mahindra, Infosys, … Read more

Markets trade lower on weak global trends

Image for representation only | Photo Credit: PAUL NORONHA Equity benchmark indices traded lower in early trade on Wednesday amid weak trends from the U.S. markets and selling in IT stocks. Extending its previous day’s decline, the 30-share BSE Sensex went lower by 229.04 points to 73,448.09. The Nifty slipped 63.15 points to 22,293.15. Among … Read more

Rupee rises 4 paise to 82.87 against U.S. dollar in early trade

Image used for representative purpose only. | Photo Credit: REUTERS The rupee appreciated 4 paise to 82.87 against the U.S. dollar in early trade on Monday, amid a weak American currency against major rivals overseas and inflow of foreign funds in the domestic capital markets. A positive sentiment in the equity markets supported the rupee, … Read more

Rupee rises four paise to 82.85 against U.S. dollar in early trade

At the interbank foreign exchange, the local currency opened at 82.86 and gained slightly to 82.85 against the greenback, registering an increase of four paise from its previous close.  | Photo Credit: The Hindu The Rupee appreciated four paise to 82.85 against the U.S. dollar in early trade on March 1 on the back of … Read more

Rupee rises 2 paise to 82.89 against U.S. dollar in early trade

Rupee rises 2 paise to 82.89 against U.S. dollar in early trade

The rupee appreciated 2 paise to 82.89 against the U.S. dollar in early trade on February 29, tracking a weak American currency and a downward trend in the crude oil prices. The domestic unit, however, weighed down by a volatile equity market and unabated outflow of foreign funds, forex traders said. Market participants were also … Read more