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Home  Business

Business

Markets rise ahead of RBI monetary policy decision

Markets rise ahead of RBI monetary policy decision

  • Rupee rises 6 paise to 83.47 against USD in early trade

    At the interbank foreign exchange market, the rupee opened at 83.46 and then slipped to 83.47 against the dollar, gaining 6 paise from its previous close
  • RBI retains inflation projection for FY25 at 4.5%

    Apex bank emphasises that uncertainties related to food price outlook warrant a close monitoring
  • RBI holds repo rate steady at 6.5% for growth-inflation balance

    RBI Governor Shaktikanta Das: MPC Decides to Maintain Current 6.5% Repo Rate
  • India, South Korea, US, Japan, EU launch Biopharmaceutical Alliance

    Alliance launched in response to drug supply shortages experienced during Covid-19 pandemic
  • Markets extend winning streak for second day

    Sensex Continues Rally: Jumps 696.46 Points; Nifty Climbs 179.15 Points
  • Rupee up 1 paisa to 83.43 against Dollar in early trade

    Forex traders noted that despite an increase in crude oil prices, the Indian currency saw limited gains, with investors exercising caution before the RBI's monetary policy decision on Friday.
  • NSE sets world record; handles 1,971 crore transaction in single day

    Bouncing back from Tuesday's debacle, the 30-share BSE Sensex jumped 2,303.19 points or 3.20 per cent to settle at 74,382.24 on value buying in banking, auto and oil shares.
  • Markets rebound early on value-buying after massive drop

    30-share BSE Sensex makes robust rebound, surges 948.83 points to 73,027.88 in early trade post-Tuesday's sharp decline. NSE Nifty also rises by 247.1 points to 22,131.60.
  • Rupee rises 7 paise to 83.44 against US dollar

    Forex traders attribute uptick in equity markets to value-buying surge, buoying local currency post-election results shortfall.
  • Rupee plunges 45 paise to close at 83.59 against US dollar

    The domestic currency finally closed at 83.59 (provisional) against the dollar, registering a fall of 45 paise from its previous close.
  • Amid mixed results for BJP, shares of all Adani Group firms tumble

    Stock of Adani Ports plummeted 20 per cent, Adani Energy Solutions plunged 19.80 per cent
  • Rupee drops to 83.40 against USD in early trade

    Forex traders noted that early deals were affected by a sluggish trend in domestic equity markets, dampening sentiments.
  • Sensex tanks 3,690 points, erasing Rs 26 lakh crore in investor wealth

    Investors lost nearly Rs 26 lakh crore as equity benchmarks plummeted following early election trends on Saturday.
  • Sensex, Nifty open down 2% on counting day

    Sensex Opens 2.02% Down at 74,924.64; Nifty Starts 2.11% Lower at 22,772.80
  • Sensex, Nifty hit all-time highs on BJP-led NDA’s predicted election victory

    BSE Sensex Soars 2,777.58 Points, Nifty Rallies 808 Points to Hit Record Highs
  • Rupee jumps 38 paise to 83.04 against US dollar

    Forex traders noted that a weak American currency and foreign capital inflows into domestic equities also bolstered the local unit.
  • Zomato asks customers to avoid ordering during peak afternoon hours

    "Please avoid ordering during peak afternoon unless absolutely necessary," Zomato wrote on X.
  • Moody’s projects 6.8 pc GDP expansion in 2024 on strong growth, post-election policy continuity

    "We believe the Indian economy should comfortably register 6-7 per cent annual real GDP growth and we forecast around 6.8 per cent growth," Moody's said in its update to Global Macro Outlook 2024-25.
  • DGCA issues show cause notice to Air India for inordinate flight delays

    The show cause notice comes after the San Francisco-bound flight faced a harrowing time due to an inordinate delay.
  • L&T Finance Ltd. launches ‘The Complete Home Loan’ in Hyderabad

    ‘The Complete Home Loan’ is offered through a Digitized Process along with a Dedicated Relationship Manager and comes with the option of a Home Décor Finance, a company statement on Friday said.
  • Stock markets plunge in early trade on weak global trends, unabated foreign fund outflows

    BSE Sensex Drops 315.53 Points, NSE Nifty Falls 102.60 Points
  • Rupee falls to 83.42 against US dollar amid volatile markets

    Forex traders noted that the strength of the US dollar added pressure on the local unit, although declining crude oil prices limited the rupee's decline.
  • Silly Monks turns profitable after 4 years

    The company reported promising financial results, cheering investors with a PBT of 26.83 lacs for Quarter 4 alone (FY 2024 PBT Rs 9.46 lacs) compared to a full-year loss of Rs 552.15 lacs in FY 2022-23.
  • Muthoot Pappachan group names Shah Rukh Khan as new brand ambassador

    This strategic collaboration marks a significant milestone for MPG, enhancing its brand presence and providing a new way to connect with a diverse audience across India.
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