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Home  Business

Business

Markets dip in early trade following record rally

Markets dip in early trade following record rally

  • Rupee climbs 5 paise to 83.45 against US dollar

    At the interbank foreign exchange market, the local unit opened at 83.48 and strengthened to 83.45 against the dollar, marking a 5-paise increase from its last close.
  • Hyderabad: Three-day 73rd Indian Pharmaceutical Congress from July 5

    A Revanth Reddy, a few cabinet Ministers would be attending the inaugural session, said IPCA president B Parthasaradhi Reddy here on Thursday.
  • Now, users will be able to make UPI payments to UAE merchants

    NPCI International Payments Limited partners with Network International, a large digital commerce company in Middle East and Africa for this
  • Sensex, Nifty reach new lifetime highs in early trade

    The 30-share BSE Sensex surged 388.84 points to a record high of 80,375.64 in early trade. The Nifty also rose 114.45 points to a lifetime peak of 24,400.95.
  • Rupee slips 5 paise to 83.54 against US dollar in early trade

    Forex traders noted that a positive trend in domestic equities, with benchmark indices reaching all-time highs, along with substantial foreign fund inflows, bolstered the rupee and limited its decline.
  • ‘Little yellow bird bids final goodbye’: Koo to shut down

    Homegrown micro-blogging platform, which secured over $60 million in funding, faced significant challenges in expanding user base and generating revenue over the past year
  • Japan rolls out first new banknotes in two decades to fight counterfeiting

    Prime Minister Kishida says people featured on the bills celebrate Japanese capitalism, women's equality, scientific innovation
  • Gold surges 12% YTD, outperforms major asset classes: WGC

    The surge was driven by ongoing central bank buying, robust Asian investment flows, resilient consumer demand, and persistent geopolitical uncertainties.
  • Rupee slips to 83.53 against US dollar in early trade

    Forex traders noted the rupee trading in a tight range, influenced by US dollar purchases from oil companies and Foreign Portfolio Investors (FPIs), which dampened investor sentiment.
  • Sensex hits historic 80,000 mark, Nifty at fresh lifetime high

    The BSE Sensex surged 597.77 points to reach a new all-time high of 80,039.22, while the Nifty rose 168.3 points to hit a fresh peak of 24,292.15.
  • Sensex, Nifty hit fresh lifetime highs in early trade

    Sensex jumps 379.68 points to hit a record peak of 79,855.87, Nifty climbs 94.4 points to reach lifetime high of 24,236.35
  • RBI signs pact to link UPI with 4 ASEAN countries for instant payments

    Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India’s UPI (Unified Payments Interface), with the fast payment systems of ASEAN members -- Malaysia, Philippines, Singapore, and Thailand.
  • AM Green MoU with SJVN Green Energy

    As a part of the agreement, the SGEL will supply 4,500 MW of carbon-free energy to AM Green’s upcoming green ammonia facilities and set up this capacity through solar and wind power, while AM Green will integrate it with pumped hydro storage to ensure a steady supply of green energy to AM Green facilities, a press release said.
  • Firm markets as blue-chip stocks surge, Asian equities rally

    In early trade, the BSE Sensex gained 69.63 points, reaching 79,102.36, while the Nifty rose 37.85 points to 24,048.45.
  • Rupee drops 9 paise to 83.43 against US dollar

    Forex traders noted that the domestic unit found support from a weaker US dollar and positive sentiment in the equity markets.
  • First e-marketplace for infrastructure materials, ServCrust launched in Hyderabad

    The Hyderabad-based startup aims to revolutionize traditional operations through advanced technology and streamlined processes.
  • Vodafone Idea too hikes tariffs for all prepaid, post-paid plans, effective from…

    Under new plans, tariffs are hiked between 11-24 per cent in different pre-paid and post-paid plans
  • Jio and Airtel announce tariff hikes. Check new prices for prepaid and postpaid plans

    Set to take effect from July 3, this marks the first major rate increase by a telco since 2021, aimed at boosting average revenue per user due to the high investments in 5G services.
  • Rupee rises 8 paise to 83.37 against greenback in early trade

    Forex traders say strength of dollar in overseas market, elevated crude oil prices weigh on local unit and restrict appreciation bias
  • India tops the charts in global AI research, Bengaluru 7th best AI Hub

    Bengaluru, with 759 AI startups has an aggregate score of 4.64, according to Linkee.ai which conducted research to identify top 10 leading AI Hubs in 2024
  • Sensex, Nifty hit new all-time highs in early trade

    BSE Sensex jumps 308.49 points to hit fresh record peak of 79,551.67, Nifty climbs 103.75 points to reach new high of 24,148.25
  • Drop in sale of residential units: Hyderabad real estate losing charm?

    Hyderabad appears to be dropping out of realty radar with a drastic drop in sales, which Anarock data puts at 23 per cent.
  • Value Gold launches Telangana’s first mobile gold buying services for rural areas

    Value Gold also launched its 5th branch at Chintal and has branches at Uppal, Kukatpally, Banjara Hills and Secunderabad.
  • Dr. Reddy’s Labs SA signs agreement with Haleonplc for purchase of Northstar Switzerland SARL shares

    The proposed acquisition will be inclusive of all formats such as lozenge, patch, gum as well as pipeline products, in all applicable global markets outside of the United States.
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