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Home  Business

Business

Markets decline in early trade on profit-taking

Markets decline in early trade on profit-taking

  • Rupee gains 10 paise to 83.53 against US dollar in early trade

    Forex traders noted that the US dollar weakened against major currencies following a sharp drop in consumer confidence, which fell to 98.7 from 105.6 in August, the largest decline in three years. At the interbank foreign exchange market, the rupee opened at 83.59 against the dollar, then rose to 83.54, gaining 10 paise from its previous close.
  • Revolt Motors receives over 16,000 bookings for RV1, RV1+ within one week of launch

    The RV1 and its premium variant, RV1+, are offered at an introductory price of ₹ 84,990 for the RV1 and ₹ 99,990 for the RV1+.
  • Sensex hits 85,000 for first time, Nifty trades at all-time high

    Nifty midcap 100 index was up 147 points or 0.24 per cent at 60,860 and Nifty smallcap 100 index was up 37 points or 0.19 per cent at 19,586
  • After three days of record rally, markets decline in early trade

    While 30-share BSE Sensex declines 212.54 points to 84,716.07 in early trade, NSE Nifty drops 52.2 points to 25,886.85
  • Domestic equity markets hit fresh all-time high in early trade

    Sensex jumps 318.58 points to hit all-time high of 84,862.89, NSE Nifty surges 120.75 points to reach new record high of 25,911.70
  • Overwhelming response for iPhone 16 in India, Pro Max models in demand

    As per trade experts, the demand has been at a new high owing to attractive financing offers, trade-in schemes and a growing craze to own most advanced iPhones ever made
  • Qualcomm approaches Intel about potential acquisition

    Multiple reports on Saturday indicated that Qualcomm is exploring a potential "full takeover" of the US semiconductor manufacturer Intel. The Wall Street Journal first revealed that while a deal is "far from certain," the two companies have engaged in discussions.
  • Hyderabad witnesses marginal drop in home registrations in August

    The report documents that the number of registrations stood at 6,439, marginally dropped  by 1 per cent YoY, compared to 6,493 last August.
  • Sensex, Nifty rise as global markets rally after US fed rate cut

    The 30-share BSE Sensex surged 439.75 points to 83,624.55 in early trade, while the NSE Nifty rose 132.05 points to 25,547.85. Among the top gainers from the 30 Sensex firms were JSW Steel, Tata Steel, Mahindra & Mahindra, Larsen & Toubro, Bajaj Finserv, and Maruti.
  • Rupee gains for third straight session, rises 9 paise to 83.56 against US dollar

    Falling crude oil prices provided support to the Indian currency, though it was partially weighed down by foreign fund outflows, according to forex traders. At the interbank foreign exchange market, the rupee opened at 83.63 and strengthened to 83.56 against the US dollar, trading 9 paise higher than its previous close.
  • ‘Made in India’ iPhone 16 goes on sale, thousands queue up in front of Apple stores

    At Apple BKC, customers from various cities such as Ahmedabad, Surat, Madhya Pradesh, Nagpur, Indore, Bengaluru, Goa, Nashik and Nanded waited overnight to make purchases
  • Pre-orders for ‘made in India’ iPhone 16 surges, set to break export records

    Ongoing channel checks indicate that the iPhone 16 Pro models are attracting significant buyer interest due to their strategic and accessible pricing compared to the iPhone 15 series. The new iPhones will be available at Apple retail and online stores in India—Apple BKC in Mumbai and Apple Saket in New Delhi—starting September 20, along with authorized sellers.
  • Tupperware files for bankruptcy: What caused the iconic brand to go bust?

    Florida-based suffering from waning sales, rising competition, limitations of direct-to-consumer marketing model that once defined its success
  • Sensex, Nifty hit record highs after US fed rate cut

    The 30-share BSE Sensex soared 735.95 points, reaching a new all-time high of 83,684.18 in early trade. Similarly, the NSE Nifty climbed 209.55 points, hitting a fresh record of 25,587.10.
  • Rupee rises 6 paise to 83.70 after US fed rate cut

    Forex traders noted that the rupee gained support from lower crude oil prices, positive domestic equity markets, and an inflow of foreign funds. However, they added that the strengthening U.S. dollar limited further gains for the local currency.
  • Hyderabad’s real estate market: Buying is a better option or renting?

    According to Anarock Research, rental values in Hyderabad's key micro-markets have increased substantially between the end of 2021 and H1 2024.
  • Telangana stall attracts investors at global renewable energy meet

    According to TGREDCO Vice-Chairman & Managing Director Vavilla Anila, European Union's Energy Climate Action and Environment Counselor Bartosz Przywara, along with his delegation, visited the Telangana stall and assured cooperation for renewable energy projects in the State.
  • Equity indices fall after record rally, IT stocks drag ahead of US fed interest rate decision

    The 30-share BSE Sensex dropped 130.24 points to 82,949.42, while the NSE Nifty fell 37.75 points to 25,380.80. Tech Mahindra, Infosys, TCS, HCL Technologies, Asian Paints, and Sun Pharma were the top losers among the 30 Sensex firms.
  • Samir Kumar appointed as Amazon India operations head

    This comes after abrupt exit of Manish Tiwary reportedly after several differences with Amit Agarwal, Amazon's senior vice president for Emerging Markets
  • Revolt Motors launches India’s first electric motorcycle in commuter segment

    With the fast-charging technology, the RV1+ can get fully charged in just 1.5 hours
  • Triumph Motorcycles adds new member to modern classic line-up, launches ‘Speed T4’

    The Speed T4 is the latest member of the Triumph 400 cc modern classic family.
  • HYDRAA demolitions hit real estate sector in Hyderabad; Property buyers apprehensive

    A few managements are even being forced to issue public statements stating that their properties were not in such encroached or illegal areas
  • Hyderabad: Adishwar Auto Ride offers special benefits on purchase of Benelli, Zontes Superbikes

    For adventure seekers, this festive season offers an unbeatable chance to own Benelli’s iconic TRK model range, with 2 years complimentary service worth Rs.30,000. The prices start at Rs. 5.85 lakh.
  • Bajaj Housing Finance shares debut at Rs 150, 114% premium over issue price

    Bajaj Group's housing finance arm became the most sought-after IPO of the year, with its public issue subscribed 63.61 times on the final day. The institutional investors' reserved quota saw the highest demand, subscribed over 200 times. Although the IPO size was Rs 6,560 crore, it received subscriptions worth Rs 3.23 lakh crore.
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