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Home  Business

Business

Markets rebound after three days of fall on optimism in global equities

Markets rebound after three days of fall on optimism in global equities

  • Markets fall for 3rd day on weak global equities, spike in Brent crude oil prices

    The 30-share BSE Sensex declined 115.81 points or 0.17 per cent to settle at 66,166.93. During the day, it fell 243.36 points or 0.36 per cent to 66,039.38
  • Rupee rises 2 paise to close at 83.28 against US dollar

    Forex traders said positive macroeconomic data supported the rupee, while geopolitical tensions, particularly the Israel-Hamas conflict, dented investor sentiments
  • T-Hub invests in BIVA in a $500K round

    The round was led by Equanimity Ventures, with participation from T-Hub, SucSeed Ventures, WarmUp Ventures, and value-additive angels
  • NCLAT suspends its judgement in Finolex matter after Supreme Court’s order for enquiry

    NCLAT on Monday suspended its order passed last Friday, pertaining to disclosure of the results of AGM of Finolex Cable
  • Wholesale inflation remains in negative for sixth month at -0.26 pc in September

    The wholesale price index-based inflation remained in the negative territory for the sixth straight month in September
  • Rupee rises 6 paise to 83.24 against US dollar in early trade

    Forex traders said falling domestic inflation, rise in industrial production figures and improvement in trade deficit aided the local unit.
  • Markets fall on weak Asian equities, spike in Brent crude oil prices

    The 30-share BSE Sensex declined 243.36 points to 66,039.38. The Nifty slipped 59.2 points to 19,691.85.
  • FPIs take out Rs 9,800-cr in Oct on rise in US bond yields, geopolitical uncertainties

    This came after Foreign Portfolio Investors turned net sellers in September and pulled out Rs 14,767 crore
  • Google-backed Adda247 cuts nearly 300 jobs: Report

    Founded by Anil Nagar and Saurabh Bansal in 2016, Adda247 caters to the learning needs of millions of students from tier 2 and 3 cities.
  • D-Mart Q2 net profit down 9 pc to Rs 623.35 cr, sales up 18.7 pc to Rs 12,624 cr

    The company had posted a net profit of Rs 685.71 crore in the July-September quarter a year ago, said Avenue Supermarts in a regulatory filing.
  • India likely to see 6.3 mn foldable smartphone shipments by 2027

    Increasing localisation of foldables, including flagship devices such as the Samsung Z Fold 5 and Flip 5, as well as Tecno foldables will steer the growth of the market, according to the data by market research firm CyberMedia Research
  • India extends 20 per cent export duty on parboiled rice till March

    The central government has extended the 20 per cent export duty on parboiled rice till March 31, 2024
  • Rupee falls 6 paise against US dollar

    Analysts said that the dollar index remained elevated above 106 after the US data showed the country's inflation slightly higher than estimated, raising expectations of further interest rate hikes by the US Federal Reserve.
  • 23 techies being sacked every hour for past 2 yrs, more layoffs in the offing

    Citing the global macroeconomic conditions, Big Tech firms and startups across the spectrum have fired employees, and layoffs continue to happen.
  • Infosys stock settle 2 pc lower

    The stock of the company declined 2.24 per cent to end at Rs 1,431.80 apiece on the BSE, emerging as one of the biggest laggards among the Sensex shares.
  • Stock market opens in red, sees subdued start; Surging inflation signals challenges for investors

    The stock market opened on a subdued note on Friday, with the Sensex and Nifty both experiencing a downturn as they began the trading day
  • Rupee trades flat at 83.24 against US dollar in early trade

    The rupee traded on a flat note at 83.24 against the US dollar in early trade on Friday
  • RBI fines Paytm Payments Bank for breach of norms

    The bank breached the regulatory ceiling of end of the day balance in certain customer advance accounts availing payout services
  • Double delight for Indian economy as inflation dips to 3-month low, factory output soars to 14-month high

    Annual retail inflation, called CPI or consumer price index, rose 5.02 per cent in September from 6.83 per cent in the previous month on the back of softer vegetable prices, according to data released by the National Statistical Office
  • 97% of Indian firms see hybrid, remote work beneficial for business: Report

    As many organisations are now implementing more structured approaches to work, about 50 per cent of hybrid workers spend half the work week at the office, according to the IT infrastructure and services company NTT.
  • NCLAT Chairperson calls for developing robust mechanism to regulate digital markets

    More than 600 delegates are expected to participate in the conference that concludes on Friday. Last time, this conference happened in India in 2013
  • Height of loot, hypocrisy: Congress on GST on Ganga water

    Congress on Thursday flayed the Modi government for reportedly imposing an 18 per cent GST on Ganga river water
  • Mukesh Ambani regains top spot on Forbes India rich list

    The combined wealth of India’s 100 wealthiest individuals remained steady at $799 billion this year.
  • Tesla Cybertruck to see nearly 120K deliveries in 2024

    Elon Musk-run Tesla's Cybertruck will reportedly witness 100,000 to 120,000 deliveries in 2024 and 240,000 to 260,000 deliveries in 2025.
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