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Home  Business

Business

Markets rally in early trade on firm global trends, foreign fund inflows

Markets rally in early trade on firm global trends, foreign fund inflows

  • Rupee surges 25 paise to 82.47 against US dollar in early trade

    The rupee registered the highest single-day gain in nearly two months and surged by 25 paise to 82.47 against the US dollar in early trade on Thursday
  • Shell Energy India to invest Rs 3,500 crore to set up renewable energy facility in Gujarat

    Shell Energy India on Wednesday said it will invest Rs 3,500 crore in Gujarat to set up a renewable energy facility, charging stations for electric vehicles, and an LNG regasification terminal, which would create nearly 4,300 jobs.
  • India: First time in 4 years, MFIs overtake banks in microlending

    As of March 2023, MFIs held a 40 per cent share of the overall microfinance loans, registering a 37 per cent growth, compared to banks' 34 per cent
  • Jio Financial Services shares see 5% drop, trigger lower circuit for 3rd day

    Now, JFSL will be removed from all the S&P BSE Indices effective prior to the opening of trading on August 29, 2023, it had said.
  • Markets pare early gains; trade lower amid continuous foreign fund outflows

    Foreign Institutional Investors (FIIs) offloaded equities worth Rs 495.17 crore on Tuesday, according to exchange data.
  • Rupee rises 7 paise against US dollar in early trade

    On Tuesday, the rupee had recovered from its all-time low levels and settled higher by 14 paise at 82.99 against the US dollar.
  • BSE, NSE impose Rs 2.24 lakh fine each on Adani Green Energy for non-compliance

    Adani Green Energy on Tuesday said BSE and National Stock Exchange have imposed a fine of Rs 2.24 lakh each on the company for certain non-compliance
  • Industry body PHDCCI submits recommendations related to housing, banking sectors to RBI

    Industry body PHDCCI has submitted several recommendations on issues related to the housing sector, banking and foreign trade to RBI
  • Sebi proposes body for administration, supervision of research analysts

    The Securities and Exchange Board of India has sought comments from the public on the proposals till September 12
  • China’s stocks hit nine-month lows as Chinese yuan weakens

    Chinese stocks hit nine-month lows and the yuan fell on Monday as the authorities' efforts to revive demand failed to inspire investors
  • Rupee rises 19 paise to close at 82.94 against US dollar

    Rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar
  • Sensex, Nifty close flat amid profit taking in financials, IT shares

    Sensex and Nifty closed flat after a volatile trade on Tuesday as investors booked profits amid concerns over potential rate hikes in the US and persistent foreign fund outflows
  • Price pressure in food items to be transitory; elevated inflation warrant greater vigil: FinMin

    Finance ministry on Tuesday said price pressure on food items is expected to be transitory, with tomato prices seeing a decline
  • Silver futures rise on spot demand

    Silver price on Tuesday climbed Rs 178 to Rs 71,840 per kilogram in futures trade as participants widened their bets on a firm spot demand.
  • Gold futures rise Rs 131 to Rs 58,621/10 gms

    Gold price on Tuesday increased Rs 131 to Rs 58,621 per 10 grams in futures trade as speculators created fresh positions on firm spot demand.
  • Economic Review: Global uncertainty and domestic disruptions to sustain high inflation

    The review highlighted the government's proactive steps to curb food inflation, anticipating relief as fresh stock arrives to alleviate price pressures.
  • Rupee rises 7 paise to 83.06 against US dollar in early trade

    Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Monday as they offloaded shares worth Rs 1,901.10 crore, according to exchange data.
  • Asian stocks rise, following Wall St, ahead of Federal Reserve conference

    The Fed indicated in minutes from its July meeting that it would make future decisions based on hiring, inflation and other data.
  • Jet Airways insolvency case: NCLAT reserves order on Jalan-Kalrock Consortium’s plea

    NCLAT reserved its order on Jalan-Kalrock Consortium's plea seeking more time to make payments to the lenders of the bankrupt Jet Airways
  • Rupee falls 3 paise to close at all-time low of 83.13 against US dollar

    At the interbank foreign exchange market, the local unit opened at 83.10 against the US dollar and moved in a range of 83.05 to 83.16 in the day trade.
  • Government funding key to unlocking digitalisation in future: Survey

    A majority (80 per cent) of small and medium enterprises in the country believe the government funding is key to unlocking digitalisation in the future.
  • China cuts interest rates as economy struggles

    China's central bank has cut one of its key interest rates for the second time in three months as the world's second-largest economy struggles to bounce back from the Covid-19 pandemic
  • Nifty ends higher on buying in metals, power and IT stocks

    Nifty ended higher on Monday aided by buying across metals, power and IT stocks, Deepak Jasani, Head of Retail Research, HDFC Securities
  • Sensex rebounds 267 pts on gains in Infosys, ITC

    Equity benchmark indices Sensex and Nifty closed higher on Monday after two days of decline, supported by buying in index majors Infosys, ITC and Bajaj Finance
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