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The rupee remained volatile in early trade amid easing crude oil prices and sharp intraday recovery, but uncertainty over the India-US trade deal and sustained foreign fund outflows kept pressure on the currency despite supportive domestic equity market cues
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The rupee weakened to 90.11 per US dollar amid high crude prices and persistent FPI outflows. Strong corporate dollar demand, RBI’s recent rate cut impact, and anticipation of the Fed’s policy decision added pressure, while India–US trade talks begin December 10
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Sensex and Nifty rebounded in early trade, tracking global gains and expectations of a US Federal Reserve rate cut. Strong foreign fund inflows boosted market sentiment, with major Asian indices trading higher, though select domestic stocks lagged amid ongoing volatility
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Forex traders say indication of some recovery in domestic equity markets prevented the fall in local unit
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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
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Tech Mahindra, Infosys, HCL Technologies biggest gainers; Tata Steel, Hindustan Unilever, Kotak Mahindra Bank among laggards
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European markets were trading on a mixed note. The US markets ended in positive territory on Monday.
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New Delhi: Crude oil futures on Tuesday declined by 0.46 per cent to Rs 8,682 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for July delivery fell by Rs 40 or 0.46 per cent to Rs 8,682 per barrel with a business volume of 6,186 lots. […]
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New Delhi: Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to Assembly elections in five States, including UP, despite international oil prices jumping to a 13-year high of USD 140 per barrel. West […]
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Hyderabad: The rupee hit an all-time low of nearly 77 a dollar on Monday after Brent crude – the global oil benchmark – surged to settle around $ 130 after touching $ 139 a barrel. The prices of crude at this point of time are the highest level since July 2008 after the US said […]
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Brent crude oil briefly surged over $10 to nearly $130 a barrel early Monday. Benchmark U.S. crude was up nearly $9 at more than $124 a barrel.
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TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries.
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M&M was the top gainer in the Sensex pack, rising over 1 per cent, followed by L&T, HDFC, ITC, Axis Bank and HDFC Bank.
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PowerGrid was the top gainer in the Sensex pack, rising over 2 per cent, followed by ITC, M&M, Bajaj Auto, ICICI Bank and Tata Steel.
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Tata Steel was the top gainer in the Sensex pack, rising over 2 per cent, followed by NTPC, SBI, Axis Bank, HDFC Bank and PowerGrid.
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HDFC was the top gainer in the Sensex pack, rising around 2 per cent, followed by Kotak Bank, IndusInd Bank, Reliance Industries and Axis Bank.
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M&M was the top gainer in the Sensex pack, rising over 2 per cent, followed by Tech Mahindra, Titan, Bajaj Finserv, IndusInd Bank and Asian Paints.
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IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by M&M, Maruti, Bharti Airtel, Sun Pharma and NTPC.
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IndusInd Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by Titan, Tata Steel, M&M, Bajaj Finance and SBI.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent down at 92.02.