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Sensex tanks 2,401.49 points to 78,580.46 in early trade, NSE Nifty tumbles 489.65 points to 24,228.05
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Forex traders say the hike in capital gains tax and removal of indexation benefits in the FY25 Budget led to increased dollar buying, as foreign investors sold off stocks. 💵📉 #Budget2024 #Forex #MarketUpdate
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Forex traders said a rebound in crude oil prices weighed on the rupee, and weak Asian and European currencies may further dampen investor sentiment.
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The 30-share BSE Sensex rose 245.32 points to reach 80,170.09 in early trade, while the NSE Nifty increased by 78.2 points to 24,402.65.
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Starting the trade on a weak note, the 30-share BSE Sensex fell further by 204.39 points to 79,792.21, while the NSE Nifty dropped 40.75 points to 24,283.10
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BSE Sensex Surges 250.72 Points to 77,588.31; NSE Nifty Up 71.7 Points to 23,587.70
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The 30-share BSE Sensex fell 206.18 points to 76,604.72, while the NSE Nifty dropped 61.5 points to 23,337.40.
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Forex traders note rupee trading in a tight range amid focus on US May CPI and Fed rate decision, as well as India's Consumer Price Index (CPI).
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Forex traders noted that early deals were affected by a sluggish trend in domestic equity markets, dampening sentiments.
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The 30-share BSE Sensex surged 269.28 points to reach a record high of 75,679.67 in early trading. Meanwhile, the NSE Nifty rose 86.1 points, achieving a new all-time high of 23,043.20.
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In early trade, BSE Sensex rises 41.65 points to 74,262.71; NSE Nifty up 20.1 points to 22,617.90.
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BSE Sensex Drops 185.42 Points to 73,478.30; NSE Nifty Falls 50.35 Points to 22,353.50
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In early trade, the 30-share BSE Sensex surged 138.53 points to reach 73,243.14, while the NSE Nifty rose by 60.7 points to 22,278.55.
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Kotak Mahindra Bank's stock plummeted by over 12% from the Sensex basket following RBI's restriction on online customer onboarding and credit card issuance.
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BSE Sensex Up by 273.65 Points, NSE Nifty Climbs 83.85 Points in Early Trade
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The BSE Sensex rose by 381.78 points to reach a record high of 75,124.28, while the NSE Nifty climbed 99 points to hit a new peak of 22,765.30.
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In early trading, the BSE Sensex rose by 270.18 points to reach 72,740.48, while the NSE Nifty increased by 87.35 points, reaching 22,092.05.
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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.
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The 30-share BSE Sensex declined 115.41 points to 65,424.01. The NSE Nifty slipped 41.35 points to 19,423.65.
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At the interbank foreign exchange, the domestic unit opened at 83.10, then touched a high of 82.99 against the American currency, registering a rise of 9 paise over its last close.