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U.S. crude oil prices pushed past $80 with the global benchmark Brent crude also enjoying its first weekly gain since mid-April on Chinese industrial output data and U.S. consumer prices, both of which came in more favorably than anticipated for April. Brent crude increased by 0.8 percent to 83 dollars 98 cents per
U.S. stocks ended mostly higher on Friday, with the Dow Jones Industrial Average’s modest gains taking the blue-chip gauge to a finish above 40,000 for the first time ever. The Dow gained 134 points, or 0.3 percent to close at 40,003, clinching a fresh record peak. The S&P 500 rose 6 points, or 0.1
Continuing the positive momentum for the third straight day in sync with global markets, the Indian stock market ended Saturday’s special session on a positive note with Sensex ending above the 74,000 level and Nifty crossing the 22,500 mark. Both Sensex and Nifty closed with 0.1 percent gains in a special trading session. Volumes were
Positive domestic markets and the expectation of fresh foreign inflows made the Rupee appreciate in the forex market today. The rupee appreciated 17 paise to close at 83 rupees and 33 paise against the US dollar on Friday.
Gold price witnessed a slight increase today. The Precious Metal, for 5th June 2023 contract was trading at 73,070 rupees per 10 grams. Silver for 5th July 2023 contract also increased today and trading at 87,719 rupees per Kilogram, when reports last came in.
Three out of five major Asian Indices ended positive today. China’s Shanghai Composite Index rose one percent, Singapore’s Straits Times index gained 0.26 percent, Hong Kong’s Hang Seng Index climbed 0.9 percent. On the other hand, South Korea’s Kospi lost one percent, and Japan’s Nikkei fell 0.34 percent. European Markets All 3 European
The Benchmark indices Sensex and Nifty ended in green today amid negative queues from the global share markets. The BSE Sensex advanced 253 points, or 0.34 percent, to close at 73,917 points. The NSE Nifty gained 62 points, or 0.28 percent, to settle at 22,466 points. In the broader market at the BSE, the Mid-Cap
The Benchmark indices Sensex and Nifty rose nearly 1 percent today. amid Positive queues from the Global share markets. The BSE Sensex gained 677 points, or 0.93 percent, to close at 73664. The NSE Nifty also rose 203 points, or 0.92 percent, and settled at 22404. In the broader market at the BSE, the
Two out of 5 Asian Major Indices are positive today. South Korea’s Kospi added 0.1 percent, Japan’s Nikkei rose 0.08 percent, China’s Shanghai Composite Index fell 0.83, Singapore’s Straits Times index lost 0.73 percent and Hong Kong’s Hang Seng Index lost 0.22 percent. Two out of 3 Europe’s major Indices are in Green today.
An Indian digital payments and financial services portal PhonePe has been launched in Sri Lanka today. Speaking at the launching event, High Commissioner of India to Sri Lanka Santosh Jha said that the launch of UPI and subsequently today’s launch of PhonePe is part of a broader agenda of connectivity. Noting that digital transformation has