Indian stock market benchmarks, the Sensex and the Nifty 50, ended in positive territory for the third consecutive session amid mixed global cues. At close, the 30-share BSE benchmark Sensex inches 328 points or 0.45 percent higher, settling at 73,105. Meanwhile, NSE Nifty witnessed a gain of 114 points or 0.51 percent, closing at 22,218.
Key Asian stocks ended mixed today. Japan’s Nikkei-225 jumped 0.46 percent, Singapore’s Straits Times Index added 0.29 percent and South Korea’s Kospi was marginally up by 0.11 percent. Whereas, Hong Kong’s Hang Seng Index slipped 0.22 percent and China’s Shanghai Composite fell 0.07 percent. Major European markets exhibited mixed behaviour. London’s FTSE-100 was marginally
In the forex market, the rupee closed at 83 rupees and 51 paise against the US dollar today. The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies was down at 105.19 in intra-day trade
India’s domestic coal stock has surged by 26 percent this year to reach 149 million tonnes. Coal Minister Pralhad Joshi in a social media post informed that the country’s production grew by 7.31 percent in April. He also said that the dispatch to power sector has increased by 5.43 percent Year-on-Year. Mr. Joshi also asserted
In the forex market, the rupee closed at 83 rupees and 53 paise against the US dollar today. The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies was down at 105.28 in intra-day trade.
Gold prices slipped marginally in the futures market on Saturday. The precious metal was lower by 5 rupees or 0.1 per cent, trading at 72,722 rupees per ten grams. However, Silver futures for July contracts were up by 74 rupees or 0.9 per cent, trading at 84,984 rupees per kilogram, when the reports last came
Foreign portfolio investors (FPIs) have been on a selling spree in May, offloading over Rs 17,000 crore worth of Indian equities. This trend has been influenced by the rise in US bond yields and the stronger performance of Chinese and Hong Kong markets. According to the data provided by National Securities Depository Ltd (NSDL), FPIs
Factory output, as measured by the Index of Industrial Production (IIP), rose to 4.9 per cent, much higher than the 1.9 per cent recorded in the same month last year. However, the latest IIP figure was lower than the 5.7 per cent recorded in February 2024. For the full financial year 2023-24, the factory output
The pound rose today after data showed the British economy beat expectations in the first quarter of the year, growing 0.6 percent and leaving behind 2023’s mild recession. Sterling was last up 0.1 percent at 1.2537 dollar, having traded at 1.2516 dollar before the figures were released. The pound is slightly higher so far
Benchmark equity indices ended higher today, led by gains in heavyweight stocks. However, the indices logged their worst week in two months as they lost nearly two percent this week. Recovering from the sharp decline in the previous trade, the 30-share BSE Sensex climbed 260 points or 0.36 percent, settling at 72,664. Meanwhile, the