The rupee fell sharply by 47 paise to close at 85.87 against the US dollar on Monday amid soaring global crude prices and a stronger greenback. Forex traders cited heavy dollar demand from oil importers and uncertainty over a US-India trade deal. Meanwhile, foreign investors sold equities worth Rs 760 crore.
The Nifty 50 index opened at 25,439.40, showing almost no change, while the BSE Sensex was also trading flat at 83,371.63, down by 61.26 points or 0.07 per cent.
The 30-share BSE Sensex went up by 67.34 points to 83,306.81 in opening trade. The 50-share NSE Nifty inched higher by 23.55 points to 25,428.85. From the Sensex firms, Bajaj Finance, Bajaj Finserv, Bharat Electronics, Hindustan Unilever, HDFC Bank and Kotak Mahindra Bank were among the major gainers
Indian stock markets opened slightly higher on Thursday, but investors are cautious. A key worry is the upcoming US tariff deadline, with global trade uncertainties keeping traders on edge despite positive domestic market factors
Market experts noted that despite the opening gains, Indian equities are likely to remain range-bound in the near term due to persistent foreign portfolio investor (FPI) outflows. However, they also believe that the upcoming corporate earnings season will determine the next direction for the markets
India's manufacturing sector growth rose to a 14-month high of 58.4 in June marked by improved trends in output and new orders, alongside a record upturn in employment, a monthly survey said on Tuesday
On Tuesday, Indian stock markets, Sensex and Nifty, started the day higher, recovering from previous losses. This rebound was driven by positive global market trends and strong buying interest in major companies like Reliance Industries and HDFC Bank. The Sensex rose by 177.79 points to 83,784.25, while the Nifty gained 51.2 points to 25,568.25
The report attributes the moderation in growth to weaker momentum and unfavourable base effects. Excluding the merger impact of HDFC Ltd with HDFC Bank – which took effect on July 13, 2023 – the adjusted credit growth stood at 10.6 per cent as on 13 June 2025, compared to 15.5 per cent a year earlier
The report highlighted that while oil prices may not surge sharply, the widening trade deficit will be driven mainly by weak performance in non-oil exports. On the other hand, imports are expected to stay strong due to the strength in domestic growth
Gold reserves were down by USD 5.73 million to stand at USD 85.74 billion during the week, the apex bank's data shows, while the special drawing rights were down USD 85 million to USD 18.67 billion
Senators were working through the weekend to pass the bill and send it back to the House for a final vote. Democrats are united against it. Here's the latest on what's in the bill. There could be changes as lawmakers negotiate
Reserve Bank of India (RBI) announced that India's current account, which tracks money flowing in and out of the country for trade and services, had a surplus of 13.5 billion dollars from January to March 2025. This is a significant improvement compared to the 4.6 billion dollar surplus in the same period last year
Senators were working through the weekend to pass the bill and send it back to the House for a final vote. Democrats are united against it. Here's the latest on what's in the bill. There could be changes as lawmakers negotiate
29 June,2025 08:18 AM IST | Washington | APReserve Bank of India (RBI) announced that India's current account, which tracks money flowing in and out of the country for trade and services, had a surplus of 13.5 billion dollars from January to March 2025. This is a significant improvement compared to the 4.6 billion dollar surplus in the same period last year
27 June,2025 06:45 PM IST | Mumbai | PTIFinance Minister Nirmala Sitharaman has urged public sector banks to ramp up lending following the RBI’s 50-basis point repo rate cut to 5.5 per cent. During a performance review, she lauded record FY25 profits of Rs 1.78 lakh crore and low NPAs. She also stressed enhancing financial inclusion .
27 June,2025 06:36 PM IST | New Delhi | mid-day online correspondentThe Nifty 50 index opened at 25,576.65, up by 27.65 points or 0.11 per cent. The BSE Sensex also opened higher at 83,774.45, gaining 18.58 points or 0.02 per cent
27 June,2025 09:59 AM IST | Mumbai | ANIMumbai Metropolitan Region (MMR) and Pune together made up nearly 48 per cent of all housing sales, despite annual drops of 25 per cent and 27 per cent respectively
26 June,2025 04:09 PM IST | Mumbai | mid-day online correspondentADVERTISEMENT
Domestic stock markets opened on flat but on a positive note on Thursday as geopolitical tensions eased and investors adopted a wait-and-watch approach ahead of the US tariff deadline on July 9. Nifty Nifty 50 index opened at 25,268.95, while the Sensex opened at 82,886.41, up by 130.90 points
26 June,2025 09:59 AM IST | Mumbai | ANI
Reliance Industries Chairman and Managing Director Mukesh Ambani said investments in building the telecom major Jio were the "biggest risk" he took, despite skepticism from analysts who doubted India's readiness for the necessary digital infrastructure.
25 June,2025 11:52 AM IST | Mumbai | ANI
In an unusual move, the government has demoted Union Bank of India Executive Director (ED) Pankaj Dwivedi to General Manager (GM). The central government hereby cancels the appointment of Pankaj Dwivedi as ED, Union Bank of India, made vide Department of Financial Services' notification dated March 27, 2024
25 June,2025 11:18 AM IST | New Delhi | PTI
In Asian markets, South Korea's Kospi, Shanghai's SSE Composite index and Hong Kong's Hang Seng were trading higher while Japan's Nikkei 225 index quoted marginally lower
25 June,2025 10:07 AM IST | Mumbai | PTI
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The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you.
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-1751029864193_d.png "India's current account swings to surplus in January-March quarter, says RBI")
