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Rupee hits all-time low as foreign fund outflows and inflation weigh on markets

Rupee hits all-time low as foreign fund outflows and inflation weigh on markets

The rupee slipped to an all-time low of 84.40 against the US dollar, pressured by persistent foreign fund outflows and rising inflation. The Reserve Bank’s intervention has limited sharper declines, but global pressures continue to weigh on the rupee and domestic equities.

13 November,2024 10:35 AM IST | Mumbai
Markets dip as inflation rises to 14-month high and foreign outflows persist

Markets dip as inflation rises to 14-month high and foreign outflows persist

Equity markets declined in early trading on Wednesday as retail inflation surged to 6.21% in October, driven by rising food prices. Continued foreign fund outflows, weak quarterly earnings, and global market trends further pressured the BSE Sensex and NSE Nifty.

13 November,2024 10:29 AM IST | Mumbai
Mid-Day Top News at this hour: Nifty rise, ED raids in jharkhand, and more

Mid-Day Top News at this hour: Nifty rise, ED raids in jharkhand, and more

Stay informed with the latest developments in the nation, Mumbai, entertainment, sports, and more. Let's dive into the headlines shaping our world today

12 November,2024 11:27 AM IST | Mumbai
Sensex, Nifty rise in early trade on value buying and market optimism

Sensex, Nifty rise in early trade on value buying and market optimism

The Sensex and Nifty gained in early trade on Tuesday, driven by value buying and sustained investments from domestic institutional investors. The rally followed optimism in the US markets.

12 November,2024 10:20 AM IST | Mumbai
Markets drop over 400 points in early trade amid outflows and weak earnings

Markets drop over 400 points in early trade amid outflows and weak earnings

The Sensex and Nifty indices fell in early trade on Monday, weighed down by continued foreign fund outflows, disappointing quarterly earnings, and weak Asian market trends. Stocks like Asian Paints saw sharp declines, while a few others showed gains.

11 November,2024 10:13 AM IST | Mumbai
FPI's offload rs 19,994 crore in november's first five trading sessions

FPI's offload rs 19,994 crore in november's first five trading sessions

Foreign portfolio investors (FPIs) have sold Rs 19,994 crore worth of Indian equities in the first five trading sessions of November, exacerbating market volatility and raising concerns over stability.

09 November,2024 02:34 PM IST | New Delhi
Sensex, Nifty dip as foreign fund outflows continue amid mixed global trends

Sensex, Nifty dip as foreign fund outflows continue amid mixed global trends

The Sensex and Nifty fell in early trade, impacted by sustained foreign fund outflows and weak performances from key stocks. Analysts attribute the decline to inflation concerns, investor exits, and cautious sentiment ahead of RBI’s upcoming policy review.

08 November,2024 10:44 AM IST | Mumbai
Stock market update: Markets fall in early trade after two days of rally

Stock market update: Markets fall in early trade after two days of rally

From the 30-share Sensex pack, Bajaj Finserv, UltraTech Cement, Power Grid, ICICI Bank, Bajaj Finance, Kotak Mahindra Bank, Adani Ports and Nestle were among the biggest laggards

07 November,2024 10:33 AM IST | Mumbai | mid-day online correspondent
Sensex surges 901 points, Nifty crosses 24,484 as IT stocks lead rally

Sensex surges 901 points, Nifty crosses 24,484 as IT stocks lead rally

Sensex soared by 901 points to reach 80,378, while Nifty climbed 270 points to close at 24,484, supported by strong IT stocks and broad-based sector gains.

06 November,2024 03:50 PM IST | Mumbai
Sensex, Nifty rise in early trade on IT stock gains as global sentiment improves

Sensex, Nifty rise in early trade on IT stock gains as global sentiment improves

In early Wednesday trading, Sensex and Nifty indices climbed, driven by buying in IT stocks and positive cues from Wall Street. HCL Technologies, Infosys, and TCS were among the key gainers, while Titan and Tata Steel saw losses. FIIs and DIIs showed mixed activity, with overall positive sentiment across key markets.

06 November,2024 10:24 AM IST | Mumbai

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