The Indian rupee appreciated by 6 paise to 85.07 against the US dollar on Friday after hitting an all-time low of 85.13 on Thursday. Forex traders anticipate further pressure on the currency due to persistent demand for the US dollar and global economic factors.
20 December,2024 10:20 AM IST | Mumbai
The Indian stock markets experienced a decline in early trade on Friday, with the BSE Sensex falling by 214 points and Nifty dipping by 63.8 points, driven by continued foreign fund outflows and concerns over US Federal Reserve policies.
20 December,2024 10:11 AM IST | Mumbai
Indian stock indices fell sharply on Thursday, driven by a global sell-off sparked by the US Federal Reserve's revised rate cut projections for 2025. The Nifty 50 and BSE Sensex saw significant losses amid weak global cues.
19 December,2024 09:58 AM IST | Mumbai
The Indian rupee dropped to an all-time low of 85.06 against the US dollar, driven by a hawkish US Federal Reserve outlook, a rising dollar, and foreign fund outflows.
19 December,2024 09:49 AM IST | Mumbai
Indian equity markets saw early losses as investors adopted a cautious stance ahead of the US Fed’s interest rate decision, with major stocks like Reliance and HDFC Bank witnessing selling pressure.
17 December,2024 10:53 AM IST | Mumbai
The Indian rupee touched a new all-time low of 84.92 against the US dollar in early trade on December 17, impacted by rising foreign fund outflows, a growing trade deficit, and an increase in gold imports. Analysts suggest the rupee will remain under pressure.
17 December,2024 10:42 AM IST | Mumbai
Benchmark indices Sensex and Nifty declined in early trade on Monday, reflecting weak global trends and caution ahead of WPI inflation data.
16 December,2024 10:11 AM IST | Mumbai
The Sensex and Nifty both experienced significant declines in early trade on Friday, falling by over 400 points and 120 points respectively, as metal stocks took a hit and foreign institutional investors continued to offload equities.
13 December,2024 10:22 AM IST | Mumbai
The Indian rupee slipped by 2 paise to 84.85 against the US dollar due to foreign fund outflows, rising crude oil prices, and a higher dollar index. The domestic currency's decline comes ahead of key inflation data.
12 December,2024 09:41 AM IST | Mumbai
The Indian rupee appreciated by 8 paise to 84.78 against the US dollar in early trade on December 10, aided by foreign fund inflows and positive trends in domestic equities.
10 December,2024 10:55 AM IST | MumbaiADVERTISEMENT
