The Sensex and Nifty declined sharply in early trade on Wednesday, pressured by falling bank stocks and weak trends in Asian markets. Analysts remain cautiously optimistic about potential support from Domestic Institutional Investors.
30 October,2024 10:25 AM IST | Mumbai
The Indian rupee opened steady but fell by 2 paise to 84.07 against the US dollar in early trade, weighed down by persistent foreign fund outflows and muted domestic equities. Analysts suggest ongoing pressure on the rupee due to these factors.
30 October,2024 10:17 AM IST | Mumbai
The Indian rupee settled flat at 84.07 against the US dollar, supported by positive domestic markets and declining crude oil prices, though persistent foreign fund outflows continue to exert pressure on the currency.
29 October,2024 04:48 PM IST | Mumbai
Sensex and Nifty closed higher for the second consecutive session, driven by strong buying in banking stocks and support from global market trends.
29 October,2024 04:44 PM IST | Mumbai
The rupee opened on a flat note, trading at 84.08 against the dollar, amid sustained foreign fund outflows and a robust US dollar, with domestic equities showing a weak trend and oil prices slightly easing.
29 October,2024 10:25 AM IST | Mumbai
Indian equity markets opened lower on Tuesday with both Sensex and Nifty slipping due to ongoing foreign fund outflows and subdued corporate earnings. Bharti Airtel saw a notable decline despite a rise in profits, while NTPC and ICICI Bank showed gains.
29 October,2024 10:18 AM IST | Mumbai
Adani Power reports a 50 percent decline in Q2 net profit to Rs 3,297.52 crore, impacted by reduced one-time revenue recognition and higher tax expenses. Despite the downturn, the company emphasises future expansion and stability with new capacity and supply agreements.
28 October,2024 04:31 PM IST | Mumbai | mid-day online correspondent
The Sensex broke a five-day losing streak, rising 602 points, driven by gains in ICICI Bank and positive cues from global markets. A significant drop in crude prices and DII support boosted sentiment, helping the NSE Nifty rise by 158 points.
28 October,2024 04:15 PM IST | Mumbai
The rupee remained steady with a slight gain, closing at 84.07 against the US dollar on Monday, supported by lower crude prices and strong domestic equities. Persistent foreign fund outflows, however, kept the currency under pressure.
28 October,2024 04:06 PM IST | Mumbai
The Indian stock market rebounded significantly during midday trading on Monday, with the Sensex gaining over 1,100 points and the Nifty rising by approximately 300 points, indicating a shift in investor sentiment as FII selling pressure eases.
28 October,2024 02:19 PM IST | MumbaiADVERTISEMENT
