Business

February 12, 2025 1:21 PM

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Sensex and Nifty trade with modest losses

Benchmark domestic equity indices, Sensex and Nifty, were trading with modest losses in the afternoon trade today, recovering from deeper cuts suffered in the early deals.      The 30-share BSE Sensex slipped 140 points, or 0.18 per cent, to 76,154 and the NSE Nifty50 dropped 25 points, or 0.11 per ...

February 11, 2025 8:25 PM

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Sensex, Nifty Plunge Over 1% Amid US Tariff Concerns; Rupee Appreciates

Benchmark domestic equity indices today plunged 1.32 percent each as US President Donald Trump's decision to impose 25 percent tariffs on steel and aluminium imports dampened market sentiments.   The 30-share index at the Bombay Stock Exchange, Sensex, slumped 1,018 points to close at 76,294. Simila...

February 11, 2025 8:23 PM

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Gold & Silver Prices Decline in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over 0.9 percent down at 85,210 rupees per 10 grams, and Silver 999 Fine was also trading over 1.7 percent down at 94,110 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was trading with losses today. The precious ...

February 11, 2025 6:51 PM

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Asian Markets Mixed; Hang Seng, Shanghai Fall, Kospi Gains

Three out of five major Asian indices ended in negative territory today. Hong Kong's Hang Seng dropped over one percent, Singapore's Straits Times index lost over 0.3 percent, and China's Shanghai Composite index fell 0.12 percent. Conversely, South Korea's Kospi added 0.7 percent. Meanwhile, Japan'...

February 11, 2025 6:50 PM

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Oil Prices Rise on Supply Concerns, Brent Hits $76.79

Oil prices extended gains today amid concerns over Russian and Iranian oil supply and sanctions threats. Brent Crude was trading over 1.2 percent up at 76 dollars and 79 cents per barrel, and WTI Crude gained over 1.1 percent to trade at around 73 dollars and 16 cents per barrel when reports last ca...

February 11, 2025 6:43 PM

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Rupee Gains 64 Paise, Closes at 86.83 Against US Dollar

In the Forex market, the rupee today appreciated by 64 paise to settle at 86 rupees and 83 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 108.28 in intraday trade.

February 11, 2025 6:37 PM

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US Stocks Rise as AI, Steelmaker Shares Surge on Tariff Announcement

US stocks closed higher yesterday, led by artificial intelligence-related stocks, while US steelmakers' stocks surged after President Donald Trump announced he would impose additional tariffs on steel and aluminium imports. The Nasdaq Composite gained nearly one percent, the S&P 500 rose over 0....

February 11, 2025 6:04 PM

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Sensex Sinks 1,018 Points, Nifty Falls 310

Benchmark domestic equity indices today plunged 1.32 percent each as US President Donald Trump's decision to impose 25 percent tariffs on steel and aluminium imports dampened market sentiments. This marks the fifth consecutive day of declines for both indices. The 30-share index at the Bombay Stock ...

February 10, 2025 7:26 PM

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Oil Prices Rise as Markets React to Trump’s Tariff Threat

Oil prices rose today as investors weighed US President Donald Trump's latest tariff threat on all steel and aluminium imports. Brent Crude was trading over 1.3 percent up at 75 dollars and 67 cents per barrel, and WTI Crude gained almost 1.4 percent to trade at around 71 dollars and 99 cents per ba...

February 10, 2025 5:21 PM

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Sensex Drops 548 Points, Nifty Falls 178 Amid Broad Market Sell-Off

Benchmark domestic equity indices today ended with a loss of around 0.7 percent amid mixed global cues and a sell-off across all sectors. The 30-share index at the Bombay Stock Exchange, Sensex, shed 548 points to close at 77,312. Similarly, the National Stock Exchange Nifty-50 fell 178 points to se...