Business

November 12, 2024 5:46 PM

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US stocks rise, Dow Jones up 0.6%

US stocks logged gains yesterday, led by a surge in stocks expected to benefit from Republican President-elect Donald Trump's potential fiscal policies. The Dow Jones Industrial Average advanced over 0.6 per cent, the S&P 500 gained 0.1 per cent, and the Nasdaq Composite was marginally up 0.06 p...

November 12, 2024 5:41 PM

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Rupee closes steady at 84.39 against US dollar

In the Forex market, the rupee today ended unchanged at 84 rupees and 39 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 105.83 in intra-day trade.

November 12, 2024 5:35 PM

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Sensex tanks 820 points, Nifty below 24,000

Domestic benchmark equity indices today plunged over one per cent, amid a sell-off across sectors. The 30-share BSE Sensex tanked 821 points, or 1.03 per cent, to close at 78,675, while the NSE Nifty 50 dipped 258 points, or 1.07, to settle at 23,883.                                           The br...

November 11, 2024 9:19 PM

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Gold, silver prices fall in Indian Bullion Market

In the Indian Bullion Market, the 24 Karat Gold was trading 0.97 per cent down at 76,830 rupees for 10 Grams while Silver 999 Fine, was also trading 0.40 per cent down at 91,240 rupees per one kilogram, a short while ago. At Multi Commodity Exchange, Gold price was trading down today. The precious m...

November 11, 2024 7:09 PM

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Oil prices drop as China’s stimulus plan fails to meet investor expectations

Oil prices fell today, as China's stimulus plan disappointed investors waiting for fuel demand growth in the world's top oil importer. Brent Crude was trading one and a half per cent down at 72 dollars and 76 cents per barrel, and WTI Crude lost over 1.7 per cent to trade at 69 dollars and 17 cents ...

November 11, 2024 6:42 PM

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Asian markets show mixed performance while European indices gain

Major Asian indices displayed mixed trends today. China's Shanghai Composite Index advanced over half per cent, Singapore's Straits Times index added over 0.3 per cent, and Japan's Nikkei was marginally up 0.08 per cent. Conversely, Hong Kong's Hang Seng Index dropped nearly one and half per cent, a...

November 11, 2024 5:56 PM

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Rupee closes at 84.39 against US dollar

In the Forex market, the rupee today ended at 84 rupees and 39 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 105.43 in intra-day trade.

November 10, 2024 8:58 PM

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Global crude oil prices rise nearly 3%

Global crude oil prices rose nearly 3 per cent last week as the market settled in after the US election results and speculations about stimulus efforts from the world’s No. 1 importer China. Brent crude oil futures ended the week at 73.87 dollars per barrel on Friday, while US crude settled at 70.35...

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