Business

October 21, 2024 6:42 PM

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Oil prices rebound as Brent crude surges 2% to $74.47

Oil prices rose today recouping some of last week's more than 7 per cent decline on worries about demand in China, the world's top oil importer. Brent crude was up around two per cent at 74 dollars and 47 cents per barrel, while US West Texas Intermediate crude was trading more than two per cent hig...

October 21, 2024 6:16 PM

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Two out of five major Asian indices end in green

Two out of five major Asian indices ended in green today. South Korea's Kospi was up by 0.43 per cent and China's Shanghai Composite added 0.20 per cent. Whereas Hong Kong's Hang Seng slipped more than one and a half per cent, Singapore's Straits Times Index decreased 0.71 per cent and Japan's Nekke...

October 21, 2024 6:09 PM

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Indian rupee settles flat at 84.07 against US dollar

Indian rupee settled flat against the US dollar today amid foreign fund outflow.   At the inter-bank foreign exchange, the rupee opened at 84.06 per dollar stayed almost flat in the early deals and inched up one paisa to end at 84.07 against the US Dollar.   The dollar index, which indicat...

October 21, 2024 8:19 PM

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Nifty falls 112 points, sensex slips as midcap and smallcap drop 1.5%

Indian equity indices ended on a weak note today. The benchmark indices started the day in Green but failed to sustain their rally as the session progressed. The Nifty50 wrapped up today's session with a drop of 0.29 per cent or 73 points, closing at 24,741 while the Sensex finished the trading day ...

October 19, 2024 5:03 PM

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Sensex, Nifty Extend Weekly Losses

Benchmark indices SENSEX and NIFTY continued their slide for the third straight week despite a breather on Friday. NIFTY gained 0.4 percent to settle at 24,854 and SENSEX rose by 0.2 percent to end the week at 81,224 levels. SENSEX dropped 152 points on a weekly basis, while NIFTY lost 110 points la...

October 19, 2024 4:41 PM

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Wall Street Marks 6th Consecutive Weekly Gain

All three major Wall Street benchmarks comfortably secured a sixth straight weekly gain, their longest weekly winning streaks since late 2023. The Dow Jones Industrial Average and S&P 500 chalked up record closing highs on Friday, with the Nasdaq also in positive territory, as markets were boost...