Business

September 25, 2024 8:28 PM

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SEBI launches outreach cell to help foreign investors

The Securities and Exchange Board of India (SEBI) has launched a dedicated Foreign Portfolio Investor Outreach Cell as part of the Alternative Investment Fund and Foreign Portfolio Investors Department (AFD). This cell will focus on direct engagement with Foreign Portfolio Investors (FPIs) and assis...

September 25, 2024 6:21 PM

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Major Asian markets ended low today

Three out of five major Asian indices ended lower. South Korea's Kospi declined 1.3 percent, Singapore's Straits Times Index slipped 1.1 percent and Japan's Nikkei witnessed a marginal fall of 0.1 percent. Meanwhile, China's Shanghai Composite Index increased more than one per cent and Hong Kong's H...

September 25, 2024 6:18 PM

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Rupee appreciates by 7 paise against US dollar

In the Forex market today, the Indian rupee appreciated seven paise to close at 83 rupees 60 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 100.42 in intra-day trade.

September 25, 2024 5:29 PM

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Market hits record height during fifth consecutive session

Domestic benchmark indices, Sensex and Nifty hit another fresh high in the last hour of trade. However, both benchmark stocks opened today's session in red. The Nifty50 reached a record high of 26,032 during the session before closing with a gain of 0.25 per cent or 63 points at 26,004. Meanwhile, t...

September 25, 2024 1:26 PM

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Goldman Sachs: India Poised to Be Among Fastest Growing Economies Until 2030

      Global brokerage company Goldman Sachs has said that India is poised to be the among fastest growing economies till 2030.         According to the New York based global brokerage company, India’s earnings have started to stablise over the past few years, with mid-teen profit gro...

September 24, 2024 6:47 PM

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4 out of 5 major Asian indices end high

Four out of five major Asian indices ended higher today. China's Shanghai Composite Index and Hong Kong's Hang Seng Index surged nearly four percent, South Korea's Kospi advanced more than one percent, and Japan's Nikkei rose more than half percent. Meanwhile, Singapore's Straits Times Index decline...

September 24, 2024 6:12 PM

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Oil price surge over 2% amid escalating Middle East conflict

Oil prices surged more than two per cent today following news of monetary stimulus from top importer China and supply concerns amid escalating Middle East conflict.   In the global crude market, Brent crude was trading 2.1 per cent up at 75 dollars and 47 cents per barrel and the U.S. West Texa...

September 24, 2024 6:04 PM

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Domestic benchmark indices end flat after touching new highs in intraday trade

Domestic benchmark indices ended flat after hitting new highs in today's volatile trading session. The BSE Sensex surged to an all-time peak of 85,163, while the NSE Nifty crossed the 26,000 mark for the first time in the intraday trade.   At close, the Sensex was marginally down 14 points, or ...

September 24, 2024 6:02 PM

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US stocks ends with modest gain; S&P 500 and Dow Jones Avg touch new highs

US stocks ended with modest gains yesterday with the S&P 500 and Dow Jones Industrial Average touching new closing highs supported by comments from Fed policymakers and steady business activity data.  S&P 500 gained 0.2 percent and Nasdaq Composite as well as Dow Jones Industrial Average wer...

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