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August 8, 2024 7:07 PM

Rupee ends flat at 83.96 against US Dollar

In the Forex market today, the Indian rupee depreciated one paise and ended at 83.96 against the U.S. dollar.   The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, nudged higher to 103.1 in intra-day trade.  ...

August 8, 2024 2:05 PM

RBI keeps repo rate unchanged at 6.5% for 9th time in a row

The Reserve Bank of India today decided to keep the policy repo rate unchanged at 6.50 per cent for the ninth time in a row. Consequently, the standing deposit facility (SDF) rate remains at 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The Monetary P...

August 7, 2024 3:27 PM

 Global oil market experiences volatility arising from geopolitical tensions

In recent days, the global oil market has experienced significant volatility, reflecting the complex interplay of geopolitical tensions in the Middle East, economic concerns, and production disruptions. This turmoil highlights the delicate balance OPEC must maintain in an increasingly uncertain worl...

August 7, 2024 1:50 PM

Stock Market: Sensex surged 0.69 % & Nifty climbed 0.90 %

Benchmark indices Sensex and Nifty snapped three-day losing streak to trade higher by over one percent during today's session. The Sensex surged 0.69 percent, or 546 points, reaching 79,122, while the Nifty climbed 0.90 percent, or 215 points, to 24,208, when the reports last came in.   The b...

August 7, 2024 10:44 AM

Stock Market: Sensex climbed 945 points & Nifty 50 rose 298 points 

Domestic benchmark indices opened higher today, mirroring gains in Asian markets as traders reassess US recession concerns. The BSE Sensex climbed 945 points to trade at 79,538 level, and the Nifty 50 rose 298 points to trade at 24,291 level in the morning trade.   Asian markets saw gains, wi...

August 6, 2024 6:08 PM

Sensex down 126 points; Nifty shed 63 points to settle at 23,992

Indian stock markets have recovered some of their losses in today's session, tracking a global rebound. However, the market failed to hold the early gains and ended lower for the third straight session amid volatility. At close, the Sensex was down 126 points or 0.16 percent at 78,633, and the Nifty...

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