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September 12, 2024 7:28 PM

Tech sector lifts US Stocks despite inflation concerns

All major US stocks settled higher yesterday with boost in technology sector, offsetting the increase in core inflation rate for August. The data released yesterday dashed hopes for a bigger interest rate cut by the Federal Reserve next week. Nasdaq Composite increased more than two percent, S&P...

September 12, 2024 7:23 PM

Crude oil price increases

Crude oil prices increased today extending a rebound propelled by concern over Hurricane Francine's impact on the US output. In the global crude market, Brent crude was trading 1.22 percent up to trade at 71 dollars and 47 cents per barrel and the U.S. West Texas Intermediate (WTI) was trading nearl...

September 12, 2024 7:17 PM

Indian rupee appreciates 4 paise at 83 rupees 95 paise against US dollar

In the Forex market today, Indian rupee appreciated four paise at 83 rupees 95 paise against the US dollar amid a positive trend in domestic equities and foreign fund inflows. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 101.7...

September 12, 2024 7:14 PM

4 out of 5 Asian indices trades in positive territory

Four out of five major Asian indices traded in the positive territory today. Japan's Nikkei rose nearly three and half percent, Korea's Kospi gained nearly two and half percent, Hong Kong's Hang Seng advanced more than half percent and Singapore's Straits Times Index was more than half a percent up....

September 12, 2024 7:53 PM

India’s equity benchmark indices registers record high closing levels

India's equity benchmark indices registered record high closing levels in today's trading session amid positive global cues. Both the indices hit their fresh all-time highs with the BSE Sensex crossing 83,000 level mark and the NSE Nifty at 25,433 in the intra-day trade.   At close, the Sen...

September 12, 2024 2:15 PM

Sensex and Nifty trading higher driven by positive global cues

    Domestic benchmark indices, Sensex and Nifty are trading higher driven by positive global cues. This uptick comes as expectations rise for increased foreign inflows into domestic equities, fueled by the US inflation data that has reinforced predictions of a 25 basis point rate cut by...

September 11, 2024 8:18 PM

Rupee settled flat at 83.98 against US dollar

     In the Forex market today, the Indian rupee settled flat at 83 rupees 98 paise against the US dollar as the support from lower crude oil prices and the soft US dollar was overturned by a weak trend in domestic equities.         The dollar index, which indicates the US dollar's streng...

September 11, 2024 6:18 PM

Sensex and Nifty ended in negative territory due to volatile trading

India's equity benchmark indices, Sensex and Nifty ended in negative territory today. Both the indices slipped nearly half percent each in a volatile intra-day trade as investors awaited crucial US inflation data due today.         At close, the Sensex, which is pack of 30 companies was dow...

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