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November 9, 2024 4:40 PM

S&P 500 surpasses 6,000 mark, closes biggest weekly gain in a year

The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible Republican Party sweep in Congress fueled expectations for favourable business policies. Also supporting stocks this week was a widely expe...

November 8, 2024 6:51 PM

Oil prices slip

       Oil prices slipped today as concerns over Hurricane Rafael disrupting the US oil and gas production eased. Brent Crude was trading 1.04 percent down at 74 dollars and 84 cents per barrel, and WTI Crude lost 1.3 percent to trade at 71 dollars and 42 cents per barrel, when the reports last ...

November 8, 2024 6:53 PM

Major Asian & European markets display mixed response  

  Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index dropped over one percent, China's Shanghai Composite Index shed over half percent, and South Korea's Kospi lost 0.14 percent. Conversely, Singapore's Straits Times index added over 1.3 percent and Japan's Nikkei gaine...

November 8, 2024 6:03 PM

Rupee ends flat against US dollar today

In the Forex market, the rupee today ended flat at 84 rupees and 37 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 104.52 in intra-day trade....

November 7, 2024 5:25 PM

Sensex and Nifty end in negative territory

Domestic benchmark indices today slumped over one percent ahead of US Federal Reserve’s interest rate decision. The 30-share BSE Sensex tanked 836 points, or 1.04 percent, to close at 79,542, while the NSE Nifty50 shed 285 points, or 1.16 percent, to settle at 24,199. The broader market at th...

November 7, 2024 1:16 PM

Indian Stock Market Opens in Red Today

The domestic benchmark indices opened in red today. The 30-share BSE Sensex was trading at 79,549 after falling more than 800 points or 1 per cent in the early morning deals. At the same time, the NSE Nifty50 was trading at 24,241 after falling over 250 points or 1 per cent in early trade. However,...

November 6, 2024 5:55 PM

ADB Approves $200 Million Loan to Enhance Livability in Uttarakhand

The Centre and the Asian Development Bank (ADB) today signed a 200 million dollar loan to help upgrade water supply, sanitation, urban mobility, and other urban services in Uttarakhand. Speaking on the occasion, Joint Secretary of the Economic Affairs Department, Juhi Mukherjee, said that the pr...

November 6, 2024 5:52 PM

Sensex, Nifty end in green territory

The domestic benchmark indices today continued their upward momentum for the second consecutive session amid positive global cues. The 30-share BSE Sensex surged 901 points, or 1.13 percent, to close at 80,378, while the NSE Nifty50 added 271 points, or 1.12 percent, to settle at 24,484. The broad...

November 6, 2024 1:14 PM

Sensex & Nifty trading with gains

Domestic benchmark equity indices, Sensex and Nifty, were trading with gains as counting for the keenly-contested US presidential election was underway. The 30-share BSE Sensex climbed 742 points, or 0.93 percent, to 80,219, while the NSE Nifty50 added 207 points, or 0.86 percent, to 24,421, when t...

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