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October 9, 2023 12:06 PM
Rupee witnessed range-bound trading against the U.S. dollar in early trade today. This was influenced by a negative trend in domestic equities and the strength of the American currency in the overseas market. Forex traders said the safe-haven dollar gained ground amidst escalating tensions in the Mi...
October 7, 2023 8:38 PM
On Wall Street yesterday, key indices ended sharply higher, led by technology shares, as investors assessed a jobs report that showed US hiring rose broadly in September with slowing wage growth. Information technology was up the most of any S&P 500 sector, followed by communication services.&nb...
October 7, 2023 8:35 PM
Global crude oil prices posted their steepest weekly losses since March, after another partial lifting of Russia's fuel export ban compounded demand fears due to macroeconomic headwinds. So, the Brent crude oil futures ended the week at 84.58 dollars per barrel, tanking 11 percent during the we...
October 6, 2023 7:15 PM
Today, Gold was trading up at the Multi Commodity Exchange for December contracts. The precious metal was up 5 rupees, or 0.01 percent to trade at 56,615 rupees per ten grams. Silver futures for December contracts also rose 325 rupees, or 0.49 percent to trade at 67,100 rupees per kilo when reports ...
October 6, 2023 6:32 PM
In the forex market, the rupee closed at 83 rupees and 25 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 106.31 in intra-day trade. ...
October 6, 2023 5:31 PM
Brent crude prices were stable today but were on course for a week-on-week loss, as demand fears driven by macroeconomic headwinds were compounded by another partial lifting of Russia's fuel export ban. In intra-day trade, Brent crude was trading at 84 dollars and 40 cents per barrel. ...
October 6, 2023 5:30 PM
The three major US indices ended just slightly lower after bouncing off session lows yesterday amid investors awaiting Friday's monthly jobs report and further possible clues on the outlook for interest rates. The Nasdaq Composite and the S&P 500, both fell 0.1 percent and the Dow ...
October 6, 2023 4:51 PM
Asian markets today ended with gains except for Japan's Nikkei-225 which declined 0.3 percent. Hong Kong's Hang Seng index surged 1.6 percent, Singapore's Straits Times index rose 0.6 percent and South Korea's Kospi added 0.1 percent. China's Shanghai Composite Index was clo...
October 6, 2023 4:43 PM
As the deadline to exchange or deposit 2000 rupee banknotes nears, the Reserve Bank has said that about 3.37 percent of the currency notes, worth 12 thousand crore rupees, still remain in circulation. Speaking to reporters in Mumbai today, RBI Governor Shaktikanta Das said notes worth about...
October 5, 2023 6:40 PM
In the forex market, the rupee closed at 83 rupees and 26 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 106.70 in intra-day trade. ...
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