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August 4, 2024 6:35 AM
Foreign portfolio investors (FPIs) invested 54,727 crore rupees in equity and debt in the month of July, 2024. According to data from the National Securities Depository Limited (NSDL), FPIs allocated 32,364 crore rupees to equity and 22,363 crore rupees to debt during the same period. Experts attrib...
August 3, 2024 6:40 PM
The market snapped the eight week gaining streak after Friday's correction erased the weekly gains, following world equity markets trend amid weak economic data. However, during the week, the benchmarks recorded a fresh all-time high after the Fed Chair indicated possible rate cut at the September m...
August 2, 2024 8:13 PM
At 7 PM today in the Indian Bullion Market, 24 Karat Gold increased by 0.96 per cent and is trading at 70,710 rupees. Silver 99 fine also increased by 1.7 per cent and is trading at 84,270. ...
August 2, 2024 8:13 PM
Wall Street stocks tumbled yesterday after weak manufacturing data sparked worries about a US recession. The S&P 500 sank 1.4 percent. The Dow Jones Industrial Average dropped 1.2 per cent. The Nasdaq Composite saw the steepest decline, collapsing 2.3 per cent. ...
August 2, 2024 8:11 PM
All five major Asian Indices closed in red today. Japan's Nikkei plunged over six per cent, its biggest daily fall since the March 2020 COVID-19 crisis. South Korea's Kospi lost 3.79 per cent, Hong Kong's Hang Seng dropped 2.12 per cent, Singapore's Straits Times index declined 1.14 per cent, and Ch...
August 2, 2024 8:11 PM
The Indian rupee slipped today as local stocks declined, tracking a global equity sell-off caused by concerns of a slowdown in the United States. The rupee depreciated 0.04 per cent to close at 83.75 against the U.S. dollar. The dollar index, which indicates its strength against a basket of six othe...
August 2, 2024 6:03 PM
A record 7.28 crore income tax returns (ITRs) have been filed for 2024-25 till 31st July. The Finance Ministry said in a statement that this is 7.5 per cent more than the total ITRs for 2023-24 filed till 31st July 2023. An increasing number of taxpayers have opted for the New Tax Regime this year. ...
August 2, 2024 6:01 PM
India's equity benchmark indices dropped over one per cent, tracking weak global cues. In early trade, both domestic indices, the Nifty and Sensex, plunged due to a broad sell-off. At close, Sensex slumped over one per cent, or 886 points, at 80,982, while Nifty50 dropped 293 points, or 1.17 per cen...
August 2, 2024 2:18 PM
Equity benchmark indices, the Nifty50 and Sensex opened lower today, tracking weak global cues. Both domestic indices plunged nearly 1% in early trading due to a broad selloff. Sensex, the pack of 30 companies were trading 678 points or 0.83 per cent down at 81,190 while Nifty 50 was down 215 points...
August 2, 2024 12:18 PM
The Rupee turned flat at 83 rupees 73 paise against the US currency amid weak equity markets and an upward movement in crude oil prices overseas. At the interbank currency exchange, the domestic currency opened at 83 rupees 74 paise and inched up to trade at 83 rupees 73 paise against the dollar, th...
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