Business

May 15, 2025 12:52 PM

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Sensex falls 140 points, Nifty slips 21

The Benchmark domestic equity indices, Sensex and Nifty, were trading marginally down in the afternoon trade today amid mixed global cues. The 30-share BSE Sensex dropped 140 points to 81,191 and the NSE Nifty50 slipped 21 points to 24,646, when reports last came in. Earlier, both the indices had op...

May 14, 2025 8:09 PM

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Gold prices down by over 0.9 % while silver down by over 1.3%

In the Indian Bullion Market, 24 Karat Gold was trading over 0.9 percent down at 93,170 rupees per 10 grams, while Silver 999 Fine was also trading over 1.3 percent down at 95,590 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the June contract was trading over 0.8 ...

May 14, 2025 6:49 PM

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Asian markets show a mixed trend

Major Asian markets displayed mixed trend today. Hong Kong's Hang Seng index advanced over 2.3 percent, South Korea's Kospi Index rose over 1.2 percent, and China's Shanghai Composite index increased more than 0.8 percent. Conversely, Singapore's Strait Times Index slipped 0.26 percent and Japan's N...

May 14, 2025 6:08 PM

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US stocks end mixed on Tuesday

US stocks ended mixed on Tuesday, with the S&P 500 and the Nasdaq closing higher for a second straight day after softer-than-expected inflation numbers added to investor optimism. The Nasdaq Composite rose 1.6 percent, and S&P 500 gained over 0.7 percent, while the Dow Jones Industrial Avera...

May 14, 2025 5:35 PM

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Rupee up by 7 paise to close at 87.27

In the forex market, the rupee today rose by seven paise to close at 85 rupees and 27 paise against the US dollar supported by gains in domestic equities and positive macroeconomic data. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trad...

May 14, 2025 5:11 PM

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Domestic stock markets end with modest gains

The benchmark domestic equity indices today ended with modest gains, supported by buying across most sectors following softer-than-expected inflation prints and easing geopolitical concerns. The 30-share index at the Bombay Stock Exchange, Sensex, rose 182 points, or 0.22 percent to close at 81,331....

May 14, 2025 1:11 PM

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India’s WPI inflation eases to 0.85% in April 2025

India’s wholesale price index (WPI)-based inflation eased significantly to 0.85 per cent in April this year. The Ministry of Commerce and Industry said this in the data released today. The WPI inflation was at 2.05 per cent in March.   The data showed that the annual rate of inflation based on ...

May 13, 2025 8:45 PM

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India’s defence stocks surge nearly 9% after PM Modi push for Made in India

Indian defence stocks surged up to nine per cent in today's trade session after Prime Minister Narendra Modi's push for 'Made in India' defence  equipments. Mr Modi, in his first address to the Nation yesterday post Operation Sindoor, emphasized that time has come for Made in India military gear. He...

May 13, 2025 9:33 PM

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Oil prices rise but gains capped

Oil prices rose today. However, gains were capped as traders assessed whether the pause in US and China trade war will lead to a long term deal. Brent Crude was trading over 0.8 per cent up at 65 dollars and 52 cents per barrel. WTI Crude was trading one per cent up at 62 dollars and 57 cents per ba...