Domestic Markets End in Red; Sensex Falls 721 Points

January 3, 2025 7:44 PM

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Domestic Markets End in Red; Sensex Falls 721 Points

Benchmark domestic equity indices today ended significant losses due to profit booking amid the strengthening US dollar. The 30-share Sensex index at the Bombay Stock Exchange slumped 721 points, or 0.90 percent, to 79,223, while the Nifty has downed 183 points, or 0.76 percent, to 24,005. Among sec...

Govt Assures No Cause for Alarm in country Over HMP Virus Spread in China

January 3, 2025 8:07 PM

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Govt Assures No Cause for Alarm in country Over HMP Virus Spread in China

The government today said that there is no cause for alarm in the country over the reports of the spread of HMPV (human metapneumovirus) in China. Talking to reporters, Director General Health Services, Atul Goel said, it is like any other respiratory virus that causes flu-like symptoms mostly in el...

Oil Prices Dip Slightly

January 3, 2025 7:20 PM

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Oil Prices Dip Slightly

Contrary to yesterday's positive note, oil prices fell slightly today but remained poised for weekly gains after closing at their highest in more than two months in the previous session, underpinned by potential further economic stimulus in China and lower U.S. interest rates.   Brent crude and...

Israeli Strikes in Gaza Claim 30 Lives Overnight, Including Women & Children

January 3, 2025 7:19 PM

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Israeli Strikes in Gaza Claim 30 Lives Overnight, Including Women & Children

At least 30 people, including children, were killed in Gaza by Israeli strikes overnight and into this morning. Staff at the Al Aqsa Martyrs hospital said more than a dozen women and children were killed in strikes that hit various places in Central Gaza. Dozens of people were also killed across the...

Asian Markets Close Mixed; European Indices Trade in Red

January 3, 2025 7:16 PM

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Asian Markets Close Mixed; European Indices Trade in Red

Three out of four major Asian indices ended in positive territory today. Hong Kong's Hang Seng Index up 0.7 percent while China's Shanghai Composite Index plunged over 1.6 percent.   South Korea's Kospi ended 1.8 percent up while Singapore's Straits Times index ended positive with 1 percent up....

Rupee Settles at 85.78 Against US Dollar

January 3, 2025 7:15 PM

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Rupee Settles at 85.78 Against US Dollar

In the Forex market, the rupee today fell marginally by three paise to settle at 85 rupees and 78 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 108.97 in intra-day trade.