equity market

Rupee zooms 57 paise to end at 75.09 against US dollar

8:20 pm April 30, 2020

Mumbai: The rupee strengthened by 57 paise to finish at a one-month high of 75.09 per US dollar on Thursday, buoyed by foreign fund inflows and a robust trend in the equity market. The greenback weakening overseas and optimism over a COVID-19 drug trial in the US further supported the local unit, forex traders said. […]

Gold gains Rs 311 on higher demand, rupee depreciation

7:09 pm March 18, 2020

New Delhi: Gold prices on Wednesday rose by Rs 311 to Rs 40,241 per 10 gram in the national capital amid rupee depreciation and higher buying, according to HDFC Securities. The precious metal had closed at Rs 39,930 per 10 gram on Tuesday. “Spot gold for 24 karat in Delhi was trading up by Rs […]

Rupee settles 14 paise down at 71.02 against dollar

8:56 pm October 7, 2019

Mumbai: The rupee depreciated by 14 paise to close at 71.02 against the US dollar on Monday as profit booking in domestic equities and unabated foreign fund outflows kept investors edgy. Forex traders said market sentiment remained fragile ahead of the US-China trade meeting. Besides, rising crude oil prices also weighed on the domestic unit. […]

RBI rate decision, macro data to steer markets in holiday-shortened week: Analysts

2:26 pm September 29, 2019

New Delhi: RBI’s interest rate decision, macroeconomic data points and global cues would be the key driving factors for the equity market in the holiday-shortened week ahead, say analysts. Markets would remain closed on Wednesday for ‘Mahatma Gandhi Jayanti’. “Markets are expected to consolidate further with the bias on the positive side. We feel the […]

Rupee rallies to nearly 2-month high as crude subsides

8:27 pm September 27, 2019

Mumbai: The rupee spurted by 32 paise to close at a nearly two-month high against the US currency on Friday as crude oil prices receded following reports that Saudi Arabia had agreed on a temporary ceasefire in Yemen. The domestic currency closed higher by 0.44 per cent at 70.56 to the US dollar, a level […]