Rupee slips to all-time low of 89.76 against US Dollar
India’s 8.2% year-on-year Q2 GDP reading sent equities to record highs and nudged bond yields higher on Monday, but did little to shift the currency
Closing Bell: Sensex, Nifty slip from record highs to end flat amid volatility
Interglobe Aviation, Bajaj Finance, Max Healthcare, Sun Pharma, Tata Consumer were among top losers on the Nifty, while gainers were Adani Ports, Kotak Mahindra Bank, Tata Motors PV, Kotak Mahindra Bank, Eicher Motors. BSE Midcap and smallcap indices ended flat. Among sectors auto, IT, PSU Bank, metal rose 0.3-0.5% each, while realty index down 1% and consumer durables, pharma indices down 0.5% each.
Bullion eyes further gains amid Russia-Ukraine tensions and dovish sentiment
Commodities markets are preparing for a busy calendar of data releases and speech by Fed Chair Powell. Final PMI readings from major economies, US ADP employment data for November, September’s PCE inflation report, and the University of Michigan’s sentiment and inflation expectations surveys are all due this week.
India pushing for FDI-linked FTAs to attract global investors, says Commerce Secy Rajesh Agrawal
Rupee weakness isn’t a concern for exporters, but October’s wider trade gap was driven by a spike in precious metals imports, said Commerce Secretary Rajesh Agrawal.
Taking Stock: Sensex, Nifty end flat amid volatility; up 2% in November
The benchmark indices extended the gains on third consecutive week and month, with BSE Sensex and Nifty rising 0.5 percent each in this week and adding 2% each in the month of November.
Closing Bell: Nifty at 26,200, Sensex flat amid volatility; pharma gains, oil & gas drags
BSE Midcap and smallcap indices ended on a flat note. On the sectoral front, pharma, media, auto rose 0.5-1%, while power, oil & gas, telecom shed 0.5% each. Adani Enterprises, M&M, Adani Ports, Sun Pharma, SBI were among top gainers on the Nifty, while losers were SBI Life Insurance, Shriram Finance, HDFC Life, Power Grid Corp and Bharat Electronics.
How tariffs are eating into export gains from a weak rupee
This year, steep US tariffs are offsetting the benefit of an undervalued rupee
Taking Stock: Sensex, Nifty retreat from record highs; media, private banks shine
Nifty Midcap 100 index also touched new record high before settling with no change, while Nifty small-cap index shed 0.5 percent.
Sensex retreats from record high, Nifty settles flat after erasing day's gains
Benchmark indices Nifty 50 and Sensex settled flat, retreating from their respective lifetime highs on November 27, erasing most gains.
Exporters feel the pinch as the rupee strengthens against euro, pound, other key currencies
India’s exporters are being squeezed by a currency mismatch, where the rupee’s strength against Europe-UK-Australia is erasing the benefits of a weak rupee against the US dollar.
Nifty hits fresh all-time high, Sensex rises on positive global sentiment; Bank Nifty at record high
Nifty 50 approached its record high on November 27, supported by strong global cues and early buying interest, with most sectors trading in the green.
GIFT Nifty implies positive open for Nifty, Sensex on strong global cues; key levels to watch on November 27
Dalal Street is set for a positive open on November 27, boosted by rising expectations of a Federal Reserve rate cut and supportive global cues.
Closing Bell: Sensex up 111 pts, Nifty above 26,200 after hitting new highs; oil & gas, realty, PSU Banks top drags
On the sectoral front, except media, IT, Private Bank, all other indices ended in the red with oil & gas, realty, consumer durables, energy down 0.5% each. Bajaj Finance, HUL, Bajaj Finserv, ICICI Bank, Shriram Finance were among major gainers on the Nifty, while losers were Eicher Motors, ONGC, Eternal, Maruti Suzuki, Bajaj Auto. BSE Midcap index ended flat, while smallcap index fell 0.4%.
Rupee enters longest undervaluation stretch in seven years as real rate slips to 97.47
October marked the third straight month of undervaluation, driven by a weak NEER and unusually low inflation
Taking Stock: Nifty above 26,200, Sensex jumps 1022 pts on Fed rate cut hopes
More than 100 stocks hit 52-week high, including MCX India, IIFL Finance, GMR Airports, Shriram Finance, Axis Bank, Reliance Industries, Max Financial, L&T, Canara Bank, PTC Industries, Bank of India, AU Small Finance Bank, Hero MotoCorp, SBI, Federal Bank, AIA Engineering, among others.
Nifty closes above 26,200, Sensex stages 1,000 point jump, all sectors in green as bulls roar
Domestic benchmark indices Nifty 50 and Sensex experienced significant gains, driven by the festive "Santa Claus rally" in global markets.
Higher cover, structured hedging strategies: How India Inc is battling rupee depreciation, volatility
Exporters and importers are responding differently but both sides are accelerating hedge coverage, hedging their exposure using structured products and preferring shorter tenor hedges until policy and geopolitical backdrop stabilises
Nifty, Sensex see strong start on hopes of December Fed rate cut, all sectors in green
Indian markets opened with gains on November 26, boosted by rising expectations of a Federal Reserve rate cut and supportive global cues.
Nifty, Sensex may open gap-up on Fed rate cut bets; key levels to watch on November 26
Indian markets are set for a strong gap-up open on November 26, boosted by rising expectations of a Federal Reserve rate cut and supportive global cues.
What to watch in commodities as US pushes Ukraine peace deal
Whether commodities markets are about to reshuffle again in the next few months will be shaped by if the conflict is halted
Closing Bell: Nifty above 26,200, Sensex surges 1022 pts; all sectors in the green
BSE Midcap and smallcap indices rose 1.2% each. All the sectoral indices ended in the green with media, auto, private bank, oil & gas, power, PSU, realty, consumer durables, pharma metal and PSU Bank added 1-2%. Biggest Nifty gainers included JSW Steel, HDFC Life, Bajaj Finserv, Bajaj Finance, Jio Financial, while Bharti Airtel, Asian Paints, SBI Life Insurance were among top losers.
Indian markets extend losing streak as banks, IT drag; global tech rally builds on Fed rate-cut hopes
Sectoral trends reflected the uneven mood in the market. Nifty Media emerged as the worst performer, falling 0.8 percent, followed by Nifty IT and Nifty Consumer Durables, each shedding 0.5 percent.
Taking Stock: Nifty below 25,900 on final hour selling; Sensex sheds 314 points
On the sectoral front, metal, pharma, PSU Bank and realty added 0.5-1%, while consumer durables, IT, media, oil & gas shed 0.5% each.
BHP’s fleeting Anglo bid shows the race for copper is heating up
It was second time unlucky for the Australian miner, but a third attempt at a later date might be the charm
