RUPEES
GIFT Nifty jumps 90 points; here's the trading setup for today's session Market anticipates Nifty consolidation post-profit booking. Brent crude, US WTI futures rise on strong fuel demand hopes. Currency markets stable as rupee weakens. FIIs cut net long positions, adding to market uncertainty.
03 Jul, 2024, 07.02 AM ISTRupee falls 11 paise to close at 83.537 against US dollar; 10-year G-Sec yield trades flat The 10-year benchmark bond yields have been trading flat, but traders say that these levels are good. “Today there seems to be buying from mutual funds. They sold during the quarter end so they have to replenish their kitty”, they said. Liquidity ea...
01 Jul, 2024, 10.31 PM ISTRupee gains 0.1% against US dollar, ends at 83.38 The RBI intervenes in the market periodically via liquidity management, including through the selling of dollars, to prevent a steep fluctuation in the local currency, though it has fallen to record highs intermittently.
28 Jun, 2024, 11.58 PM IST- ADVERTISEMENT
Rupee appreciates 14 paise; closed at 83.45 per dollar Currency traders expect a range of 83.25 to 83.75 to a dollar next week and expect the local currency to close around 83.30/$1 tomorrow after inflows from the index inclusion come in.
27 Jun, 2024, 11.57 PM ISTRupee gains for 3 straight sessions, settles at 83.57 The yield on the 10-year benchmark bond increased slightly but remains within market expectations, closing at 7.00% on Wednesday.
26 Jun, 2024, 11.43 PM ISTIndian rupee gains 3.5 paise on Tuesday The 10-year benchmark government bond also traded flat, with yields closing at 6.98% on Tuesday, up just one basis point from the last close. Yields have been touching a low of 6.95% to 6.96% in the middle of the day, but again rise as the day progr...
25 Jun, 2024, 11.36 PM ISTIndian rupee hits new lifetime low against US dollar. Are record block deals the culprit? The Indian rupee fell to a lifetime low of 83.62 against the US dollar on Thursday. Record block deals worth Rs 23,000 crore on Wednesday, which included Vodafone Plc's stake sale in Indus Towers, is said to be among the triggers behind the INR slid...
20 Jun, 2024, 04.20 PM ISTRupee falls to record low hurt by likely outflows, importer dollar demand The currency fell to a record low of 83.6650 against the U.S. dollar in the latter half of Thursday's trading session, closing at 83.6425. This marks a decline from the previous session's close of 83.4550. Traders attributed the currency's weakness ...
20 Jun, 2024, 04.11 PM ISTBPEA credit raises Rs 375 cr in re fund Private equity firm BPEA Credit closed the first round of its latest rupee fund, SSTIF-I, targeting ₹750 crore with a green shoe option. Kanchan Jain leads the fund with a unique yield profile for 10-12 investments in various sectors.
20 Jun, 2024, 11.00 AM ISTRupee at the mercy of politics? What’s the fate of the rupee? The recent volatility in Indian markets and the rupee reflects a shift in the political landscape, with Narendra Modi's BJP failing to secure a majority. Despite forming the coalition government, its fortunes — and that of the Nifty and the rupee — ...
12 Jun, 2024, 12.46 PM ISTFOMC, FII action among 10 factors to dictate D-Street mood this week The Nifty index closed the week with a 3.6% increase amidst two significant occurrences: the highly anticipated election results and the monetary policy decision by the Reserve Bank of India (RBI). As trading resumes on Monday, a range of significan...
09 Jun, 2024, 09.56 AM ISTGIFT Nifty rises 100 points; here's the trading setup for today's session Indian markets reacted to the NDA's election results with a 6% loss in Sensex and Nifty. Concerns over socialist policies were raised. Traders were cautioned by Kotak Securities. Adian Markets and Hang Seng futures showed varied performance. Oil pri...
05 Jun, 2024, 07.22 AM ISTIndia stocks perched at record highs as vote counting set to begin India stock futures and rupee steady as votes in world's largest election to be counted. Prime Minister Modi expected to win third term, leading to market surge. NIFTY 50 index futures up 0.21% in early trade.
04 Jun, 2024, 07.54 AM ISTIt's a party on Dalal Street as India m-cap soars to Rs 426 lakh crore Indian equities surged to new highs on Monday as investors reacted positively to the likelihood of the Bharatiya Janata Party (BJP) winning with a strong majority based on exit polls. Benchmark indices jumped over 3%, the biggest gain in four years.
04 Jun, 2024, 06.21 AM ISTLearn with ETMarkets: What do global economic trends, and their implications mean to gold, currency markets? The Indian rupee tends to weaken during such times due to increased risk aversion and capital outflows. A weaker rupee makes gold and silver more expensive in the domestic market, potentially leading to profit booking and increased liquidity among i...
02 Jun, 2024, 04.05 PM ISTIndian stocks, bonds and rupee set to gain as polls show landslide BJP win While the final results might differ from the exit polls, the strength of the projected victory is expected to benefit risk assets. Should the June 4 results align with the exit polls, analysts expect the NSE Nifty 50 Index to reach a new record
02 Jun, 2024, 11.44 AM ISTIndia election 2024: How markets may react to the outcome India's national election, spanning six weeks and concluding on Saturday, has financial markets eagerly awaiting the verdict after counting on June 4.
31 May, 2024, 07.44 AM ISTGoldman sees India's stocks, bonds and rupee as top emerging market picks Strong earnings growth is supporting the share market, while the country’s inclusion in international indexes, stronger government finances, and slowing inflation favor fixed income, analysts led by Kamakshya Trivedi, Danny Suwanapruti and Sunil Kou...
30 May, 2024, 10.14 AM ISTGIFT Nifty down 80 points; here's the trading setup for today's session "Nifty has been consolidating in a broad range for the third consecutive day as investors remain watchful ahead of the big election outcome next week. We expect the Nifty to remain sideways to marginally positive on the back of reduced FII selling, ...
29 May, 2024, 07.04 AM ISTFII action, rupee movement among 11 factors to set D-Street mood this week Nifty closed the week with a 2.2% increase despite notable ups and downs, as seen in the India VIX reaching a 52-week peak with almost a 10% rise over four sessions. As trading resumes next Monday, numerous significant local and international events...
26 May, 2024, 09.28 AM IST