Search Results for: rupee

Sensex, Nifty hit record highs after exit polls predict sweeping victory by BJP

The S&P BSE Sensex jumped 1,032 points at 38,963 while the Nifty 50 climbed 308 points to 11,715 on Monday.

May 20, 2019

Timing of Trump's Huawei rap calculated to escalate US trade war with China

Executive order opens the door for putting Chinese telecom giant Huawei and affiliates on Entity List claiming they are engaged in activities contrary to US national security or foreign policy interest

May 16, 2019

Markets' pause deceptive after the Monday mayhem that erased $1.4 trillion

As Trump policy zigzags between a call for talks and more pain on China, the uncertainty may accelerate fall to lower bottoms after Wednesday's dead-cat bounce.

May 15, 2019

Zee Media's 73% profit drop triggers selloff; share tanks 10% in early trade

Company backed by Subhash Chandra's Essel Group posts Rs 13.17-crore profit after tax for FY19 when compared to Rs 49 crore in the previous fiscal.

May 15, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Sell-on-bounce guidance remains; market under pressure as futures premiums slim

Volatility is expected to rise further with only one more round of the seven-phase election remaining; traders watch global markets amid US-China trade war rhetoric.

May 13, 2019

Markets smell of bears as index future premium shrinks; Nifty teeters on 11,300

Nifty closing below 11,300 on Friday could predict another week of the market slide; Reliance drags down benchmark indices amid selling pressure on energy, telecom, power, metal and oil & gas stocks.

May 9, 2019

Reliance Industries bleeds over rating downgrade, election outcome worries and rupee fall

Morgan Stanley expects the earnings growth of Mukesh Ambani's RIL to halve in FY20, after maintaining 17 per cent compound annual growth rate (CAGR) between FY17 and FY19.

May 9, 2019

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Coalition remarks spook market as jittery FIIs flee post-election uncertainty

Indian markets' slide gathers momentum amid BJP leader's remark of the possibility of minority government even as global indices' decline over US-China trade war fears decelerates.

May 8, 2019

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Rupee slips against US dollar after Trump threatens to raise Chinese import tariffs

Volatility index India VIX spikes over 10 per cent to hit a new high of 27.83 points as Nifty crashes below 11,600 tracking global indices; US dollar inches closer to Rs 70 and crude dips below $70.

May 6, 2019

a worker cycling by an Indian oil refinery

$100 crude: Will new govt slip on boiling oil after Lok Sabha elections?

Trump's squeeze on Iran oil raises the spectre of a rapid rise in oil prices and the Indian economy suffering as the new government's elbowroom to stimulate growth dwindles.

Apr 30, 2019

RBI to release new 'greenish yellow' coloured Rs 20 note | All you need to know

While the new note will be released soon, the old notes will still be legal, the RBI clarified in a statement.

Apr 27, 2019

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Good Friday break for equities, forex, commodities, and bond markets

NCDEX and MCX closed for morning and afternoon sessions along with most global markets; Japan's Nikkei rises 0.67% in early trade to 22,238 as Tokyo Stock Exchange remains open.

Apr 19, 2019

Tamil actor and politician JK Rithesh dies of cardiac arrest; celebs, fans express condolence over shocking death

Tamil actor and politician JK Rithesh died of cardiac arrest on Saturday, April 13. He was 46.

Apr 13, 2019

Xiaomi, Redmi Note 7 Pro, India, Mi Fan Festival, 2019, Re 1 flash sale

Mi Fan Festival 2019 day 1: Here's how to get Xiaomi Redmi Note 7 Pro, Mi Soundbar for Re 1

Xiaomi's Re 1 flash sale is scheduled to kick off at 2:00 pm. Since there will be limited units of Redmi Note 7 Pro and Mi Soundbar available, there will virtual stampede and only the consumers with fastest fingers will be able to grab them.

Apr 4, 2019

Young boy reaches hospital with Rs 10 to save an injured chicken

After he ran over his neighbor's chicken with his cycle, the young child rushed to a nearby hospital with ten rupees on his hands.