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RUPEE PERFORMANCE
RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
FIIs dump Indian stocks for eight straight weeks: Is a reversal on the cards or more pain ahead?FIIs sold Indian equities for an eighth consecutive week, offloading Rs 30,294 crore, while DIIs bought Rs 30,313 crore to cushion the outf...
Owner sees 2 employees coming to work on two wheeler in harsh winter, gifts Rs 45 lakh BMWs to themA restaurant owner in China's Henan province gifted two employees brand-new BMW cars worth around Rs 43 lakh each after seeing them commute...
Nifty bulls regain momentum, but can bears strike back? 5 factors to decide D-Street’s fate next weekIndian equities snapped an eight-week losing streak as the Nifty 50 and Sensex rebounded on Friday. However, elevated crude prices, foreign...
Rupee rises to intra-day high, then slips on dollar demandThe Indian rupee gained marginally, closing at 96.73 against the dollar on Friday after interventions. The Reserve Bank of India sold dolla...
Rupee recovers to 96.73 vs US dollar after RBI intervention, but dollar demand persistsThe rupee edged up to 96.73 per dollar after heavy RBI intervention helped it recover intraday. Persistent corporate dollar demand, a 7% ye...
Friday heavy lifting saves Nifty from record nine weeks of losses. Can bulls take charge now?Nifty broke its eight-week losing streak, rising nearly 1.3% on Friday to close above 22,500 as IT, FMCG and auto stocks led a relief rally...
Rising oil, weak rupee and rate fears hammer Dalal Street; VIX jumps 10%On Thursday, Indian equities faced a significant sell-off, leading to declines in both Sensex and Nifty. The Sensex dropped by 1,045.46 poi...
RBI intervention halts rupee's slide to record low, risks lingerThe Indian rupee struggles amid climbing oil prices and a weakening of Asian currencies. Despite the Reserve Bank of India's intervention, ...
RBI rate hike will not stem outflows, leaving central bank in a bindIndia’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year...
NSE cautions investors over pricey overseas ETFs as demand surgesThe NSE has cautioned investors about the escalating hazards linked to international exchange-traded funds as they experience steep premium...
Rupee nears record low despite RBI hike, governor says markets can be irrationalThe Indian rupee has dipped to its lowest point in five months, following a recent interest rate hike by the Reserve Bank of India. Analyst...
Nifty 50 companies likely to log strong double-digit growth in Q2Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by ...
Dabur expects double-digit Q2 revenue growth on strong India FMCG, overseas demandDabur India expects consolidated revenue to grow in double digits in the September quarter, supported by strong performance across its Indi...
AI pressure, client caution cloud Indian IT earnings in September quarterIndia's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-indu...
Indian rupee rebounds to 95.83 vs US dollar as crude prices easeThe rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude prices eased below $103 a barrel. Dolla...
Rupee lingers around bottom of Asia FX pile as global headwinds deepenThe Indian rupee has experienced a decline impacted by elevated crude prices and increasing global bond yields. During the last quarter, th...