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MUMBAI: The sensex slid another 400-plus point on Tuesday, taking the total loss in the index to over 1,000 points in just two days. The delay in concluding the US-India trade deal, a weak rupee and foreign fund selling weighed on investor sentiment that pulled the markets down, brokers and dealers said.The sensex opened in…
MUMBAI: The weakening rupee and unabated selling by foreign funds weighed on investor sentiment on Dalal Street on Monday, pulling down sensex by 610 points to 85,103 points. A rate cut decision by RBI and strong GDP growth numbers for the Sept quarter failed to arrest the slide in stock prices, market players said.Nifty lost…
For tourists hoping for a luxury vacation, the rupee approaching 90 might be a gut punch. Everything overseas, including hotel rooms, cocktails, and even airport coffee, may suddenly appear more expensive. However, currency fluctuations don’t have to limit your vacation options. The Indian rupee can still be used to purchase comfort, style, and a little…
TL;DR: Driving the newsGlobal arms revenues surged to an all-time high of $679 billion in 2024, up 5.9% in real terms, according to the latest SIPRI Top 100 ranking. While Europe and the US drove most of the increase, Asia and Oceania stood out as the only region to post a decline—largely due to a…
Wall Street witnessed mixed trading on Tuesday, cooling off after Monday’s sharp rally that followed a week of losses. The S&P 500 slipped 0.2% in early trading, the Dow Jones Industrial Average added 73 points, while the tech-heavy Nasdaq fell 0.5%. Despite the pullback, all three major indexes remained close to record highs, AP reported….
Representative image (Picture credit: AP) The Nasdaq Composite ended slightly lower on Friday but posted its sharpest weekly loss since early April, as investors questioned how long the artificial intelligence boom could sustain recent market highs. The index slipped 0.21% to 23,004.54, bringing its total weekly fall to around 3%, while chipmakers and technology shares…
US stocks opened slightly lower on Thursday as investors assessed another round of corporate earnings reports in the absence of fresh government data due to the ongoing shutdown. The S&P 500 slipped 0.1%, the Dow Jones Industrial Average was flat, and the Nasdaq composite declined 0.2% in early trade, AP reported.Market sentiment was weighed down…
Gold prices slipped close to a three-week low on Monday, dragged down by a stronger dollar and easing trade tensions between the US and China. On the Multi Commodity Exchange (MCX), gold opened weaker at Rs 1,21,284 per 10 grams, down Rs 224 or 0.18%, while silver prices gained Rs 1,087 or 0.73% to Rs…
MUMBAI: Tracking slides in global prices of gold and silver, two precious metals witnessed correction in domestic market during Tuesday’s Muhurat trading session on MCX. A similar trend was observed in the spot market, although trading was thin on Diwali day, market players said.Global investors are looking for a ‘risk-on’ rally, meaning investors are again…
MUMBAI: Fresh tariff-related jitters, weakness of the rupee and foreign fund selling pulled the sensex down by 733 points on Friday to 80,246 points, near its four-week low. As US President Donald Trump announced a fresh set of tariffs on imports of pharmaceutical products, most pharma stocks closed deep in the red. Nifty was down…
