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Source: Live Mint The selling streak by foreign portfolio investors (FPIs) continues to grow, with another outflow of ₹3,731.60 crore from Indian stocks recorded in Monday’s trading session. This marks the 11th consecutive day of selling, highlighting a sustained trend of bearish sentiment among international investors towards the Indian equity market. This brings their total…
Source: Business Standard Vinit Sambre, head-equities, DSP Mutual Fund 4 min read Last Updated : Oct 14 2024 | 12:29 PM IST As India Inc prepares to unveil its financial performance for the September 2024 (Q2-FY25) quarter, market movement going ahead will likely depend primarily on earnings growth, said Vinit Sambre, head-equities, DSP Mutual…
Source: Business Standard 3 min read Last Updated : Oct 13 2024 | 4:41 PM IST Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said. Moreover, markets would also focus on…
Source: Business Standard Repeated interventions by the Reserve Bank of India (RBI) over the last two months had helped the rupee hold above the key level of 84 per dollar | (Photo: Shutterstock) 2 min read Last Updated : Oct 11 2024 | 12:41 PM IST The rupee breached the 84 mark against the…
Source: Business Standard Shaktikanta Das, Shaktikanta, RBI Governor 4 min read Last Updated : Oct 09 2024 | 11:25 AM IST RBI on CPI inflation, inflation forecast India: Even as the Reserve Bank of India (RBI) has changed its monetary policy stance to ‘neutral’ from ‘withdrawal of accommodation’, it remains mindful of the risks…
Source: Business Standard The rupee rose 6 paise to 83.94 against the US dollar in early trade on Tuesday (Photo: Shutterstock) 2 min read Last Updated : Oct 08 2024 | 10:15 AM IST The rupee rose 6 paise to 83.94 against the US dollar in early trade on Tuesday supported by a weaker…
Source: Live Mint International crude oil prices reversed Monday’s gains and crashed five per cent on Tuesday, October 8, snapping a five-day rally, as fears of supply disruptions from the conflict between Israel and Iran eased after Iranian-backed Hezbollah signalled support for a ceasefire proposal put forth by Lebanon’s government. Local news reports suggested a…
Source: Business Standard 3 min read Last Updated : Oct 08 2024 | 8:30 PM IST India’s benchmark indices closed higher on Tuesday after six consecutive sessions of decline. The recovery was propped up by index heavyweights HDFC Bank and Reliance Industries, while China’s highly anticipated stimulus measures also boosted sentiment. The stocks…
Source: Live Mint The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking….
Source: Live Mint Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide war in the Middle East, although gains were limited as U.S. President Joe Biden discouraged Israel from targeting Iranian oil facilities. Brent crude futures rose 43 cents, or 0.6%,…
