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Source: Live Mint The Indian rupee closed lower to halt a nine-day winning run on Tuesday as importers stepped in to hedge liabilities at favourable levels, dollar inflows moderated and the local currency’s regional peers slipped. The rupee ended at 85.7550 against the U.S. dollar, down 0.14% on the day. It had risen to a…
Source: Live Mint MUMBAI, March 21 (Reuters) – The Indian rupee’s recent rally and a sizeable decline in hedging costs are expected to catalyze the participation of companies in the Reserve Bank of India’s $10 billion FX swap next week. On Wednesday, the RBI will absorb $10 billion from the market and inject an equivalent…
Source: Live Mint Indian stock market: After a two-day relief rally, Indian technology stocks resumed their losing streak on Friday, March 6, tracking the 2.6% slide in the Nasdaq Composite overnight. Mounting global trade tensions and weak economic data from the U.S., the world’s largest economy, are signaling weakness and unsettling investor sentiment, as this…
Source: Live Mint Stock Market News: The main domestic stock indices, Nifty 50 and Sensex, finished on a mixed note on Tuesday, with the Sensex registering a modest increase while the Nifty 50 ended lower. The Sensex gained 147.71 points, concluding at 74,602.12, whereas the Nifty 50 fell by 5.80 points to close at 22,547.55….
Source: Live Mint It appears that overseas investors are reluctant to reverse their bearish stance on Indian stocks, as they continue to be net sellers, withdrawing billions of rupees from the exchanges in 2025 so far amid concerns over valuations, economic growth, and global trade uncertainties. Capital flight is shifting from some emerging markets, including…
Source: Live Mint New Delhi [India], February 23 (ANI): India’s foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks. In the week that ended on February 14, the forex reserves declined USD by 2.54 billion to USD 635.721 billion. The forex…
Source: Live Mint Stock Market Today: Indian markets closed in the red once again, with minimal losses, as selling pressure in financial and IT stocks dragged the frontline indices lower, offsetting gains in metal and real estate stocks. It was the third straight decline for the market, but the losses were limited. The Nifty 50…
Source: Live Mint MUMBAI (Reuters) – The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a trade war and foreign portfolio outflows persisted, pushing the rupee to its lifetime low past the 87 handle. The Reserve Bank of India cut its key interest…
Source: Live Mint Mumbai (Maharashtra) [India], January 25 (ANI): Foreign Portfolio Investors (FPIs) have been consistently selling their holdings in the Indian stock markets. According to data from the National Securities Depository Limited (NSDL), FPIs sold equities worth ₹19,759 crore during the week from January 20 to January 24. The data further revealed that in…
Source: Live Mint MUMBAI (Reuters) – The Indian rupee will likely inch up at the open on Wednesday, tracking an uptick in most of its Asian peers, following which it is expected to have to contend with demand for the U.S. dollar from importers and speculators. The 1-month non-deliverable forward indicated that the rupee will…
