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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 The Indian stock market staged a strong rebound fueled by improving investor sentiment, improving foreign flows, and positive global cues. Bulls were back in action with renewed buying interest across counters, setting calls for further uptrend before the closing of the financial year 2024-25. Next, investors will monitor some key market triggers…
Source: Live Mint The Indian stock market resumed its downward trajectory, displaying a consolidation tone over mixed global cues in the holiday-shortened week after a brief recovery earlier this month. Investor sentiment remained cautious due to escalating concerns over a potential global trade war, driven by updates on US tariff plans and retaliatory tariffs from…
Source: Live Mint The Indian stock market snapped its three-week losing streak and staged a sharp recovery, driven by favorable global and domestic cues amid US tariff-related developments, instilling fresh confidence among D-Street investors. Next, investors will monitor some key market triggers in the second week of March. Retail inflation, Donald Trump’s tariff announcements, the…
Source: Live Mint The Indian stock market is on the verge of a bear grip after extending its losing streak for the third consecutive week, hitting its lowest levels since June 2024. The sentiment of domestic and foreign investors deteriorated due to escalating trade tariff concerns from the US and unfavourable global cues. Next, investors…
Source: Live Mint The Indian stock market traded within a tight range to extend its corrective phase while settling at its lowest since early June. While select pockets of the market showed resilience, they failed to drive a broader, meaningful recovery. Next, investors will monitor some key market triggers in the last week of February….
Source: Live Mint The Indian stock market resumed its corrective phase after snapping two weeks of recovery to extend its losing streak for eight straight sessions for the first time in two years. The sentiment remained negative from the very beginning, with a sell-on-rally sentiment amid several external triggers. Next, investors will monitor some key…
Source: Live Mint Indian rupee depreciated to a record low on Monday, following weakness in Asian peers, weighed down by elevated crude oil prices and strong US dollar. The local currency dipped to a lifetime low of 84.0725 to the US dollar, inching past the prior low of 84.07 hit on Friday. The rupee opened…
