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Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises for 6th day, spurts 52 paise to 71.14 vs USD on trade...

Easing crude oil prices and fresh foreign capital inflows provided further support, forex traders said.

12 Sept 2019 8:13 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Retail inflation inches up to 10-month high of 3.21 pc in August

However, retail inflation is still within the Reserve Bank's target range, thus keeping hopes of another rate cut alive.

12 Sept 2019 7:18 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex ends 167 points lower; Yes Bank cracks 5 pc

After swinging 386 points during the day, the 30-share index settled 166.54 points, or 0.45 per cent, lower at...

12 Sept 2019 4:05 PM IST

Seized gold biscuits. (Photo: ANI)

Gold prices fall Rs 74 on stronger rupee

Gold is trading at Rs 38,775 per 10 gram at the bullion market here on a stronger rupee against the dollar.

12 Sept 2019 3:46 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures fall on low demand

Crude oil contracts for most-traded September delivery traded lower by Rs 7, or 0.17 per cent, at Rs 4,000 per barrel.

12 Sept 2019 12:57 PM IST

Currency experts have a bullish outlook for the rupee this week.

Rupee rises 36 paise against US dollar in early trade

At the interbank foreign exchange the rupee opened at 71.46, then gained further ground and touched a high of 71.30.

12 Sept 2019 10:20 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex rises over 150 points ahead of key macro data releases

After touching a high of 37,421.13, the 30-share index was trading 129.68 points, or 0.35 per cent, higher at 37,400.50.

12 Sept 2019 9:50 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

11000-mark remains a point of mkt control

The Sensex closed 125 points higher to settle at 37271 while NSE Nifty gained 33 points to close above the 11000-mark.

12 Sept 2019 1:25 AM IST

The rupee rose sharply against the US dollar while bonds climbed for a second day on hope that the higher than estimated surplus transfer by the central bank to the government would ease fiscal and current account deficit concerns.

Rupee rises by 5 paise to 71.66 vs USD, extends gains for 5th day

Forex traders said the uptick in domestic stocks enthused investors, following which the domestic unit gained strength.

11 Sept 2019 8:07 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold prices fall Rs 372; silver too drops Rs 1,150

Tracking weakness in gold, silver prices also tumbled Rs 1,150 to Rs 48,590 per kilogram at the bullion market here.

11 Sept 2019 8:02 PM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex rises 125 points; Yes Bank soars 13 per cent

The 30-share Sensex settled 125.37 points, or 0.34 per cent, higher at 37,270.82.

11 Sept 2019 5:43 PM IST

Traders are now eyeing next months meeting between the OPEC and Russia to determine if the group would deepen output cuts to prop up prices.

Oil prices gain after bigger-than-expected fall in US stockpiles

Iran's oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.

11 Sept 2019 10:37 AM IST