Market

According to analysts, technically, this candle pattern indicates a formation of 'bullish piercing line' type pattern.

Nifty may witness resistance at 10950

The Sensex closed 228.23 points, or 0.63 per cent, higher at 36701.16, while NSE Nifty gained 88 points or 0.82 per cent to close at 10829.35.

24 Aug 2019 1:47 AM

It is being done to encourage investment in the capital market, the finance minister Nirmala Sitharaman said on Friday. (Photo: ANI)

Enhanced surcharge on FPIs removed: Sitharaman

Surcharge on long and short term capital gains from transfer of equity shares has been withdrawn, said FM Nirmala Sitharaman.

23 Aug 2019 6:32 PM

Easing crude oil prices and a recovery in the domestic equity markets also propped up the local currency, forex traders said.

Rupee rebounds 15 paise to 71.66 against USD

Rupee stabilised following an announcement that Finance Minister Nirmala Sitharaman will address a press conference in the evening.

23 Aug 2019 6:00 PM

Globally, gold traded weak with international spot gold prices falling below USD 1,500 on Friday.

Gold rises for fourth consecutive day, touches fresh high of Rs 38,995

Gold prices have been hitting a fresh high every day since Tuesday.

23 Aug 2019 4:09 PM

Among major gainers, Vedanta rose the most by 6.55 per cent, snapping its five-day losing streak.

Sensex, Nifty rebound on hopes of FPI tax rollback

Sensex closed higher by 228.23 pts or 0.63 per cent at 36,701.16, hours ahead of a presser by Finance Minister Nirmala Sitharaman.

23 Aug 2019 4:00 PM

Among major gainers, Yes Bank rose by 3.82 per cent, Vedanta by 5.08 per cent and Tata Steel by 3.64 per cent.

Stocks recover from early sharp losses; Yes Bank, IT shares lead rebound

The Sensex was trading higher by 20.06 points or 0.05 per cent at 36,492.99 points in the afternoon session.

23 Aug 2019 1:40 PM

The broader NSE Nifty dropped 94.30 points or 0.88 per cent to 10,647.05 points.

Sensex, Nifty decline on fading hopes of stimulus package

The 30-share index dropped 345.55 points or 0.95 per cent to 36,127.38 in early session with 19 of its constituents trading in the red.

23 Aug 2019 10:04 AM

A strong dollar in the overseas markets and continued foreign fund outflows weighed on the domestic currency.

Rupee falls below 72 mark against US dollar on fund outflows

The rupee fell by 22 paise to trade at a nine-month low of 72.03 against the US dollar in early session.

23 Aug 2019 9:47 AM

The Nifty has fallen 316.15 points, or 2.86 per cent in three consecutive trading sessions.

Nifty sees bearish flag breakdown

The Sensex breached the 37,000 level while the Nifty ended below the 10800 mark.

23 Aug 2019 5:33 AM

Also, the sudden drop in Chinese yuan led to increased volatility in emerging market currencies, including the rupee, forex dealers said.

Rupee crashes to over 8-mth low of 71.81 against USD

Tumbling equities and incessant foreign fund outflows weighed on sentiment.

22 Aug 2019 6:19 PM

The 30-share Sensex sank 587.44 points, or 1.59 per cent, to 36,472.93. It hit an intra-day low of 36,391.35 and a high of 37,087.58.

Sensex sinks 587 points; Yes Bank nosedives 14 per cent

Investor sentiment also tanked after CEA K Subramanian virtually ruled out a stimulus package from the government.

22 Aug 2019 4:18 PM

Despite sluggish overseas trend, gold prices rose on account of sustained buying from local jewellers, traders said. (Photo: Representational)

Gold continues bull run, nears Rs 39,000 mark

Gold prices have been hitting a fresh high everyday since Tuesday.

22 Aug 2019 4:08 PM

Meanwhile, West Texas Intermediate was down by 0.23 per cent at USD 55.55, while global benchmark Brent was down 0.30 per cent at USD 60.12 a barrel.

Crude oil futures fall 0.52 pc on weak global cues

Crude oil for delivery in September was trading lower by Rs 21, or 0.52 per cent, at Rs 3,994 per barrel.

22 Aug 2019 1:29 PM

The proposal, which the regulator said would enable rating agencies to get timely information on possible defaults, was approved by Sebi's board at its meeting in Mumbai on Wednesday.

Sebi board approves tighter norms for full disclosure on loan defaults with rating agencies

Officials said there have been occasions when some entities have sought to take the benefit of certain regulatory gaps.

22 Aug 2019 12:23 PM

The Indian rupee on Wednesday had closed at 71.55 against the US dollar.

Rupee slips 17 paise against dollar in early trade

At the interbank foreign exchange, the rupee opened weak at 71.65 then fell to 71.72 against the US dollar.

22 Aug 2019 10:10 AM

The broader Nifty too fell 44.80 points, or 0.17 per cent, to 10,873.90.

Sensex drops over 100 points to slip below 37,000 mark

The 30-share index was trading 127.32 points, or 0.34 per cent, lower at 36,933.05.

22 Aug 2019 10:06 AM

The Sensex fell 267.64 points or 0.72 per cent to settle at 37060.37, while the Nifty 50 Index fell 98.30 points or 0.89 per cent to settle at 10918.70.

Markets to remain cautious in near-term

The S&P BSE Mid-Cap Index fell 1.32 per cent, while the S&P BSE Small-Cap Index plunged 1.43 per cent.

22 Aug 2019 3:34 AM

The recovery in the Indian unit was seen despite headwinds in form of economic uncertainties, FDI outflows and rise in global crude oil prices, according to forex traders.

Rupee recovers 16 paise to close at 71.55 a dollar

Starting off on a bullish note, the rupee settled at 71.55, clocking a gain of 16 paise.

21 Aug 2019 7:02 PM

In New York, spot gold was trading lower at USD 1,499.20 an ounce and silver was down at USD 17.08 an ounce.

Gold hits new high of Rs 38,820; silver jumps Rs 1,140

Traders attributed the gain in gold to increase in the domestic spot market demand.

21 Aug 2019 5:48 PM

Tata Motors was the biggest laggard in the Sensex pack, plummeting 9.29 per cent, followed by Yes Bank at 8.21 per cent.

Sensex tumbles 268 points; Tata Motors tanks 9 per cent

After plunging 305 points, the 30-share Sensex settled 267.64 points, or 0.72 per cent, lower at 37,060.37.

21 Aug 2019 4:25 PM