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Union Budget 2020: Sensex nosedives 900 pts, gives up 40k level

Experts said the Budget has been below par considering investors had extremely high expectations from the government to revive the economy

01 Feb 2020 4:46 PM

Markets react negatively to Sitharaman's Budget 2020

Sensex was trading over 150 points higher ahead of the Budget presentation

01 Feb 2020 1:53 PM

Onshore markets were closed on account of the extended Lunar New year holidays and will resume trading on Feb 3.

Asian currencies fall as worries mount over coronavirus epidemic

The Chinese offshore yuan fell 0.2 per cent to 6.9849 per dollar, reversing Wednesday’s gains.

30 Jan 2020 1:42 PM

The WGC expects policy-led and industry-led initiatives to bring a marked shift in making the industry more transparent and organised this year, he said.

India's gold demand falls 9 pc on record prices in 2019: WGC

The domestic gold price finished 2019 just above Rs 39,000 per ten grams.

30 Jan 2020 10:47 AM

Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 1,014.27 crore on Wednesday as per provisional data.

Rupee slips 19 paise to 71.47 against US dollar in early trade

The rupee opened weak at 71.39 at the interbank forex market and then fell further to 71.47, down 19 paise.

30 Jan 2020 10:44 AM

China’s yuan, which had steadied on Wednesday, was again falling - dropping 0.2 per cent to 6.9871 per dollar.

Global Markets: Virus fears push Asian stocks to seven-week low

MSCI’s broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS fell 1.7 per cent to an almost seven-week low.

30 Jan 2020 10:29 AM

The broader NSE was trading 41.65 points, or 0.34 per cent, down at 12,087.85.

Sensex drops over 150 points; Nifty slips below 12,100

The 30-share BSE index turned volatile and surrendered all gains to trade 168.61 points or 0.41 per cent lower at 41,030.05.

30 Jan 2020 10:21 AM

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.01 per cent to 98.02.

Rupee rises 10 paise against US dollar in early trade

Strengthening of the American currency vis-a-vis other currencies overseas weighed on the rupee.

29 Jan 2020 10:19 AM

The broader NSE rose 71.35 points, or 0.59 per cent, to 12,127.

Sensex rises over 200 points; Nifty reclaims 12,100

The 30-share BSE index was trading 214.51 points or 0.52 per cent higher at 41,181.37.

29 Jan 2020 9:56 AM

Brent crude LCOc1 was down 37 cents, or 0.6 per cent, to USD 58.95.

Oil falls for sixth day as China virus raises global growth, demand concerns

Oil investors are concerned travel advisories, other restrictions and any sizable impact on growth.

28 Jan 2020 11:41 AM

The Sensex fell 458 points, or 1.10 per cent, to close at 41,155 while the Nifty-50 fell 1.06 per cent, or 129.25 points, to 12,119, led by a fall in globally exposed metal stocks, financials and Tata Motors. (Photo: File)

Stocks suffer virus contagion

Crude oil price also fell in the international market with Brent crude futures trading at $58.12 per barrel around 19:30 pm IST.

28 Jan 2020 1:55 AM

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.02 per cent to 97.87. (Photo: DC)

Rupee slips 18 paise to 71.51 against US dollar in early trade

Easing crude prices and foreign fund inflows supported the rupee and restricted the downfall.

27 Jan 2020 10:17 AM

The broader NSE was trading 76.70 points, or 0.63 per cent, down at 12,171.55. (Photo: File)

Sensex drops over 250 points; Nifty below 12,200

The 30-share BSE index was trading 240.72 points or 0.58 per cent lower at 41,372.47.

27 Jan 2020 10:05 AM

Owing to STT and CTT, the market depth in India is the lowest amongst global peers and is a deterrent to price discovery, said a presentation sent by the Assocaiton of National Exchanges Members of India (ANMI) and the Commodity Participants Association of India (CPAI) to the finance ministry.

Market participants seek lower STT, CTT

The trading volumes of copper, the flagship industrial metal, in China is 32 times India’s and in London, 63 times India’s, the CPAI said.

27 Jan 2020 1:15 AM

Import of rough lab-grown diamonds and export of polished ones have more than doubled since April.

Buyers need to be wary of lab-grown diamonds

As far as exports of polished lab-grown diamonds are concerned, a growth of 109 per cent was recorded in the month of December.

27 Jan 2020 1:13 AM

The broader NSE was trading 17.85 points, or 0.15 per cent, down at 12,162.50.

Sensex drops over 70 points in early trade; Nifty below 12,200

The 30-share BSE index was trading 71.95 points or 0.17 per cent lower at 41,314.45.

24 Jan 2020 10:13 AM

The rupee opened weak at 71.34, but it recovered some lost ground to touch 71.30 against the US dollar.

Rupee falls 5 paise against US dollar in opening trade

Rise in crude oil prices and lower opening in the domestic equity market also impacted the rupee movement.

24 Jan 2020 10:10 AM

The government was forecast to set a fiscal deficit target of 3.6 per cent of GDP for 2020-21, up from 3.3 per cent targeted for the current year, the poll found.

RBI to hold rates on inflation concerns, fiscal boost likely: report

The RBI was forecast to next cut rates by 25 basis points to 4.90 per cent in the October-December quarter.

23 Jan 2020 1:14 PM

The poll was conducted before Malaysia’s central bank on Wednesday surprised markets by cutting interest rates by 25 basis points to 2.75 per cent.

Investors bullish on Asian currencies as trade worries fade: report

The poll uses estimates of net long or short positions on a scale of minus 3 to plus 3.

23 Jan 2020 1:02 PM

Foreign fund outflows also weighed on the local unit, forex dealers said.

Rupee slips 3 paise against US dollar in early trade

The rupee opened weak at 71.21 and slipped further to hit 71.22 against the US dollar.

23 Jan 2020 10:17 AM

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Farrukh Dhondy