Global markets under pressure post US jobs data
The better-than-expected US payroll data affirmed the case for Federal Reserve officials to keep interest rates on hold for the foreseeable future, in the face of lingering inflation and political uncertainty. That gave the dollar a boost Friday, while pushing up US Treasury yields.
Rupee hits 86 against US dollar, settles 14 paise lower
Rupee hits fresh record low
Sensex, Nifty tumble nearly 1 pc on unabated foreign fund outflows
Markets fell further due to foreign fund outflows
India Ratings FY26 NBFCs Outlook: Mettle Being Put to Test, Yet Again
Ind-Ra-Mumbai-7January 2025 India Ratings and Research (Ind-Ra) has maintained a neutral sector outlook and a Stable rating Outlook for non-bank finance companies (NBFCs) for FY26....
Increasing bank account activity among affluent driving surge in financial management tools: CRED Money
India's affluent class is experiencing unprecedented levels of financial activity, with the median individual managing over 434 peer-to-peer banking transactions annually and experiencing accelerated flows...
Sensex, Nifty advance in Muhurat session to start Samvat 2081 on a high
Benchmark Sensex rose by 335.06 points, or 0.42 per cent, to settle at 79,724.12 in a special Muhurat trading session on Friday, starting the new...
Markets Tumble: Nifty Falls Below 25,000, Sensex Drops 850 Points from Day’s High as RBI Holds Repo Rate
Indian equity markets faced a turbulent session on October 9, with benchmark indices erasing early gains to close marginally lower. Despite starting the day in positive territory, the indices slipped amid volatile trading after the Reserve Bank of India (RBI) announced its decision to keep key policy rates unchanged.
Why Did Sensex Plunge 950 Points Intraday Today?
On Monday, the BSE Sensex experienced a significant drop, plunging as much as 962 points or 1.17% to 80,726.06 during intraday trading. The NSE Nifty50 also fell sharply by 244 points or 0.97%, reaching 24,770 levels. Despite opening in the green, both indices quickly erased their gains and slipped deep into negative territory.
Sensex, Nifty Drop for Fifth Consecutive Session Amid Middle East Tension
The Sensex and Nifty closed in the red for the fifth straight session on October 4, as rising tensions in the Middle East rattled investor...
Asia-Pacific Sector Outlooks Are Skewed, Report Says
“We anticipate China’s growth will slow further in 2024-2025. On the other hand, the region’s emerging markets are riding a still-solid export recovery,” said S&P Global Ratings credit analyst Eunice Tan.