The rupee ended 3 paise higher at 85.70 against the US dollar on Thursday, supported by optimism over a possible US-India trade deal, even as equity markets closed in the red.The local currency opened at 85.62 and moved between 85.53 and 85.70 during the session before settling 3 paise higher than Wednesday’s close of 85.73,…
Asian markets waver as Trump’s Tariff deadline nears (Image credits: AP) Asian markets showed mixed movement on Friday as investors treaded carefully ahead of a looming US tariff deadline set by President Donald Trump. The uncertainty overshadowed positive cues from Wall Street, where a strong US jobs report lifted major indexes to record highs.Trump told…
(Representative image credits: ANI) Asian shares climbed on Tuesday while oil prices dropped, as investor fears of a major energy shock eased following US President Donald Trump‘s announcement of a ceasefire between Iran and Israel.Markets were reassured after Iran did not retaliate to a US strike on its nuclear facilities by disrupting oil transport through…
The rupee weakened by 30 paise to close at 86.34 against the US dollar on Tuesday, pressured by a sharp rise in global crude oil prices and growing geopolitical uncertainty in the Middle East. A stronger greenback and muted domestic equity markets further weighed on the local unit.At the interbank foreign exchange market, the rupee…
The rupee ended nearly unchanged against the US dollar on Thursday, rising just 1 paisa to settle at 85.52, as weakness in the greenback against major currencies offset pressure from a sharp decline in domestic equities and a rise in crude oil prices.At the interbank foreign exchange market, the rupee opened at 85.43 and moved…
The rupee gave up its early gains to close 7 paise lower at 85.55 against the US dollar on Friday, pressured by volatile domestic equity markets and a rebound in global crude oil prices. Caution prevailed among investors ahead of the upcoming GDP data release, forex traders said.The domestic currency opened at 85.35 and fluctuated…
FPIs invested approximately $4.11 billion in Indian stocks across nine consecutive sessions. (AI image) Foreign investorsmaintained their longest purchasing streak since July 2023 on Monday, driven by optimistic prospects regarding US trade agreements, attractive company valuations, and India’s stability amidst global uncertainties.This trend persisted despite tensions between India and Pakistan.Foreign portfolio investors (FPIs) invested approximately…
Foreign investors have poured in Rs 17,425 crore into India’s equity markets in the week of April 21 to April 25, bolstered by a combination of favourable global factors and strong domestic economic fundamentals. This follows a net investment of Rs 8,500 crore in the previous holiday-shortened week ending April 18, news agency PTI reported….
Foreign investors have pulled an estimated $63 billion from US equities since the beginning of March, according to Goldman Sachs strategists, who warn that the trend could pose risks to equity valuations. In a note to clients, the team led by Daniel Chavez pointed to high-frequency fund flow data showing that European investors have been…
NEW DELHI: Foreign investors have pulled out Rs 31,575 crore from the country’s equity markets so far this month, in the wake of turbulence emanating from sweeping tariffs imposed by the US on most nations, including India.This came following a net investment of Rs 30,927 crore in the six trading sessions from March 21 to…