Stock market: A busy week ahead, marked by major earnings announcements, global market cues, and multiple corporate actions, is expected to steer investor sentiment as markets resume trading on Monday. This follows after Indian benchmark indices ended the week on a weaker note, with the Nifty declining 0.7%, signaling caution among investors ahead of crucial…
The rupee appreciated by 16 paise to settle at 85.76 against the US dollar on Tuesday, helped by a weaker greenback and softer crude oil prices globally. However, persistent foreign fund outflows and uncertainty surrounding the ongoing India-US trade negotiations limited the currency’s upward movement, according to forex dealers.At the interbank foreign exchange market, the…
Wall Street started the week on a cautious note, opening lower on Monday as investors grew jittery ahead of a July 9 tariff deadline set by the Trump administration. The S&P 500 fell 0.4%, the Dow Jones Industrial Average dropped 102 points (0.3%), and the Nasdaq Composite lost 0.6% in early trading.The pullback came as…
Equity investors are gearing up for a potentially volatile week as the 90-day suspension period of US President Donald Trump’s reciprocal tariffs expires on July 9, raising uncertainty over India-US trade relations. Market experts believe that the outcome of the trade negotiations will be a key trigger, especially for sectors like IT, pharma, and auto…
This is an AI-generated image, used for representational purposes only. Retailers in India are ramping up discounts, accelerating deliveries, and launching extended sale events this festive season, aiming to revive discretionary spending after a year of sluggish consumer sentiment. With festivals such as Teej, Raksha Bandhan, Janmashtami, and Ganesh Chaturthi falling earlier this year, brands…
NEW DELHI: Foreign portfolio investors injected Rs 3,346.94 crore into Indian equity markets during the week, driven by optimistic sentiment following the Reserve Bank of India‘s (RBI) interest rate reduction, as reported by National Securities Depository Limited (NSDL) data.The RBI’s rate reduction bolstered investor confidence, resulting in substantial FPI inflows during the initial three trading…
The rupee appreciated by 11 paise to close at 85.68 against the US dollar on Friday, reversing early losses after the Reserve Bank of India (RBI) delivered a surprise 50 basis point repo rate cut and announced a phased 100 basis point reduction in the cash reserve ratio (CRR).The local unit opened weak at 85.91,…
The overall market value of six out of India’s ten most valued companies fell by a staggering Rs 78,166.08 crore last week, as weak sentiment continued to weigh down equity markets.Reliance Industries saw the sharpest erosion in value, reflecting the downturn in benchmark indices.The BSE Sensex dropped by 609.51 points or 0.74%, while the Nifty…
AI-generated image (Made from Bing image creator) NEW DELHI: Stock markets are expected to be primarily influenced by corporate quarterly reports, foreign fund activity and worldwide market trends this week. Global trade agreements and their market impact will also be under close observation.Last week, the BSE benchmark index increased by 2,876.12 points or 3.61 per…
Consumer sentiment in the United States fell for the fifth straight month in May, driven by growing concerns over inflation linked to President Donald Trump‘s trade policies. According to preliminary data from the University of Michigan, the consumer sentiment index dropped by 2.7 per cent to 50.8- its lowest level since June 2022 and nearly…