Stock Analysis, IPO, Mutual Funds, Bonds & More

Rupee spurts 43 paise to close at 70.49 against dollar

Forex traders said heavy buying in domestic equities and sustained foreign fund inflows also propped up the local unit.

RBI may join global peers in buying more gold

The RBI may purchase 1.5 million ounces in 2019, or about 46.7 tonnes.

Pepper traders cite Sri Lankan minister statement on illegal imports to India

In a letter to the commerce minister, pepper consortium has raised concerns over spurt in illegal imports of Vietnam pepper.

Rupee logs first gain in 5 days, rises 21 paise

The rupee Wednesday plunged by 19 paise to close at 71.24 against the US dollar.

Fuel prices witness uptick in Delhi, Mumbai

In Mumbai, petrol and diesel are being sold at Rs 74.91 and Rs 66.04 per litre respectively on Saturday with a rise of 10 paise and 31 paise, respectively.

MSE gets Sebi nod for weekly options on currency products

MSE has also been allowed by Sebi to introduce monthly Currency Options contracts on currency pairs of EUR-INR, GBP-INR & JPY-INR.

F&O expiry, Q4 earnings among key factors that may chart market direction this week

Political developments may keep market under pressure till election results are out on May 23.

RBI projects 7.4 pc GDP growth for FY 20

Investment activity is recovering, but supported mainly by public spending on infrastructure, the RBI said.

Most Asian currencies tread water after Powell comments

Asian units took a hit in 2018 as rate differentials in the region widened after the Fed raised key rates.

Rupee recovers 10 paise to 71.14, posts 2nd weekly gain

A strengthening dollar ahead of the US-China trade talks and surging crude oil prices, however, restricted the rupee gains.

Sensex, Nifty slip on weak global sentiment; mid, smallcaps shine

Major Asian markets were subdued in the wake of a fall on Wall Street.

Pound struggles near 20-month low on Brexit setback, dollar stands tall

Sterling was little changed at $1.2565 after slumping 1.3 per cent the previous day.

Weak rupee likely to help pharma companies post double-digit growth

The rupee has been on a free fall against the US dollar, making the currency depreciation a political issue.

Rupee plunges 50 paise to 71.32 against dollar

The rupee opened lower at 71.28 against the US dollar and dropped further to 71.44. The Indian unit hit a high of 71.23 during the day.

Sensex hits fresh 6-month high, Nifty reclaims 11,450 level

Rupee's superb show against the dollar, up by as much as 50 paise, prompted more buying.

Sensex, Nifty off to a flat start; crude oil plays spoilsport

The rupee was in the green and traded 13 paise higher against the US dollar around 9:30 am.

Lower oil prices to help India on twin deficit front: Vivek Rajpal, Nomura

Broadly speaking, bond yields might remain under downward pressure, says Rajpal

Philip Morris says Indian partner charges machinery costs; calls it 'business expense'

Philip Morris and Godfrey have said they comply with Indian rules.

India's amended currency swap fund for SAARC can assist countries facing Chinese debt

The Reserve Bank will negotiate the operational details bilaterally with the central banks of the SAARC countries availing the Standby Swap, an official statement said.

Rupee rises after 3 days, settles 11 paise higher

On Tuesday, the rupee had skidded by 16 paise -- its third straight session of loss -- to close at 71.44 against the US dollar.

Share market update: IT shares down; Infosys slips nearly 2%

Benchmark NSE Nifty50 index was up 44.45 points at 10,953.15 while BSE Sensex was up 117.74 points at 36,464.82.

Do you really understand various risks associated with your investment life?

Risk is a vague concept for most investors.

If the NBFCs are financially sound, why bail them out: P Chidambaram

"If government’s shares are sold to another PSU, that is really not disinvestment."

Rupee at near three-week high on likely soft Fed outlook, low crude

The rupee was at 70.89 to the dollar, after touching 70.84, its highest since Dec. 7.

India's external debt declines 2.8 per cent $514.4 billion at end-June: RBI

At end-June 2018, the external debt was placed at USD 514.4 billion, recording a decrease of USD 14.9 billion over its level at end-March 2018.

Rupee gains 13 paise to 71.18 vs USD on easing crude price

This is the fifth successive session of gain for the domestic currency, during which it has climbed 62 paise.

SpiceJet Q3 profit dives 77% YoY to Rs 55 crore

Total income stood at Rs 2,530.8 crore as against Rs 2,096.1 crore in the same quarter last year.

Bulk of Nifty’s incremental earnings growth likely to come from banks: John Praveen, QMA

"Markets to react positively in case of a decisive victory for either NDA or UPA coalition."

Most Asian currencies softer ahead of Sino-US trade talks

Investors stayed away from risk-sensitive assets and bet on safe-haven dollar

Airtel’s deleveraging measures crucial to ease ratings pressure: S&P Global

The company is committed to maintaining an investment-grade rating for which it may take strategic steps towards deleveraging.

Rupee slips further, settles below 71 level against dollar

The rupee has lost 64 paise in the last three sessions.

FPIs’ index futures positions hint at room for a bigger correction in Nifty

On April 4, net FPI position was minus 1,34,006 contracts at Nifty level of 10,128.

Rupee ends flat at 71.56 ahead of RBI policy decision

The domestic currency has been trading in a narrow range ahead of RBI's monetary policy meeting outcome, scheduled for February 7.

Philip Morris paid for India manufacturing despite ban on foreign investment

India has 106 million smokers, second only to China, and a young demographic makes it an attractive market for tobacco companies.

India begins major crackdown on online shopping from many Chinese ecomm platforms

These cos were evading tax by shipping goods ordered by Indians to various cities claiming these were "gifts".

Rupee slumps 55 paise to 71.80 on firm crude

This is the second straight session of loss for the rupee, during which it lost a total 72 paise.

Investors cut short positions on most Asian currencies; yuan bear bets at 21-month low: Poll

Short interests in the yuan were at the lowest level since March 2017.

Bonds at 8-month high on RBI bond purchase hopes, inflation comments

The 10-year benchmark bond yield fell to as low as 7.38 per cent.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors which may bring action to the domestic market through the day.

Share market update: Nifty IT index up 1%; NIIT Tech, Infosys among top gainers

Benchmark NSE Nifty50 index was up 36.20 points at 10,838.35 while the BSE Sensex was up 168.58 points at 36,149.51 around 11:11 am.

Rupee tumbles 53 paise to 70.21 on crude woes

On Monday, the rupee had gained 4 paise to end at 69.68 against the US dollar.

How much cash are on-demand startups burning?

Staying in Asia, the ride-hailing juggernaut Didi Chuxing lost 4 billion yuan or $585 million in the first half of last year.

Rupee ends 4 paise higher at 71.08 against dollar

A massive rally in domestic equities lifted trading sentiment in forex market.

Fuel prices witness fresh hike, petrol at Rs 68.50 in Delhi

Amidst the perpetual rise and fall, the rates of fuel prices went up for the first time in 2019 with the petrol selling at Rs 68.50 and diesel at Rs 62.24 on Monday, with a rise by 21 paise and 8 paise per litre, respectively.

Rupee ends steady at 71.12; Fed policy, Budget eyed

On Tuesday, the rupee had settled 1 paisa lower at 71.11 against the US dollar.

Things at JNU comically bad: Professor who won Infosys Prize 2018

Reacting to the development, she said things at the university were "comically bad".

Rupee up 7 paise against USD on easing crude prices

Fresh foreign fund inflows propped up the rupee.

India's SpiceJet shares rise; gives additional bank guarantee to airport operator

High oil prices, a weaker Re and intense fare wars are hurting airlines' profitability.

Rupee settles 10 paise lower at 71.17 against US dollar

Forex traders said concerns related to fiscal slippage weighed on the local unit.

Rupee rises 8 paise to 69.69 against dollar

According to Motilal Oswal Financial Services, weakness in the dollar against its major crosses has been one of the major reasons that led to the appreciation in the rupee.

India's external debt declines 3.6% to $510.4 billion at Sept-end

"The decrease in the magnitude of external debt was primarily due to valuation gains resulting from the appreciation of the US dollar against the rupee," RBI said

Elections, dollar strength and oil price to determine rupee direction

​On the macro overview, Standard Chartered expects GDP growth to remain robust in 2019.

Fuel price reduction may dent oil firms EBITDA by Rs 6500 crore: Moody's

These three OMCs account for about 95 per cent of the country's retail fuel sales.

All is not good for exports with rupee depreciation: FIEO

FIEO said that though Rupee has depreciated by over 13% in 2018, the trends in NDF market indicate that further fall is not ruled out, particularly as short-term debt share in India’s external debt is increasing.

Rupee slips further, down 9 paise at 71.28 against dollar

Forex traders said foreign fund outflows and a stronger dollar impacted the trading pattern for the local unit.

Most Asian currencies subdued as US share rally boosts dollar

On Thursday, the Indian rupee, the worst performing Asian unit this year.

Most Asian currencies shaky as growth concerns, US politics dent sentiment

The Singapore dollar and Malaysian ringgit both firmed 0.1 per cent.

Rupee recovers after report of talks on special dollar window for oil firms

By 0532 GMT, the rupee was trading at 73.05/06 per dollar.

Rupee getting stronger on rising foreign fund inflows

The rupee rose 0.13 per cent against the dollar since the beginning of this month.

Market Movers: What changed for D-Street while you were sleeping

Let us check out the factors which may bring action to the domestic market on Dalal Street.

Rupee gains past 70-level against dollar

Rupee climbed 112 paise on Tuesday and registered its best single-day gains in over five years.

Rupee logs best day in over 5 years, vaults 112 paise on crude slide

Tuesday's 112 paise ascent marked the best day for the rupee since September 19, 2013.

Technology won't kill but create jobs: Narayana Murthy

The renowned IT Industrialist noted that technology provides an opportunity for people to move from drudgery to tasks that require more human touch.

Share market update: IT shares rise on weak rupee; Infibeam Avenues jumps nearly 3%

Benchmark NSE Nifty50 index was down 68.65 points at 10,419.8 while BSE Sensex was down 260.34 points at 34,699.38.

Rupee the 'whipping boy', but may dodge record low

After reversing deep losses of 2018, the rupee has lost about 3 per cent so far this year.

Fuel prices witness fresh hike

In Mumbai, petrol prices crossed Rs 90-run mark with the fuel being sold at Rs 91.20 per litre. The diesel price is Rs 79.89 per litre, increased by Rs 0.17.

Asian currencies gain on stronger prospects for Fed rate cut

​​The Chinese yuan, the Singapore dollar and the Taiwan dollar were marginally firmer.

Rupee gains 8 paise to 70.82 against US dollar

The rupee settled for the day at 70.67, higher by 23 paise against its previous closing price.

Most Asian currencies weaken as growth fears set off 'flash crash'

The won weakened as much as 0.9 per cent at one point to 1,128.40 per dollar.

Sensex plunges 363 pts, Nifty50 below 10,800; 5 factors behind market's pain

China's factory activity contracted for the first time in over two years in December.

Most Asian currencies decline as factory activity fizzles

​​The rupee and the Malaysian ringgit also retreated after softer manufacturing readings.

MSE gets Sebi approval for weekly options on currency products

The approval for new products comes at the most opportune time.

Stock market update: IT stocks mixed; Infosys up, but TCS down

The Nifty IT index was trading with a tepid gain of 0.36 per cent at 16,107 around 11:25 am.

Rupee begins 2019 on a high, jumps 34 paise

The domestic unit has rallied by a hefty 92 paise in the last three trading sessions.

Rupee's tumultuous year ends with 9% annual loss at 69.77

On year-over-year basis, the rupee depreciated by a whopping 509 paise, or 9.23 per cent.

Share market update: IT shares dip; Tech Mahindra slumps 3%

Benchmark NSE Nifty50 index was up 78.85 points at 10,225.65 while BSE Sensex was up 276.67 points at 34,123.90.

RBI likely sold dollars to keep rupee from reaching 72

The rupee quickly reversed some of its losses today and was trading at 71.86 to the dollar.

Rupee tanks 87 paise to 70.46, logs biggest single-day fall since Aug

Oil prices jumped sharply after the US and China agreed to a 90-day truce in a trade dispute.

Atul Suri is putting faith in hope trade, betting on 2 sectors selectively

The ongoing hope trade will strengthen in case there is some positive government action, says Suri

Stock market update: Nifty Pharma top sectoral gainer; Cadila jumps 4%

The Nifty Pharma index was trading 1.98 per cent up at 10,321.1 around 11 am, with all components in the green.

Share market update: Pharma stocks rise on rupee's fall; Cadila, Sun Pharma among top gainers

The Nifty Pharma index was trading 0.81 per cent up at 10,089.8 around 12:11 pm.

India's 2018 thermal coal imports grew at fastest pace in 4 yrs

That trade gap has been hurting the valuation of the rupee, the worst performing major Asian currency in 2018.

Mentha oil up in morning trade

MCX Mentha Oil was up 1.29 per cent at Rs 1709.90 per 1 kg at around 10.30 am (IST).

Market Movers: What changed for D-Street while you were sleeping

Foreign portfolio investors (FPIs) bought Rs 1,038.58 crore worth of domestic stocks on Tuesday.

Rupee not yet out of troubled waters, may again drop towards 74 level

The dollar may continue to enjoy safe haven status, which will be negative for the rupee.

Momentum favors rupee as India reaps gains of cheaper oil

The government is stepping up social spending before general elections in 2019.

Government likely to renew demand for extra dividend from RBI: Sources

The central bank announced the transfer of 500 billion rupees.

EM carry trade returns set for best month since January

Asian currencies could react negatively if US talks with China were to break down

Short positions on most Asian currencies drop; dollar momentum seen waning: Poll

Bearish bets on the Singapore dollar, Taiwan dollar and the Philippine peso declined over the past two weeks.

Fall of rupee: Chidambaram says still looking forward to BJP's 'achhe din'

Continuing its free fall for the fourth straight session, the Indian rupee yesterday hit a record closing low of 68.79, showing a fall of 18 paise against the US dollar.

Higher dollar returns make nifty a star performer

France, Germany, US, UK and Japan markets are down by near 10 per cent or more.

Politics, US-China trade talks among 7 factors that may guide market next week

Indian equity, commodity and forex markets will be closed on Monday for Mahashivratri.

Rupee drops 27 paise against dollar, ends below 70 level for the first time

The rupee has been under the pressure in the past few sessions due to big meltdown in the Turkish lira.

Leisure travellers turning to nations facing currency fall

Over the last few months, there has been a weakening of South African Rand by 10%, Turkish Lira by over 60% and Indonesian Rupiah by 4-5%.

Easing tensions between RBI, government positive for INR assets: DBS

INR bonds have retained recent gains but struggled to make further headway.

Rupee opens 20 paise up at 71.47 against dollar

The local currency advanced 26 paise to 71.67 against the US currency on Tuesday.

Asia Index launches S&P BSE Private Banks Index

The S&P BSE Private Banks Index is drawn from the constituents of the S&P BSE Finance Index.

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service