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INR settles higher, supported by good recovery in local equities
The Indian rupee appreciated by 7 paise to settle at 95.41 (provisional) against the US dollar on Thursday even as crude oil prices firmed up and the greenback strengthened in the global markets. A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. At the interbank foreign exchange market, the rupee opened lower by 4 paise at 95.52 against the US dollar and later traded in the range of 95.58 to 95.28 during the day. It settled at 95.41 (provisional), up 7 paise from the previous close. The rupee had declined by 52 paise to settle at 95.48 against the US dollar on Wednesday. Indian shares ended modestly higher on Thursday, after having fallen heavily in the previous session amid escalating hostilities in the Middle East. At the close of the market, the NSE Nifty 50 advanced 80.75 points (0.34%) to settle at 23,962.80, while the BSE Sensex gained 238.22 ...
D-St set for a positive opening as GIFT Nifty signals firm start
Indian markets experienced widespread selling on Wednesday, with the Nifty declining significantly. Global risk sentiment deteriorated following US President Donald Trump's comments on Iran. Asian markets also traded lower, reflecting the weak global backdrop. The Indian Rupee tanked against the US dollar as oil prices rose. Foreign and domestic investors showed net buying activity in equities.
ONGC Emerges Top Performer In Nifty 50 Pack, Defies Stock Market Crash
Shares of the state-run oil & gas explorer traded higher despite the stock market crash amid renewed US-Iran tensions that led to a spike in global crude oil rates by upto 5%.
China's SAFE Nears $2 Trillion In Assets, Set To Become World's Second-Largest Sovereign Wealth Fund
China's foreign exchange reserves fund has almost doubled its assets since early 2025, driven by gains in global equities and overseas investments.
Market Pulse: Key triggers to watch ahead of the July 3 trading session
Market Pulse July 3: Global cues remain supportive as US stocks traded higher after weaker-than-expected jobs data reinforced hopes of a prolonged pause in Federal Reserve rate hikes. Domestically, investors will track Adani Enterprises’ ₹10,000-crore QIP launch and developments in energy markets after the government ruled out an immediate fuel price cut. Technically, Nifty’s close above its 100-day moving average has improved sentiment, with analysts seeing scope for a move towards 24,300-24,500, while 24,000 remains a key support level.
Sensex falls 50 points, Nifty above 24,050; Eternal, Sun Pharma, TechM rise 1%
Indian stock markets traded mixed on Monday, with Sensex dipping slightly and Nifty inching higher amidst rising oil prices due to Iran-US tensions. While some blue-chips gained, broader markets saw a minor decline. Analysts suggest a potential market upturn due to easing FII selling and South Korea's volatility, but a deficient monsoon remains a concern. Upcoming Q1 results are expected to drive stock-specific movements.
INR settles higher as global crude oil prices continue to slide
The Indian rupee appreciated 16 paise to settle at 94.39 (provisional) against the US dollar on Thursday as global crude oil prices continued to slide. Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the local unit while FII outflows prevented sharper gains. At the interbank foreign exchange, the rupee opened at 94.30 against the dollar and traded in the range of 94.13-94.56. It settled at 94.39 (provisional), up 16 paise from the previous close. Indian shares gave up some early gains to end modestly higher on Thursday. Underlying sentiment remained underpinned somewhat as oil prices extended declines to levels seen before the Middle East conflict on signs of improving flows through the Strait of Hormuz, a key maritime route that handles around one-fifth of global oil supplies.
Ahead of Market: 10 things that will decide stock market action on Wednesday
Sensex and Nifty plunged over 1% on Tuesday amid global market weakness, IT sector losses, a weaker rupee and fresh foreign fund outflows. Investors will track technical levels, global cues, FII activity and key stock movements on Wednesday as markets look for direction after the sharp decline.
INR settles lower amid pessimistic global sentiments
The Indian rupee declined 11 paise to close at 94.74 (provisional) against the US dollar on Tuesday weighed down by a firm greenback and weak domestic markets. However, a decline in global crude oil prices cushioned against a sharper decline in the local unit. At the interbank foreign exchange, the rupee opened at 94.73 against the US dollar and traded in a range of 94.63-94.92 before settling at 94.74 (provisional), down 11 paise from its previous close. Indian stock indices Sensex and the Nifty50 ended notably lower on Tuesday, weighed down by weakness in global markets, FII selling and weak Indian PMI data. Global tech stocks fell amid concerns that AI-driven valuations have become overstretched, triggering heavy selling in the Indian tech space.
Stock market today: Gift Nifty hints muted start; US-Iran peace talks to crude oil prices - 8 stocks to buy
The Indian stock market is expected to open cautiously amid mixed global cues. Sensex and Nifty gained on Monday, driven by optimism over US-Iran peace talks, although Asian markets traded lower. Experts recommend a 'buy on dips' strategy for Nifty as key levels remain critical.
Stocks in news: Prime Focus, Groww, GIC RE, Wipro, Nykaa
Indian benchmark indices traded with a positive bias, with the Nifty consolidating near the 24,000 mark and closing near its day's high. Several companies, including Prime Focus, GIC RE, Wipro, Groww, and Nykaa, were in focus due to significant news developments. These ranged from regulatory approvals and successful acquisitions to strategic AI collaborations and expansion into international markets.
Rupee appreciates for 3rd straight day on easing West Asia tensions
The rupee appreciated for the third straight session on Tuesday to close 5 paise higher at 94.53 (provisional) against the US dollar, supported by easing West Asia tensions and extended fall in crude oil prices. Forex traders said that with the reported de-escalation of the US-Iran conflict and diplomatic agreements regarding the Strait of Hormuz, the immediate threat to global energy supplies has significantly reduced. Moreover, softening of the US dollar and a decline in US treasury yields also supported the USD/INR pair, they said. At the interbank foreign exchange, the rupee opened at 94.69 against the US dollar and traded in the range of 94.48-94.71. Eventually, it settled at 94.53 (provisional), up 5 paise from its previous close. "We expect the rupee to trade with a positive bias as global markets cheer the US-Iran deal, which has boosted global risk sentiments. Declining US dollar and falling crude oil prices may further support the rupee. "Easing inflation concerns and ..