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Stock Market Live Updates Today: BSE Sensex, Nifty50 trade in red; RBI keeps repo rate unchanged at 5.25%, announces measures for foreign capital - The Times of India
Stock Market Live Updates Today: BSE Sensex, Nifty50 trade in red; RBI keeps repo rate unchanged at 5.25%, announces measures for foreign capitalThe Times of India
Nifty hovers above 23,450 as RBI maintains repo rate unchanged
At 10:30 IST, the barometer index, the S&P BSE Sensex, rose 234.70 points or 0.32% to 74,594.71. The Nifty 50 index added 53.10 points or 0.23% to 23,468.55.
INR settles lower as prolonged West Asia crisis poses a major risk for India; RBI eyed
The Indian rupee depreciated 7 paise to close at 95.83 (provisional) against the US dollar on Thursday, as heightened geopolitical tensions between the US and Iran drove energy volatility and aggressive safe-haven buying. The prolonged West Asia crisis poses a major risk for India, which relies heavily on energy imports. Market participants are now turning their attention to the Reserve Bank of India's MPC rate decision on June 5, as inflation, growth and the rupee are under focus. The six-member MPC, headed by RBI Governor Sanjay Malhotra, will announce its decision on June 5. Indian equity benchmarks ended flat but resilient today, recovering from early intraday losses. The NSE Nifty 50 closed marginally higher by 10.95 points (0.05%) at 23,416.55, while the BSE Sensex inched up 13.84 points (0.02%) to finish at 74,360.01. The primary catalysts for the market recovery were breaking news of potential tax concessions for foreign institutional investors (FIIs) and tentative signs of ..
RBI MPC meeting begins today: Will RBI announce a rate hike as Middle East conflict threatens to drive inflation?
According to wealth management firm DSP Mutual Fund, the central bank is unlikely to announce a rate hike, instead, the bank is likely to follow a step-by-step sequence before pulling the trigger on rates to defend the currency.
Concord Enviro Systems arm bags ₹16-cr order for zero liquid discharge systems
The company said the order has been awarded by a domestic entity and will be executed over a period of 28 weeks. Shares of Concord Enviro Systems Ltd ended at ₹257.30, down by ₹15.85, or 5.80%, on the BSE today, June 2.
MIRB Stock Price | Mirae Asset BSE Select IPO ETF - Investing.com
MIRB Stock Price | Mirae Asset BSE Select IPO ETFInvesting.com
MIRQ Stock Price | Mirae Asset BSE 200 Equal Weight ETF - Investing.com
MIRQ Stock Price | Mirae Asset BSE 200 Equal Weight ETFInvesting.com
Mirae Asset BSE 200 Equal Weight Share Price | NSE:MIRQ ETF - Investing.com India
Mirae Asset BSE 200 Equal Weight Share Price | NSE:MIRQ ETFInvesting.com India
Mirae Asset BSE Select IPO Share Price | NSE:MIRB ETF - Investing.com India
Mirae Asset BSE Select IPO Share Price | NSE:MIRB ETFInvesting.com India
INR rebounds well from historic lows as oil retreats from elevated levels; geopolitical risk and oil price sensitivity to cap upside
The Indian rupee rebounded 49 paise from its all-time closing low to settle at 96.37 against the US dollar on Thursday after crude oil prices retreated from elevated levels amid signs of easing geopolitical friction, alongside likely central bank intervention. Rupee had gained after the recent geopolitical developments, but investors are still gauging the geopolitical risk and oil price sensitivity in the background. The one-year forward market rate for the rupee touched the crucial 100/USD mark on Wednesday, indicating that currency markets are pricing in a weakening bias for the USD/INR pair over the next 12 months. Meanwhile, The Nifty 50 settled at 23,654.70 (down 4.30 points or 0.02%), while the BSE Sensex closed at 75,183.36 (down 135.03 points or 0.18%). The dollar index rose above 99.2 on Thursday, approaching again April-highs, as markets continued to track developments in the Middle East.
Gold, Silver Rates Today LIVE: MCX gold rate above ₹1.62 lakh, silver prices jump over 6% after import duty hike
Gold, Silver Rates Today LIVE: Strong domestic investment demand for gold persisted. Indian gold ETF inflows jumped 186% YoY to a record 20 metric tons in the March quarter.
Recode Studios share price hits 5% upper circuit after bumper debut
Recode Studios shares debuted strongly on BSE SME, opening at ₹213.10, 35% above the issue price. The stock reached an upper circuit limit of ₹223.75. The IPO raised ₹44.6 crore, with a subscription rate of 234.64 times.