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INR settles lower as global crude oil prices stay elevated amid Middle East turmoil
The Indian rupee depreciated 15 paise to close at 95.34 (provisional) against the US dollar on Tuesday, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. At the interbank foreign exchange market, the rupee opened at 95.16 against the US dollar, then touched an intraday high of 95.03 and a low of 95.37. Indian shares closed higher on Tuesday, staging a rebound after four days of losses as investors assessed mixed signals over the status of U.S.-Iran peace talks and awaited upcoming RBI rate decision. The Nifty 50 gained 100.95 points (0.43%) to close at 23,483.55, while the Sensex rose 382.50 points (0.52%) to settle at 74,649.84.
Benchmarks snap 4-day losing streak; IT stocks power market rebound
The S&P BSE Sensex jumped 382.50 points or 0.52% to 74,649.84. The Nifty 50 index rose 100.95 points or 0.43% to 23,483.55. In the past four consecutive trading sessions, the Sensex tanked 2.90% while the Nifty fell 2.70%.
Market snaps four-day losing streak; Nifty settles above 23,450 mark
As per provisional closing data, the barometer index, the S&P BSE Sensex surged 382.50 points or 0.52% to 74,649.84. The Nifty 50 index rallied 100.95 points or 0.43% to 23,483.55. In the past four consecutive trading sessions, the Sensex tanked 2.90% while the Nifty fell 2.70%.
Sensex, Nifty advance strongly; IT shares shine
At 14:30 IST, the barometer index, the S&P BSE Sensex jumped 510.32 points or 0.69% to 74,783.55. The Nifty 50 index rallied 146.60 points or 0.63% to 23,530.45.
Sensex drops 265 pts; media shares decline
At 11:30 IST, the barometer index, the S&P BSE Sensex, slipped 265.04 points or 0.36% to 74,000.21. The Nifty 50 index lost 104.65 points or 0.45% to 23,277.95.
Stock Market Live Updates Today: BSE Sensex opens around 400 points down, Nifty50 below 23,300 as crude oil prices remain high - The Times of India
Stock Market Live Updates Today: BSE Sensex opens around 400 points down, Nifty50 below 23,300 as crude oil prices remain highThe Times of India
Nifty trades below 23,400 level; pharma shares decline
At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 46.18 points or 0.02% to 74,255.24. The Nifty 50 index fell 30.50 points or 0.13% to 23,354.
INR extends slump beyond Rs 95 per dollar mark
The Indian rupee extended slump beyond Rs 95 per dollar mark on Tuesday as oil prices shot up late yesterday amid stalled talks between US and Iran reigniting fears of oil supply disruption. Crude oil prices surged following reports from Iran's news agency indicating that Tehran has halted indirect negotiations with the United States. INR opened at Rs 95.16 per dollar and hit a low of 95.18 so far during the day. Yesterday, the counter settled at 95.19. Meanwhile, the Indian stock market is extending its losses today, tracking weak global cues and Middle East tensions. The BSE Sensex dropped by over 440 points in early trade, slipping into the 74,200 range, while the NSE Nifty 50 fell beneath the 23,250 mark.
Lodha Developers Ltd Slips 2.29%, BSE Realty index Shed 1.26%
Lodha Developers Ltd has lost 2.65% over last one month compared to 3.46% fall in BSE Realty index and 3.86% drop in the SENSEX
InfoBeans Technologies Ltd Surges 5.05%, BSE Information Technology index Gains 1.11%
InfoBeans Technologies Ltd has lost 6.89% over last one month compared to 2.65% gain in BSE Information Technology index and 3.86% drop in the SENSEX
Barometers nudge lower; Nifty trades below 23,300 level
At 09:30 IST, the barometer index, the S&P BSE Sensex, declined 307.40 points or 0.41% to 73,959.94. The Nifty 50 index fell 106.95 points or 0.43% to 23,278.30.
RBI clears Mirae Asset MF to raise stake in Equitas SFB up to 9.5%
The RBI has approved Mirae Asset Mutual Fund to acquire an aggregate holding of up to 9.5% in Equitas Small Finance Bank. The approval is valid for one year and is subject to compliance with banking and securities regulations.