The Indian rupee slipped to a fresh lifetime low on Friday as escalating geopolitical tensions in the Middle East and rising crude oil prices rattled financial markets. The sharp spike in oil prices has raised concerns about India’s economic outlook, given the country’s heavy dependence on energy imports. The domestic currency weakened to 92.39 per…
Petrol and diesel prices across several Indian cities saw marginal changes but these fuel rates remained largely unchanged on March 13, Friday, even as global oil markets scramble for stability. After one of the most turbulent trading weeks in years. Cities like Hyderabad, Kolkata and Patna continue to have some of the highest petrol prices…
Stock Market Today LIVE: The Indian stock market is expected to extend losses on Friday, March 13, following heavy selling in the global equities, as worries over the economic fallout of the prolonged US-Iran war and the surge in crude oil prices continue to push investors away from risky assets. The trends on Gift Nifty…
Indian IT stocks have been under intense pressure in recent months as fears that growing artificial intelligence could disrupt the traditional outsourcing model that has powered the sector for decades. Yet, the recent escalation in the US–Iran conflict has added a new dynamic to the outlook, raising the question of whether the beaten-down sector could…
The Indian rupee fell 0.3% to 92.3575, eclipsing its previous lifetime low of 92.3475 hit earlier this week. Source
The rupee declined 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger greenback as the war in West Asia raged on. FII outflows and weak sentiments in the domestic equity markets further pressured the local unit, according…
The rupee consolidated in a narrow range and settled for the day 3 paise lower at 90.64 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders said the rupee traded in a narrow range with a weakening…
Stock Market Today LIVE: The Indian stock market is expected to see a rally on Tuesday, extending gains from previous session, after the US President Donald Trump announced a trade deal between the US and India, following his conversation with Prime Minister Narendra Modi. The trends on Gift Nifty also signal a massive gap-up opening…
A wave of risk-off sentiment swept through global financial markets on Monday, pushing stocks, commodities, cryptocurrencies and bonds lower, as investors grappled with a mix of domestic policy concerns and tightening global financial conditions. Indian stock market remained volatile, with the Sensex and Nifty 50 oscillating between gains and losses, a day after the Union…
The rupee on Friday hit its record low of 92.02 before ending a tad higher at 91.97 against the US dollar, amid a firm American currency and volatile geopolitical cues. Forex traders said sustained withdrawal of foreign funds and a negative trend in domestic equities weighed on investor sentiment. At the interbank foreign exchange, the…
