The Indian rupee opened higher at 69.75 per dollar on Friday morning against the previous close of 70.01 amid sinking crude oil prices and BJP’s thumping victory in the Lok Sabha elections.
Utilisation rates at steel mills have risen 2.07 percentage points in the week to May 24 from 71.13% the week before, data compiled by Mysteel consultancy showed. Those were the highest levels since m
The Indian headline indices- Sensex and Nifty are likely to open higher as the Bharatiya Janata Party won a majority of the seats in the Lok Sabha elections 2019 as the markets had expected.
Share market highlights: The Sensex and Nifty ended the week on a euphoric note after Narendra Modi-led NDA's emphatic victory in Lok Sabha polls. The Sensex closed 624 points higher at 39,434.72.
On Thursday, President Donald Trump said U.S. complaints against Huawei Technologies Co Ltd might be resolved within the framework of a U.S.-China trade deal, while at the same time calling the Chines
The dollar hit a high of 98.371 against a basket of six major currencies overnight. The index was last quoted at 97.880, unchanged on the day. The euro fetched $1.1182.
For instance, REC had issued a 10-year paper at 8.8% on May 14, while it issued a similar tenure bond on March 28 at a higher coupon rate of 8.97%. The spreads fell to 143 bps on May 14, against a spr
A government with a clear majority like this can take bolder steps and continue with the reforms, which is also positive for the markets, because, when the economic conditions are good the market does
The stock market witnessed its worst intra-day fall in 11 years on Thursday, after the Sensex and Nifty surged to new peaks on Narendra Modi’s emphatic election win.
India's credit rating will depend on the policies of the new government, Moody's said Thursday and expressed hope that the country would continue with its fiscal consolidation plan.
With the Indian headline index Sensex breaching 40,000 mark for the first time ever, Morgan Stanley, a global brokerage house, expects it to rally further and hit a new high of 45,000 level by June, 2
Encompassing 0.5m sq.ft., Q4 volumes (5k sq.ft.) for this affordable-housing project are nothing much to write about as the project hit the markets toward end-March 2019.
The regulator highlighted that issuers perceive a higher exposure to price risk due to current rights issue process while investors expect allotment and listing timelines to be shortened.
The market cap of the companies listed on BSE surged by Rs 2,87,028.8 crore to Rs 1,53,56,153.14 crore in early trade from Rs 1,50,69,124.34 crore on Wednesday.
