are indicating another record opening on Wednesday, 27 May, as the rally in tech stocks continued to support Wall Street, even as hopes of a potential peace deal in the…
Category: Market
Weekly Rupee View: Rupee eyes stability
The rupee recovered over the past week, appreciating about 0.87 per cent or 84 paise to close at 95.6862 against the dollar on Tuesday. The rebound comes after the domestic currency had witnessed sharp weakness…
RBI’s forex intervention in spot and forward market in FY26 highest in a decade
The Reserve Bank of India recorded its largest net sale of foreign currency in at least 15 years, and its outstanding position in the forward market hit a decadal high…
Panagariya urges RBI to ignore ₹100/$ psychological barrier, let rupee adjust naturally
Economist Arvind Panagariya has urged the Reserve Bank of India not to allow the “psychology” surrounding the rupee breaching the 100-per-dollar mark to dictate its policy response, arguing that depreciation…
Stock market today: Sensex falls 142 points, Nifty manages to end above 23,900; mid, small-caps continue outperformance
Stock market today: Frontline indices, the Sensex and the Nifty 50, ended slightly lower on Wednesday, 27 May, extending losses for the second consecutive session, largely due to the poor…
Adani Power pips Infosys to become 11th most valuable firm in Indian stock market amid 66% YTD rally
Adani Power surpassed IT major Infosys in terms of market capitalisation (m-cap) on Wednesday, 27 May, to emerge as the 11th most-valuable Indian company amid a sharp rally in the…
Top Gainers & Losers on May 27: JP Power Ventures, Adani Total Gas, HFCL, Swiggy, Suzlon Energy among top gainers
The Indian stock market remained largely unchanged in Wednesday’s trade, 27 May, as investors turned cautious amid uncertainty surrounding a potential peace deal in West Asia following fresh US strikes…
Sensex slips 142 points as HDFC Bank, ONGC drag; metal stocks limit losses
Equity benchmarks dipped after a flat opening on Wednesday as losses in HDFC Bank and ONGC offset gains in metal and energy shares, while investors remained cautious over the fragile…
India on track to become stock-pickers’ market in June, brokerages say
India is likely to become a stock-pickers market in June as local money moves selectively into certain sectors while bearish bets by overseas investors limit broader gains, two brokerages said.…