The Reserve Bank of India likely stepped in to sell dollars on Thursday to support the rupee after a jump in oil prices pushed the currency near its record low…
Category: Market
Nithin Kamath of Zerodha sounds alarm on options market, says real hedging is getting harder
India’s booming derivatives market has become one of the most active in the world, with trading volumes exploding over the past decade. But according to co-founder , the structural shift…
Adani Total Gas share price zooms 14%, jumps 37% in two days: What’s behind the rally?
Shares of zoomed over 14% in intraday deals on Thursday, March 12, defying the slump in the Indian stock market, amid concerns over tightening natural gas supplies in India due…
KEC International share price jumps 5% on bagging orders from Saudi Arabia, Africa despite US-Iran war
KEC International share price jumped over 5% in early trade on Thursday after the company announced receipt of orders from Saudi Arabia, US and Africa despite the US-Iran war in…
HPCL to IOC: OMC stocks fall up to 3% as Brent crude reclaims $100/bbl
Shares of oil marketing companies (OMCs) fell up to 3% in Thursday’s trading session after crude oil prices once again jumped to $100 per barrel amid ongoing US-Iran war. (This…
Swiggy, Eternal shares fall 5% as LPG shortage disrupts restaurant operations
Shares of food delivery platform and cloud kitchen operator declined sharply on Thursday as commercial LPG shortages disrupted restaurant operations and weighed on online order volumes. HIGHLIGHTS | STOCKS FALL…
Oil prices top $100/bbl as supply concerns worsen amid escalating US-Iran war: Can they cross $130 mark soon?
US-Iran war: Crude oil prices surged past the $100 a barrel mark on Thursday, March 12, as supply concerns worsened with Iranian attacks on commercial shipping around the Strait of…
Crude shock drags Sensex, Nifty to multi-month lows as FIIs extend selling streak
Markets opened sharply lower on Thursday, March 12, with the slipping 822.83 points or 1.07 per cent to 76,040.88 at 9.30 am, after closing at 76,863.71 on Wednesday and opening…
Rupee falls 31 paise to 92.32 against US dollar in early trade
The rupee depreciated 31 paise to 92.32 against the US dollar in early trade on Thursday, pressured by FII outflows, rising global crude oil prices and a stronger greenback as…