The central bank’s surprise cap on forex positions gave the battered a brief reprieve on Monday, but bankers and analysts say the steps will hit banks’ trading revenue and that…
Category: Market
Stock market crash: Over 1,500 stocks hit 52-week lows as Sensex tanks 1,636 points
The domestic equity market continued reeling under massive selling pressure for the second consecutive session on Monday, March 30, amid mounting concerns over the US-Iran war, rising crude oil prices,…
Top Gainers & Losers on Mar 30: Hindustan Copper, Tata Motors, Ceat, OLA, Canara Bank, Paytm among top losers
The sell-off in the Indian stock market further deepened in Monday’s session, March 30, as the war in West Asia stretched into its fifth week, keeping riskier assets out of…
Sensex ends 1,635 points down, Nifty below 22,400; banking stocks tumble
Sensex ends 1,635 points down, Nifty below 22,400; banking stocks tumble This is a developing story. It will be updated. Source
Rupee breaches 95-level against US dollar for first time
The rupee pared its initial gains and hit a historic low of 95.22 in intra-day trade on Monday, rising oil prices, ongoing geopolitical tensions, and a strong dollar environment continuing…
Indian rupee slips past 95 mark for first time amid escalating US-Iran war. Can it touch 100 per dollar?
USD vs INR: The Indian rupee fell to a fresh all-time low on Monday, reversing early gains, as fundamentals remained skewed against the currency. The rupee weakened past the 95…
Urban Company shares jump 8% as InstaHelp crosses 1 million bookings in March
Shares of home services marketplace gained nearly 8% in Monday’s intraday trade, March 30, reaching the day’s high of ₹123.39 apiece, even as the broader market extended its sell-off for…
New Mangalore Port set to receive Iranian LPG consignment
New Port is expected to receive Iranian cargo on Tuesday. Sources said the LPG tanker Aurora is bringing the cargo from the Asaluyeh port in Iran. The tanker, which is…
US-Iran war: Crude oil price rally may spur EV, renewable energy push; Ather, TVS Motor, Waaree among top stock picks
The surge in crude oil prices due to the prolonged US-Iran war has stoked fears of high inflation and rattled global financial markets. The Indian stock market is also reeling…