A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty surged on Friday (June 6, 2025) morning trade after the RBI cut repo rate by a higher-than-expected 50 basis points to prop up growth. Recovering all the early lost ground, the 30-share BSE Sensex jumped 591.94…
The interest-rate-sensitive realty index jumped 4.74%, while the auto index went up 1.50% and bankex climbed 1.25%. File | Photo Credit: AP Benchmark equity indices surged on Friday (June 6, 2025), with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000 level after the RBI cut interest rates by more than expected 50 basis…
Mehul Choksi. File | Photo Credit: ANI Markets regulator SEBI has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling ₹2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems. The latest move followed a demand…
Moreover, a surge in the domestic markets supported the rupee at lower levels, with both the indices settling with gains of over 1%. File | Photo Credit: Reuters The rupee pared initial losses and appreciated 11 paise to close at 85.68 (provisional) against the U.S. dollar on Friday (June 6, 2025), after the Reserve Bank…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Friday (June 6, 2025) ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the…
The rupee witnessed range-bound trading in the morning session on Friday (June 6, 2025), ahead of the Reserve Bank’s monetary policy outcome. Forex traders said market participants are keenly awaiting the outcome of the Reserve Bank of India’s monetary policy meeting for further cues. The RBI’s rate-setting panel started its three-day brainstorming on monetary policy…
A screen displaying the Sensex is pictured at the Bombay Stock Exchange (BSE) building in Mumbai, India, May 12, 2025. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty ended higher on Thursday (June 5, 2025), driven by buying in blue-chip stocks ICICI Bank and Reliance Industries amid fresh foreign fund inflows and firm…
Image for representational purposes only. | Photo Credit: Reuters The rupee snapped its two-day losing streak and closed 7 paise higher at 85.80 (provisional) against the U.S. dollar on Thursday (June 5, 2025), supported by positive domestic equities and a rise in Asian currencies. Forex traders said overnight softening of crude oil prices favoured the…
From the Sensex firms, Eternal, Power Grid, Reliance Industries, Sun Pharm, Mahindra & Mahindra, HCL Tech, Adani Ports and NTPC were among the biggest winners during the early morning trade on June 5, 2025. File photo | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty rallied in early trade on Thursday (June 5,…
Image for representational purposes only. | Photo Credit: R. Ragu The rupee depreciated 9 paise to 85.96 against the U.S. dollar in early trade on Thursday (June 5, 2025), weighed down by dollar demand from foreign investors, oil companies, and importers. Forex traders said market participants are now keenly awaiting the outcome of the Reserve…
