Business

RBI keeps repo rate unchanged at 6.5 pc, raises FY24 GDP growth forecast to 7 pc

RBI keeps repo rate unchanged at 6.5 pc, raises FY24 GDP growth forecast to 7 pc

Mumbai : As widely expected by markets and policy-watchers, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday decided to keep the policy repo rate unchanged at 6.50%. With the central bank maintaining the status quo on key lending rates, EMIs for housing, cars, businesses, and other loans would not rise. “After […]

Sensex falls 132.04 points

Sensex falls 132.04 points

Mumbai: Snapping a winning streak of the last seven sessions, the BSE Sensex on Thursday declined 132.04 points to settle at 69,521.69 as selling was seen in FMCG, technology, and IT stocks. The National Stock Exchange (NSE) eased 36.55 points to 20,901.15. The Sensex opened higher at 69,694.15, rising 41 points. Later, it dropped nearly […]

Sensex zooms over 1000 pts

Sensex zooms over 1000 pts

Mumbai: The BSE Sensex on Monday posted a massive gains of 1026 pts at 68,507.25, a new high in opening session, following BJP’s better than expected performance in recent assembly elections. The National Stock Exchange (NSE) rose 311 pts at 20,578.90. The stocks include Bankex, Realty, Technology were seen strong in early trade. The Sensex […]

Rupee up 8 paise against USD

Rupee up 8 paise against USD

Mumbai: The rupee on Friday gained eight paise at 83.31 in the opening session against the US dollar, which is sold by bankers and exporters, dealers at the Foreign Exchange said. The domestic unit surged owing to a weak dollar against other world currencies amid a robust equity market in opening trade. The rupee recorded […]

Sensex up over 300 points

Sensex up over 300 points

Mumbai: Extending the rally on Friday, the BSE Sensex advanced 310.98 points, breaching the 67K level at 67,299.42 in the opening session on strong global cues. The National Stock Exchange (NSE) rose 97.15 points to 20,230.30. The stocks, which include real estate, utilities, and industrials, edged up in early trade. The Sensex registered intraday highs […]

Rupee opens flat at 83.31 versus USD

Rupee opens flat at 83.31 versus USD

Mumbai: The Rupee on Thursday opened on a flat note at 83.31, rising nominal by one paisa against US Dollar by selling of Dollars by bankers and exporters, dealers at the Foreign Exchange said. The domestic unit remained unchanged on weak dollar against other world currencies, The Rupee recorded intra days high and low at […]

Maruti Suzuki decides to hike car prices from January, 2024

Maruti Suzuki decides to hike car prices from January, 2024

New Delhi: The country’s largest carmaker Maruti Suzuki on Monday announced a hike in the prices of its cars effective January, 2024 citing increased cost pressure. “The company has planned to increase the prices of its cars in January, 2024 on account of increased cost pressure driven by overall inflation and increased commodity prices,” Maruti […]

BSE, NSE closed for ‘Gurunanak Jayanti ‘

BSE, NSE closed for ‘Gurunanak Jayanti ‘

Mumbai: There was no trading in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Monday on account of ‘Gurunanak Jayanti ‘, broker informed. Similarly, Forex Market also shut for the same, they added.

Sensex improves 70 points

Sensex improves 70 points

Mumbai: The BSE Sensex on Friday recovered 70.15 points at 66,087.56 as almost all the stocks were in green in early trade. The National Stock Exchange (NSE) rose 25.35 points to 19,827.35. The NSE posted intraday highs and lows at 19,832.85 and 19,809.10 pts respectively. The Sensex registered intraday highs and lows at 66,101.64 and […]

Sensex gains 89 pts

Sensex gains 89 pts

Mumbai: The BSE Sensex on Thursday rallied 89 pts at 66,112.50 in opening session as buying was seen across the board. The National Stock Exchange (NSE) rose 50.05 pts at 19,861.90. The NSE posted intra days high and low at 19,875.15 and 19,825.20 pts respectively. The Sensex registered intra days high and low at 66,235.24 […]