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Tag: Market

  • The price of 10 grams of gold is Rs 52,250, while the price of a kilogram of silver is Rs 62,000

    On Thursday, the price of 10 grammes of 24-carat gold increased by Rs 160 to Rs 52,250, while the price of one kilogramme of silver increased by Rs 400 to Rs 62,000. The price of 10 grammes of 22-carat gold has increased by Rs 150, and the precious metal is now selling for Rs 47,900. […]

    May 26, 2022

  • The rupee begins the day with a gain against the US Dollar

    In early trade on Thursday, the rupee was trading higher versus the US dollar. However, due to a stronger dollar in outside markets, the immediate gain was limited. On the interbank forex market on Thursday, the rupee rose 3 paise to 77.52 against the US dollar. Meanwhile, in early morning activity on Thursday, stock markets […]

    May 26, 2022

  • The dollar takes a break as US yields drop ahead of CPI

    The US dollar’s rally came to a halt as the DXY index dropped to 103.5 before the release of April’s US Consumer Price Index (CPI) numbers, while Treasury yields fell as investors switched away from a turbulent stock market amid fears about global growth and a potential inflation peak. The Japanese yen (JPY) and Swiss […]

    May 23, 2022

  • Indices fall for the fourth day in a row as global equities markets tumble and FPIs retreat

    The benchmark Sensex and Nifty indices dropped for the fourth day in a row on Wednesday, extending their month-to-date decline to over 5 per cent amid a global equity rout and sustained pull-back by foreign portfolio investors (FPIs). The US Federal Reserve’s (Fed’s) decision to aggressively hike interest rates and reduce balance sheets to catch […]

    May 12, 2022

  • Investors are panicking as Bitcoin falls below the $30,000 level

    On Tuesday, the global cryptocurrency market reached its lowest point in history, with Bitcoin falling below $30,000 a coin, sending millions of investors into a panic. The whole global cryptocurrency market fell 13%, hovering around $1.37 trillion in market capitalization, its lowest level this year. Bitcoin had dropped more than 55% from its all-time high […]

    May 10, 2022

  • Reliance Industries loses 3% after the March quarter results; it has dropped 9% in the last six days

    Reliance Industries (RIL) shares fell up to 3% to Rs 2,542.1 on the BSE in intraday trade on Monday after the Mukesh Ambani-led oil-to-chemicals (O2C) firm reported a consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022 (Q4 FY22), up 22.5 percent from the year-ago period’s Rs 13,227 crore, but falling short […]

    May 9, 2022

  • In early trade, the rupee climbs 29 paise to 76.11 against the US dollar

    The rupee rose 29 paise to 76.11 against the US dollar in early trade on Thursday, as the US currency fell in the international market. The rupee began at 76.17 against the US dollar on the interbank foreign exchange, then gained ground to quote at 76.11, a 29-paise increase from the previous day. The rupee […]

    May 5, 2022

  • In April, auto retail sales increased 37% due to a low Covid-hit base impact

    Automotive retail sales in India surged by 37% in April on a low base of COVID-affected April last year, according to the automobile dealers’ group FADA on Thursday. Total sales across all categories increased to 16,27,975 items in April, up from 11,87,771 units the previous year. When compared to April of last year, all vehicle […]

    May 5, 2022

  • In early trade, the rupee rose 6 paise to 76.44 against the US dollar

    In early trade on Monday, the rupee rose 6 paise to 76.44 against the US dollar, owing to a drop in global petroleum prices. However, currency traders claimed that the rupee’s advances were restrained by a sluggish trend in domestic equities and a strong dollar in the overseas market. The rupee opened strong at 76.48 […]

    May 2, 2022

  • As the yen falls on the dovish BOJ, the dollar reaches a 20-year high and the euro a 5-year low

    The dollar rose to a 20-year high against its peers on Thursday as the Bank of Japan maintained its dovish stance, sending the yen to its lowest level since 2002 and the euro to a five-year low amid concerns about the region’s economic growth. The dollar soared beyond 130 yen as the Bank of Japan […]

    April 29, 2022

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