Rupee under pressure: Factors behind Wednesday’s slide and what to watch today
The rupee fell 56 paise to a record low of 92.05 against the US dollar on March 4, due to rising crude oil prices, a stronger dollar, and foreign outflows.
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Bharat Forge shares in focus after 159% surge in North American Class 8 truck orders
As per the February North America Class-8 truck data, the on-highway market made up for the bulk of the increase – both on-highway and vocational markets contributed significantly to the monthly and annual growth in orders, keeping stocks like Bharat…
BSE shares in focus after SEBI nod for adding index derivatives on two new indices
Sensex Next 30 comprises of the top 30 large-cap companies after the top 30 that are part of the benchmark Sensex index. The categorisation is done on the basis of free-float market capitalisation on the BSE.
Explained — Why the best performing Asian market of the last two years fell 12%
According to Daniel Yoo of Yuanta Securities, the recent drop in the Kospi should be viewed as a correction after a strong rally rather than a fundamental shift in the market’s outlook, adding that stability was likely to return once…
Sensex Today | Stock Market LIVE Updates: GIFT Nifty hints at gap-up; L&T in focus after Jefferies cuts target
Sensex Today | Stock Market LIVE Updates: Today’s session will also be the weekly expiry of the Sensex contracts and the bulls would take hope from the overnight rebound on Wall Street to undo some of the damage from this…
KOSPI surges 12% after worst day on record, set for best session ever
Wednesday’s fall on the KOSPI was the worst day for the index on record. On the flip side, if it holds these gains, it will also become the best day on record for the index.
Omnitech Engineering likely to list flat as grey market premium stays nil
The IPO was subscribed 1.14 times overall. The retail portion was subscribed 2.86 times, while the non-institutional investor segment was booked 73% and the qualified institutional buyer portion 33%.
Oil prices gain for fifth session as traders gauge widening fallout from US-Israel and Iran war
West Texas Intermediate increased towards $76 a barrel, after rising 11% in the first three days of the week. Brent ended near $83.
China sets a lower economic growth target of 4.5% to 5% for 2026 as challenges loom
China targets 4.5% to 5% growth for 2023 amid property slump and global uncertainty. Premier Li Qiang announced the goal, focusing on structural adjustments and tech ambitions.
Motilal Oswal Home Finance signs $100 million NCD deal with Asian Development Bank
Motilal Oswal Home Finance signed a deal with the Asian Development Bank to raise $100 million in rupee debt via debentures, supporting affordable housing loans for women and green housing.