We are all used to the concept of price correction, which is the price of a stock or index correcting downward, say by 10% in a relatively short span of time or by 30% in some time. In this context, ‘correction’ means the price had moved up more than justified or moved up too fast,…
Sun Pharma, Bharat Electronics, Axis Bank and Tata Steel were also among the laggards. File | Photo Credit: ANI Equity benchmark indices Sensex and Nifty dropped in early trade on Monday (September 22, 2025), dragged by IT stocks amid concerns over the U.S. President Donald Trump’s decision to raise H-1B visa fees to $100,000 per worker….
Image used for representation purpose only. | Photo Credit: Reuters IT stocks dropped in morning trade on Monday (September 22, 2025), with Tech Mahindra tumbling over 6%, amid concerns over the steep hike in US H-1B visa fees. Shares of Tech Mahindra tumbled 6.45%, LTI Mindtree slumped 5.61%t, Persistent Systems dropped 5.51%, Hexaware Technologies tanked…
Gold prices breached the ₹1.11 lakh per 10 grams by jumping ₹799 in the domestic futures market on Monday (September 22, 2025) tracking strong global cues as investors looked ahead to key U.S. inflation data and comments from several Federal Reserve officials this week for further policy guidance. On the Multi Commodity Exchange (MCX), gold…
On the Multi Commodity Exchange, gold futures for October delivery jumped ₹520 or 0.46% to touch a lifetime high of ₹1,12,750 per 10 grams. File. | Photo Credit: Reuters Gold continued its record-breaking rally on Tuesday (September 23, 2025), rising ₹520 to touch an all-time high of ₹1,12,750 per 10 grams in the domestic futures…
At the interbank foreign exchange, the rupee opened at 88.80, registering a decline of 7 paise over its previous close. File. | Photo Credit: Reuters The rupee depreciated 7 paise from its all-time closing low to 88.80 against U.S. dollar in early trade on Wednesday (September 24, 2025) dragged down by tariff and H-1B visa…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty declined in early trade on Friday (September 26, 2025) dragged by pharma stocks and relentless foreign fund outflows. U.S. H-1B visa fee concerns and a weak trend in global markets also added to the bearish trend in domestic…
Image for representational purposes only. | Photo Credit: Getty Images The rupee rebounded from its all-time low to close 4 paise higher at 88.72 (provisional) against the U.S. dollar on Friday (September 26, 2025), tracking a weak greenback against major currencies overseas and a drop in global crude oil prices. Unabated foreign capital outflows and…
Representational image of the Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark stock indices Sensex and Nifty tumbled nearly 1% on Friday (September 26, 2025), marking their sixth consecutive day of decline, following heavy selling in pharma and IT shares as U.S. President Donald Trump announced 100% duties on pharmaceutical drugs…
Photo used for illustration purpose only. | Photo Credit: Getty Images/iStockphoto The rupee rebounded from its all-time low, rising 6 paise to 88.70 against the U.S. dollar in early trade on Friday (September 26, 2025) amid a weaker greenback and hopes of an India-US trade deal breakthrough. However, FII outflows, coupled with a rise in…
