Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee slipped to a record low of 96.60 against the U.S. dollar before settling at 96.52 (provisional) on Tuesday (May 19, 2026), weighed down by soaring crude oil prices, persistent foreign capital outflows, and a resilient dollar buoyed by global risk-aversion. The rupee…
Equity benchmarks Sensex and Nifty ended lower on Tuesday (May 19, 2026) due to a fag-end sell-off in blue-chip stocks HDFC Bank and Reliance Industries, as concerns rose over the Rupee hitting a new record low. Elevated global crude prices tracking geopolitical uncertainties also impacted market sentiment, but robust buying in IT stocks restricted the…
Stock market benchmark indices rallied in early trade on Tuesday (May 19, 2026) after U.S. President Donald Trump said he has halted fresh strikes on Iran at the request of Qatar, Saudi Arabia and the UAE, asserting that serious discussions were underway with Tehran that could lead to an acceptable deal. Buying in frontline IT…
At the interbank foreign exchange market, the rupee opened at 96.19, then fell further to 96.39 against the U.S. dollar, registering a fall of 58 paise from its previous close. Representational image. | Photo Credit: Getty Images/iStockphoto The Indian rupee crossed the psychological mark of ₹96 per dollar, closing at ₹96.20, according to data from…
Image for representational purposes only. | Photo Credit: ANI The benchmark Nifty 50 closed flat even as the oil prices soared to $110 a barrel and rupee depreciated to ₹96.2 a dollar, on Monday (May 18, 2026). The head line numbers show a marginal 0.03% increase in Nifty closing at 23,649.95 points. To be sure,…
Benchmark indices Sensex and Nifty ended marginally higher on Monday (May 18, 2026) after facing sharp losses in intraday trade, supported by value buying in IT and select blue-chip counters. However, a weak rupee against the U.S. dollar and rising global crude prices amid escalated tensions in West Asia capped the gains, traders said. In…
Asian stocks mostly retreated and oil prices jumped on Monday (May 18, 2026) after U.S. President Donald Trump warned Tehran that the “clock is ticking” as U.S.-Iran negotiations over a permanent end to the war stall. U.S. futures fell more than 0.6%. Markets in Japan and South Korea pulled further back from their records. Tokyo’s…
Illustration of a market crash. Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Some predicted the outcome of the State election in Tamil Nadu. Likewise, there are some whose predictions of market crashes turn right. The query is: Are some always good predictors of future events? Here, we discuss what you must…
Image used for representation | Photo Credit: Reuters Oil prices eased on Monday (May 4, 2026) after U.S. President Donald Trump said the United States would begin an effort to free up ships stranded in the Strait of Hormuz, however the lack of a U.S.-Iran peace deal kept prices supported above $100. Brent crude futures…
Image used for representational purposes. File | Photo Credit: Getty Images/iStockphoto The combined market valuation of nine of the top 10 valued firms eroded by ₹3.12 lakh crore last week, with Reliance Industries taking the biggest hit. Last week, the 30-share BSE Sensex plunged by 2,090.2 points, or 2.7%, while the 50-share NSE Nifty declined…
