The recent GST rate cut announcement has added to markets’ optimism during the initial trade. File photo for representational purposes only. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rallied in early trade on Monday (September 8, 2025) tracking a firm trend in global markets amid hopes of a rate cut by the…
Representative image | Photo Credit: Reuters The rupee appreciated 14 paise to 87.95 against the U.S. dollar in early trade on Tuesday (September 9, 2025), tracking a positive trend in domestic equities even as concerns over U.S. tariffs on India weighed on the domestic unit. Forex traders said the rupee is likely to remain under…
The upward rally of oil futures is also being fuelled by members of the OPEC+ agreeing Sunday to increase oil production by a smaller than anticipated 137 thousand barrels per day from the present 1.65 mb/d. Representational file image. | Photo Credit: Reuters Oil prices rose approximately 2% after Israeli military carried out a “precise…
Representative image | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Tuesday (September 9, 2025) in tandem with a rally in global markets amid hopes of a US Fed rate cut later this month. A rebound in IT stocks also drove the markets higher during the…
The 30-share BSE Sensex edged higher by 76.54 points or 0.09% to settle at 80,787.30 despite profit-booking by investors in the last hour of the session. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed with gains on Monday (September 8, 2025), tracking a firm trend in global markets amid hopes of…
Gold prices on Monday (September 8, 2025) retreated from record levels to trade at ₹1,07,670 per 10 grams, down by ₹200, in the national capital due to fresh selling by stockists, according to the All India Sarafa Association. The precious metal of 99.5% purity also fell by ₹200 to ₹1,06,800 per 10 grams (inclusive of…
SEBI said that the settlement for derivative transactions on September 4, September 5 and September 8 will be done on Tuesday (September 9, 2025). File | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) announced that the settlement day for cash and securities lending and borrowing mechanism segments will be postponed due…
Both promoters Prateek Boob and Alakh Pandey. | Photo Credit: The Hindu Edtech unicorn PhysicsWallah has filed updated draft papers with markets regulator Sebi to raise ₹3,820 crore through an initial public offering (IPO) for expansion and growth initiatives. The proposed IPO comprises a fresh issue of equity shares worth ₹3,100 crore and an offer…
After a few months of lull, precious metals regained sheen last month. Both gold and silver recorded impressive gains, especially in the latter half of August. The weakening of the U.S. dollar along with expectations of a further interest rate cut by the U.S. Federal Reserve played a key role in bolstering sentiment towards precious…
Representative image. | Photo Credit: Reuters The rupee depreciated 6 paise to 88.16 against the U.S. dollar in early trade on Tuesday (September 2, 2025), weighed down by persistent foreign fund outflows and dollar demand. Forex traders said on Monday, the rupee touched a record intraday low of 88.33 against the dollar before clawing back…
