Image for representational purposes only. File | Photo Credit: Reuters The rupee depreciated 22 paise to 90.54 against the U.S. dollar in early trade on Wednesday (February 4, 2026), following a sharp rally after India and the U.S. agreed to a trade deal on suspected dollar buying by corporates and importers. Forex traders said despite…
Clarity has emerged in India’s equity, currency and precious metal indices after U.S. President Donald Trump announced in a social media post late on Monday (February 2, 2026) that the reciprocal tariff on Indian imports would be reduced to 18%. The Indian rupee emerged as the best-performing Asian currency on Tuesday (February 3. 2026), registering…
Some prominent gainers were Bajaj Finance, InterGlobe Aviation, Power Grid, Sun Pharma, Bajaj Finserv and Reliance Industries. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty ended 2.5% higher on Tuesday (February 3, 2026) after India and the U.S. agreed to a trade deal under which Washington will bring down the reciprocal…
Image for representational purposes only. | Photo Credit: Reuters The Indian rupee emerged as the best-performing Asian currency on Tuesday (February 3, 2026), registering a gain of 122 paise or 1.33% in a single trading session to settle at 90.27 (provisional) against the U.S. dollar, after India and the U.S. agreed to a trade deal….
Representative image | Photo Credit: Reuters Gems and jewellery stocks were in the limelight on Tuesday (February 3, 2026) after India and the U.S. agreed to a trade deal under which Washington will bring down the reciprocal tariff on Indian goods to 18% from the current 25%. India-U.S. trade deal LIVE Shares of Goldiam International…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee gained 42 paise to close at 91.51 (provisional) against the U.S. dollar on Monday (February 2, 2026), a day after the Union Budget 2026-27 was presented, largely as crude oil prices retreated from their elevated levels. Also Read | Rupee hits all-time…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Foreign Portfolio Investors (FPIs) remained in a selling mode in January, withdrawing nearly ₹36,000 crore (about $3.97 billion) as global uncertainties persisted. Meanwhile, a higher securities transaction tax (STT) proposed in the Union Budget may weigh on overseas investor participation in the near future. The…
Stock markets rebounded on Monday (February 2, 2026) with benchmark Sensex jumping by 943 points on value buying in blue-chip oil & gas, banking and auto shares after facing a massive drubbing on the Budget day. The 30-share BSE Sensex rallied 943.52 points or 1.17%, to settle at 81,666.46. During the day, it surged 1,009.31…
At the interbank foreign exchange market, the rupee opened at 91.95 against the U.S. dollar, then gained some ground to 91.56, registering a gain of 37 paise over its previous close. File. | Photo Credit: Reuters The rupee gained 37 paise to 91.56 against the U.S. dollar in early trade on Monday (February 2, 2026),…
Finance Minister Nirmala Sitharaman delivered a mixed bag to capital market prioritising long-term capital instruments over short term one in Budget 2026-27. While raising tax on derivative transactions, the FM increased investment limits for NRIs, rationalised taxation on share buybacks, and proposed measures to deepen bond markets. Ms. Sitharman proposed to raise the STT on…
