shot-button
Business News

Rupee surged to 83.04 against US dollar after exit poll result

The rupee surged 38 paise to reach its three-month high level of 83.04 against the US dollar. The country's Goods and Services Tax (GST) receipts increased 10 per cent to Rs 1.73 lakh crore in May. On Friday, foreign investors bought shares worth a net of Rs 1,613.24 crore.

03 June,2024 12:16 PM IST | mid-day online correspondent
Business News

Investors gain Rs 12.48 lakh crore as sensex hits record high

The sensex hit high records after exit polls predicted a resounding victory for the BJP-led NDA in the Lok Sabha Elections 2024. 

03 June,2024 11:25 AM IST | mid-day online correspondent
Business News

Forex reserves plunge by USD 2 billion, gold reserves take a hit

In the previous reporting week, the kitty had reached an all-time high of USD 648.7 billion after a jump of USD 4.549 billion

01 June,2024 08:17 AM IST | Agencies
Business News

RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.

07 June,2024 11:43 AM IST | mid-day online correspondent
Business News

Indian markets see mixed day: Nifty 50 flat, sensex slightly up, banks lead gain

Private banks outperformed the Nifty, with HDFC Bank, Axis Bank, RBL Bank, ICICI Bank, IndusInd Bank, and Kotak Bank all making large gains.

19 June,2024 04:05 PM IST | mid-day online correspondent
Business News

SEBI proposes stricter norms for derivative trading on individual stocks

SEBI highlighted risks of low-turnover derivative equities in a recent consultation paper, including potential market manipulation, higher volatility & weaker investor protection.

18 June,2024 01:38 PM IST | mid-day online correspondent
Business News

Stock markets start week strong, Nifty hits new high

The top gainers in the Nifty 50 were Adani Enterprises, Wipro, Adani Ports, Mahindra & Mahindra, and Titan. The top losers were Dr Reddy's, Maruti, TCS, HDFC Life, and Divis Labs.

18 June,2024 12:48 PM IST | mid-day online correspondent
Business News

India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data

In terms of sector-wise hiring, the Banking, Financial Services and Insurance (BFSI) sector employs the largest percentage of LGBTQIA+ talent of the available workforce at 18-20 per cent, followed by the IT sector at 15-18 per cent, and the consulting sector at 12-15 per cent

14 June,2024 02:05 PM IST | IANS
Stock Market

Sensex, Nifty hit new record highs following decline in retail inflation

The 30-share BSE Sensex rose 538.89 points to a lifetime high of 77,145.46, while the NSE Nifty gained 158.1 points to a record high of 23,481.05

13 June,2024 11:07 AM IST | mid-day online correspondent
Business News

Rupee falls 6 paise to 83.54 against US Dollar in early trade

At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.

13 June,2024 10:07 AM IST | mid-day online correspondent
Stock Market opens in green for 2nd consecutive day; investors eye Hyundai IPO

Stock Market opens in green for 2nd consecutive day; investors eye Hyundai IPO

On Monday, the domestic market closed around its daily high, sustaining its bullish momentum

15 October,2024 12:03 PM IST | Mumbai | mid-day online correspondent
Markets rise in early trade on positive global cues

Markets rise in early trade on positive global cues

The top Sensex performers included Larsen & Toubro, JSW Steel, HDFC Bank, Tech Mahindra, Adani Ports & SEZ, IndusInd Bank, NTPC, and Infosys

14 October,2024 12:36 PM IST | Mumbai | mid-day online correspondent
Markets decline in early trade amid volatility

Markets decline in early trade amid volatility

Among the 30 Sensex stocks, Bharti Airtel, Bajaj Finance, Bajaj Finserv, Asian Paints, Power Grid, Mahindra & Mahindra, Tata Consultancy Services, ICICI Bank, and Kotak Mahindra Bank were laggards.

11 October,2024 11:54 AM IST | Mumbai | mid-day online correspondent
Nifty, Sensex open sharply lower amid geopolitical tensions

Nifty, Sensex open sharply lower amid geopolitical tensions

Mumbai, Oct 3 (PTI) Equity benchmark indices Sensex and Nifty tanked in early trade on Thursday, dragged by decline in heavyweight stocks Reliance Industries, HDFC Bank, ICICI Bank and spiralling conflict in the Middle East.

03 October,2024 01:36 PM IST | Mumbai | mid-day online correspondent
Markets rebound amid early trade as Japanese markets recover after drubbing

Markets rebound amid early trade as Japanese markets recover after drubbing

Benchmark indices rebounded in early trade on Tuesday, after a sharp decline in the previous trade, amid buying in IT stocks and recovery in Japanese markets.

01 October,2024 12:12 PM IST | Mumbai | mid-day online correspondent
Nifty and Sensex open flat as market awaits key economic data

Nifty and Sensex open flat as market awaits key economic data

On the National Stock Exchange, the Nifty Metal index led advances with a 0.84 per cent increase in the opening session, while the Nifty Bank, Nifty Auto, and Nifty IT indices fell slightly. In the Nifty 50, 23 stocks opened higher, while 18 dropped.

25 September,2024 10:51 AM IST | Mumbai | mid-day online correspondent
Sensex, Nifty scale fresh peaks after Federal Reserve's rate cut decision

Sensex, Nifty scale fresh peaks after Federal Reserve's rate cut decision

NTPC, Axis Bank, Tata Motors, Tata Consultancy Services, Bharti Airtel, Tech Mahindra, Infosys, and HDFC Bank were the top gainers among the 30 Sensex companies.

19 September,2024 10:05 AM IST | Mumbai | mid-day online correspondent
Markets decline in early trade on September 18; IT stocks drag

Markets decline in early trade on September 18; IT stocks drag

The decrease was driven by losses in IT equities and muted global market trends, as investors awaited the US Federal Reserve's interest rate announcement.

18 September,2024 09:53 AM IST | Mumbai | mid-day online correspondent
Rupee rises 5 paise to 83.87 against US dollar in early trade

Rupee rises 5 paise to 83.87 against US dollar in early trade

The rupee appreciated by 5 paise to 83.87 against the US dollar in early trade on Monday supported by weakening of the American currency in the overseas market and significant foreign fund inflows.

16 September,2024 09:53 AM IST | Mumbai | PTI
Retirement Planning: Want to retire early? Will FIRE strategy really help?

    Retirement Planning: Want to retire early? Will FIRE strategy really help?

    At one point of time, 60 years was the base retirement age. But times have changed now and youngsters want to retire by their 30’s. FIRE method has emerged as a very famous tool to achieve that. Choose FIRE to RETIRE! This has been the mantra given by many finance gurus when it comes to early retirement. But will this really work for you? In this episode of Money Matters, SEBI Registered financial advisor Kalpesh Ashar in conversation with Katyayani Kapoor breaks the myth of the FIRE strategy and where it is flawed when it comes to retirement planning. Take a look.

    22 September,2024 08:42 AM IST
    Stock market update: Markets fall in early trade amid foreign fund outflows

    Stock market update: Markets fall in early trade amid foreign fund outflows

    From the 30 Sensex firms, Mahindra & Mahindra, Nestle, UltraTech Cement, Tata Consultancy Services, Kotak Mahindra Bank and IndusInd Bank were the major laggards; HDFC Bank, Bajaj Finserv, Asian Paints and Sun Pharma were among the gainers

    16 October,2024 10:42 AM IST | Mumbai | mid-day online correspondent
    72% of taxpayers opt for New Tax Regime while filing ITR for AY 2024-25

    72% of taxpayers opt for New Tax Regime while filing ITR for AY 2024-25

    5.27 crore have been filed in the New Tax Regime while the remaining 2.01 crore ITRs are filed in the Old Tax Regime

    02 August,2024 04:28 PM IST | Mumbai | mid-day online correspondent

    01 January,1970 05:30 AM IST

    01 January,1970 05:30 AM IST
    CREDAI-MCHI report shows surge in housing sales in MMR

    CREDAI-MCHI report shows surge in housing sales in MMR

    The report highlights a substantial surge in sales in certain regions, including South Mumbai, which saw a 41 per cent increase driven by the redevelopment of old buildings into luxury projects

    02 July,2024 10:35 AM IST | Mumbai | mid-day online correspondent

    01 January,1970 05:30 AM IST

    01 January,1970 05:30 AM IST
    This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK