With this fall, the local currency is down by 0.86 percent against the US dollar as compared to November 20. Indian rupee has seen a biggest intra-day fall of 67 paise, which is highest since May 8, 2025, when it depreciated 89 paise. Indian rupee hit a record low during the afternoon trade on…
Axis Securities predicts a potential Nifty 50 target of 26,800 by March 2026, contingent on favorable market conditions. The firm highlights 15 stocks across various market caps for investors, reflecting confidence in India’s long-term growth trajectory amidst evolving economic conditions. The Nifty 50 could touch 26,800 by March 2026 in a Goldilocks scenario of an…
Investors’ wealth rose by more than Rs 3 lakh crore as the overall market capitalisation of BSE-listed firms surged to Rs 455.57 lakh crore from Rs 452.23 lakh crore on Tuesday, September 30. After eight straight sessions of losses, domestic equities finally staged a rebound on Wednesday. Both Sensex and Nifty closed higher as the…
China will supply rare earths and magnets upfront to the U.S. under a new trade deal announced by President Donald Trump. The agreement, still pending final approval, also includes U.S. concessions like easing restrictions on Chinese students. The agreement was reached after two days of rigorous discussions and expands on the agreement made during…
The pain was much deeper in the broader market as Nifty Smallcap 100 and Nifty Midcap 100 tumbled 3.55 per cent and 2.41 per cent, respectively. Domestic benchmarks continued their losing run for the eighth consecutive trading session on Friday as all sectoral indices dragged. The pain was much deeper in the broader…