Stock Market
Wall Street edges higher as SpaceX, AI stocks rally on strong earnings
SpaceX and Super Micro Computer gained on stronger earnings and AI demand, while Netflix and AT&T fell despite beating quarterly profit estimates.
BUSINESS
Jio Platforms IPO draws bids worth over Rs 50,000 crore after record 100-minute sellout
Institutional investors drove demand for the Rs 30,213-crore issue, while the retail portion remained undersubscribed on the opening day.
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BUSINESS
India's forex reserves decline by $8.58 billion to $726 billion
For the week ended October 9, foreign currency assets, a major component of reserves, decreased by $7.142 billion to $597.605 billion, according to the data released by the Reserve Bank of India.
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BUSINESS
Rupee falls 25 paise to 95.33 against US dollar in early trade
Brent crude, the global oil benchmark, was trading marginally lower by 0.23 per cent at $100.98-per-barrel in futures trade, amid escalating US-Iran tensions.
4 Mins Read
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BUSINESS
Global shares mostly lower as Brent crude surpasses $100 per barrel
Oil prices surged past $100 on September 9 as the war in West Asia added to inflation concerns.
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BUSINESS
Rupee rises 4 paise to 94.39 against US dollar amid global headwinds
Brent crude, was trading higher by 0.80 per cent at $97.05 per barrel in futures trade, amid escalating US-Iran tensions and fears of disruption to oil flows through the Strait of Hormuz.
3 Mins Read
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BUSINESS
Rupee rises to 94.46 against US dollar in early trade
Forex traders said the rupee is poised to gain strength, supported by strong underlying inflows and aggressive RBI intervention.
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BUSINESS
Bank stocks rally after RBI reports $136.38 billion through forex swap inflows
The RBI on Wednesday said India mobilised a record $136.38 billionthrough its special forex swap window to bolster foreign-exchange liquidity.
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BUSINESS
Sensex rebounds 334 points, Nifty gains 95 points in early trade
Tata Steel, Adani Ports, Axis Bank, ICICI Bank, State Bank of India, HDFC Bank, Power Grid, Eternal, Larsen & Toubro, Bharti Airtel and UltraTech Cement were among the major gainers.
4 Mins Read
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BUSINESS
Asian markets slip as oil jumps after US strike on Iranian launchers
Shares retreat across much of Asia and US futures fall as the strike near the Strait of Hormuz sends oil prices higher and revives concerns over regional tensions.
6 Mins Read
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BUSINESS
Sensex, Nifty rebound after two-day slide on IT buying, global cues
Among the 30 Sensex firms, Tata Consultancy Services, Tech Mahindra, Infosys, HCL Tech, Titan, and Power Grid were among the major winners.
3 Mins Read