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Indian markets start flat during Monday morning trade
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): Indian markets traded flat and were in negative territory during morning trade on Monday, tracking weak global cues. The 30-share index was down 194 points to 57,231 whereas Nifty50 dipped 52 points to 17,042 at 9.30 IST on Monday.
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New rules for debit, credit cards begin with tokenisation today, All you n
Updated : 3 years, 5 months ago IST
New Delhi [India], October 1 (ANI): The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens by September 30 this year. This added layer of security by way of tokenisat
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Experts fear rate hike may dampen consumption, express optimism over resil
Updated : 3 years, 5 months ago IST
New Delhi [India], September 30 (ANI): After the Reserve Bank of India (RBI) hiked repo rate on Friday, it brings into focus how the hike was in line with the tightening policies across the economies as expected by experts.
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Indian equities snap 7-day losing streak; Sensex surges 1,017 points
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Indian stock market's benchmark Sensex surged by over 1,000 points on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points, which was largely expected by the markets.
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Sensex surges 1,200 points as RBI hikes repo rate 50 bps on expected lines
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 30 (ANI): The Indian stock market's benchmark Sensex surged by more than 1,200 points in the intra-day on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points, which was largely expected by the market.
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RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained at
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read More
Indian markets open in negative territory during morning trade
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Indian markets on Friday were volatile and in negative territory during the morning trade. At 9.25 IST, the 30-share Sensex fell 0.33 per cent to 56,224 while Nifty was down 0.31 per cent to 16,786, as market participants track global cues and wait for RBI
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India's current account deficit widens to 2.8 per cent of GDP in April-Jun
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 29 (ANI): India's current account deficit (CAD) widened to $23.9 billion or 2.8 per cent of the country's gross domestic product (GDP) in April-June period of the current financial year from $13.4 billion recorded in the previous quarter, as per data r
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Indian markets end flat: Sensex down 188 pts, Nifty down 41 points
Updated : 3 years, 5 months ago IST
Mumbai [India], September 29 (ANI): The benchmark indices on Indian equity markets closed flat on Thursday, due to the selling pressure prevalent in global markets. The S&P BSE ended 0.33 per cent lower at 56,409 level, 188 points down from the previous session while Nifty50 closed at 16
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Tightening US monetary policy - a source of volatility for Indian stocks:
Updated : 3 years, 5 months ago IST
New Delhi [India], September 29 (ANI): The monetary policy tightening in the US and the subsequent strength in the dollar could continue to be a source of volatility for Indian equities in the coming months, due to their negative effect on earnings and balance of payments, said Morgan Stanle
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Indices on Indian markets snap 6-day losing streak in early trade
Updated : 3 years, 5 months ago IST
Mumbai [India], September 29 (ANI): The benchmark indices on stock equity markets snapped the six-day losing streak and opened higher during early trade on Thursday. Key indices Nifty50 rose 150 points to breach 17,000 level and the S&P BSE Sensex was up 399 points to trade at 57, 149.
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