Business, Market, 26th Mar 2019, News & Stories from India

Wednesday, Apr 24, 2024 | Last Update : 11:27 AM IST

Business Market 26 Mar 2019

Business, Market, 26 Mar 2019

At the Interbank Foreign Exchange (forex) market, the rupee opened strong at 68.88 against the greenback but surrendered the gains to slip to a low of 68.98.

Rupee rises 10 paise to 68.86 vs USD as RBI swap auction elicits strong response

Sustained foreign fund inflows and heavy buying in domestic equities also propped up the Rupee, forex traders said.

26 Mar 2019 7:22 PM

The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end. It finally ended at 38,233.41, up 424.50 points, or 1.12 per cent.

Sensex zooms 425 pts on global rebound ends up at 38,233.41; Nifty above 11,450

A stronger rupee also supported the rally. The rupee strengthened 19 paise to 68.77 against the dollar (intra-day).

26 Mar 2019 4:12 PM

Globally, gold fell 0.24 per cent to USD 1,319.20 an ounce and silver by 0.35 per cent to USD 15.56 an ounce in New York.

Gold falls on weak global cues, lacklustre demand

Gold is trading at Rs 33,170 per 10 gram in line with subdued trend overseas and muted demand from local jewellers.

26 Mar 2019 3:47 PM

Traders said a weak global trend was largely responsible for the fall in prices of the yellow metal. (Representational Image)

Gold falls on weak global cues, lacklustre demand

Silver followed suit and slipped by Rs 100 to Rs 39,100 per kg owing to reduced offtake by industrial units and coin makers.

26 Mar 2019 3:24 PM

The broad-based NSE Nifty went up by 35.50 points, or 0.31 per cent, to 11,389.75. (Photo: AP)

Sensex recovers 77 points, Nifty inches closer to 11,400 on positive Asian cues

The 30-share Sensex was trading higher by 77.38 points, or 0.20 per cent, at 37,886.29 in early trade.

26 Mar 2019 10:13 AM

A higher opening in domestic equity market, supported the local unit.

Rupee rises 15 paise against US dollar in early trade

Rupee is trading at 68.81 against the US dollar on fresh selling of the greenback by exporters.

26 Mar 2019 10:04 AM

Last year, in December, the Cabinet Committee on Economic Affairs (CCEA) had approved the listing seven PSUs on the stock exchanges.

PSU listings to gain momentum next fiscal

The government has set a divestment target of Rs 90,000 crore for FY2019-20.

26 Mar 2019 1:46 AM

The Sensex has now lost over 575 points in two sessions.

Recession fears trigger huge selloff

The Sensex plunged 355 points to end at 37,808, while the Nifty ended 102.65 points lower to close at 11,354.25.

26 Mar 2019 1:40 AM

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Sanjeev Ahluwalia

Business, Market, 26 Mar 2019

Rupee rises 10 paise to 68.86 vs USD as RBI swap auction elicits strong response

Sensex zooms 425 pts on global rebound ends up at 38,233.41; Nifty above 11,450

Gold falls on weak global cues, lacklustre demand

Gold falls on weak global cues, lacklustre demand

Sensex recovers 77 points, Nifty inches closer to 11,400 on positive Asian cues

Rupee rises 15 paise against US dollar in early trade

PSU listings to gain momentum next fiscal

Recession fears trigger huge selloff

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