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Rupee weakens 6 paise against dollar in early trade

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The rupee depreciated via 6 paise to sixty four.39 towards the united states greenback in early trade on Thursday at the Forex market on elevated demand for the American foreign money from importers and banks. along with, buck's good points against its competitors overseas additionally weakened sentiment locally. however, the next opening within the domestic fairness market capped the losses to some extent. On Wednesday, the rupee had ended 10 paise up at virtually three-week high of 64.33 towards the greenback after the Reserve financial institution diminished its inflation forecast while keeping the policy charges unchanged. meanwhile, the benchmark Sensex rose eighty three.23 points, or 0.26 per cent, to 31,354.fifty one in early change. VISIT - Profit Street

Live Stock Market Updates – Markets trade range bound, Metal stocks lose shine, NMDC slips in red

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The INDIA VIX is down 3.9% at 11.2. the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. The BSE Metal index is the top losing index post lunch hours on Thursday, with Tata Steel and Hindalco together majorly contributing to the index losses and dragging it to lower levels.   The index is trading at 11167 down by 0.76%.The stocks that are dragging the index down are NMDC, Tata Steel, Hindustan Zinc, Hindalco and JSW Steel. NMDC is trading down by 2%, Tata Steel is down by 1.5%, Hindustan Zinc is down by 1.2%, JSW Steel is down by 1% and Hindalco is down by 0.94%.   The only stock in the index that is trading in green is Vedanta. The stock is up by 0.19% at Rs 234.  At 3 PM, the S&P BSE Sensex is trading at 30,103 down 30 points while NSE Nifty is trading at 9358 up 6 points. A total of 82 stocks registered a fresh 52-week high in trade today, while 18 stocks touched a new 52-week low on the NSE.  ...

Sensex hits 2-year high, Nifty scales new peak

The Indian stock market witnessed some irritating buying right through the truncated week ended 17 March 2017, with the landslide victory for the Bharatiya Janata birthday party within the Uttar Pradesh assembly elections significantly lifting investor sentiment. The BJP received handsomely in Uttarakhand and fared especially smartly in Goa and Manipur as smartly. The BJP's stellar show in the assembly elections raised hopes that the federal government will speed up reforms. additionally, the rollout of the products and products and services Tax now seems almost sure from July following the GST Council clearing all legislations required for launching the new tax regime. The temper used to be so upbeat that shares from throughout more than a few sectors rose sharply, with slightly just a few of them registering their all-time or fifty two-week highs. The BSE benchmark Sensex registered its absolute best close in over two years and the Nifty50 of the national stock exchange reco...