Market News

Stock market today: Domestic benchmark indices Nifty 50 and Sensex witnessed a significant decline on Thursday due to selling pressure in key global markets after the US Federal Reserve indicated fewer interest rate cuts in the coming year. At 14:10 IST, the Nifty 50 index fell over 0.97 percent or 235.25 points to 23,877.15 points,…

Stock benchmarks extended their losses in afternoon trading on Thursday as investors continued to digest the US Federal Reserve’s less dovish stance on future interest rate cuts. The BSE Sensex fell 858.92 points or 1.07 per cent to 79,323.28, while the NSE Nifty fell 225.05 points or 0.93 per cent to 23,973.80 at 12.35 pm….

The Indian rupee fell to a record low, dipping past 85 against the US dollar for the first time on Thursday, after the Federal Reserve announced fewer interest rate cuts next year. The rupee fell by 12 paise to touch a low of 85.0675 against the US dollar. The dollar index, which measures the greenback’s…

JSW Infrastructure, India’s second largest private port operator, today announced a massive ₹30,000 crore investment plan for FY25-30 to expand cargo handling capacity to 400 million tonnes per annum (MTPA) by FY30. The expansion strategy includes brownfield projects at existing ports in Jaigarh, Dharamtar and Goa, as well as greenfield developments in Jatadhar, Keni and…

The Yash Highvoltage share price is quoted at a whopping premium of 90% on ₹277.40 for the BSE SME company. The subscription status and gray market premium indicated a strong share price Yash Highvoltage’s IPO, in which the bidding started on December 12, 2024 and ended on December 16, 2024, had received a strong response…

The initial public offering (IPO) of Concord Enviro Systems worth ₹500.33 crore will open today in the price range of ₹665-701. The IPO of the environmental solutions company will be completed on December 23. While half of the issuance is reserved for qualified institutional buyers and 35 percent for retail investors, the remaining 15 percent…

Indian stock market indices, Sensex and Nifty 50, are likely to open lower on Thursday, following a sharp decline in global markets following the US Federal Reserve policy. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around the 23,936 level, a discount of…

State-owned Punjab & Sind Bank (PSB) on Wednesday said it had raised ₹3,000 crore through private placement of infrastructure bonds (long-term bonds). The bank received a total offer of ₹6,031 crore, while the base issue was ₹500 crore, PSB said in a filing with the regulator. Also read: Indian fertilizer companies will soon sign an…

The Canadian dollar is down 0.9% against the greenback It is its weakest point since March 2020 at 1.4444 CAD’s three-month implied volatility rises to 6.6 Canadian bond yields are rising across the curve (Updating prices and activity details) TORONTO, Dec 18 (Reuters) – The Canadian dollar fell to a nearly five-year low against its…

U.S. stocks tumbled on Wednesday, erasing earlier gains after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank’s economic projections signaled a slower pace of cuts next year. The Fed cut rates by 25 basis points to a range of 4.25%-4.50% and its summary of economic projections…