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Business News

Rupee surged to 83.04 against US dollar after exit poll result

The rupee surged 38 paise to reach its three-month high level of 83.04 against the US dollar. The country's Goods and Services Tax (GST) receipts increased 10 per cent to Rs 1.73 lakh crore in May. On Friday, foreign investors bought shares worth a net of Rs 1,613.24 crore.

03 June,2024 12:16 PM IST | mid-day online correspondent
Business News

Investors gain Rs 12.48 lakh crore as sensex hits record high

The sensex hit high records after exit polls predicted a resounding victory for the BJP-led NDA in the Lok Sabha Elections 2024. 

03 June,2024 11:25 AM IST | mid-day online correspondent
Business News

Forex reserves plunge by USD 2 billion, gold reserves take a hit

In the previous reporting week, the kitty had reached an all-time high of USD 648.7 billion after a jump of USD 4.549 billion

01 June,2024 08:17 AM IST | Agencies
Business News

RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.

07 June,2024 11:43 AM IST | mid-day online correspondent
Business News

Indian markets see mixed day: Nifty 50 flat, sensex slightly up, banks lead gain

Private banks outperformed the Nifty, with HDFC Bank, Axis Bank, RBL Bank, ICICI Bank, IndusInd Bank, and Kotak Bank all making large gains.

19 June,2024 04:05 PM IST | mid-day online correspondent
Business News

SEBI proposes stricter norms for derivative trading on individual stocks

SEBI highlighted risks of low-turnover derivative equities in a recent consultation paper, including potential market manipulation, higher volatility & weaker investor protection.

18 June,2024 01:38 PM IST | mid-day online correspondent
Business News

Stock markets start week strong, Nifty hits new high

The top gainers in the Nifty 50 were Adani Enterprises, Wipro, Adani Ports, Mahindra & Mahindra, and Titan. The top losers were Dr Reddy's, Maruti, TCS, HDFC Life, and Divis Labs.

18 June,2024 12:48 PM IST | mid-day online correspondent
Business News

India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data

In terms of sector-wise hiring, the Banking, Financial Services and Insurance (BFSI) sector employs the largest percentage of LGBTQIA+ talent of the available workforce at 18-20 per cent, followed by the IT sector at 15-18 per cent, and the consulting sector at 12-15 per cent

14 June,2024 02:05 PM IST | IANS
Stock Market

Sensex, Nifty hit new record highs following decline in retail inflation

The 30-share BSE Sensex rose 538.89 points to a lifetime high of 77,145.46, while the NSE Nifty gained 158.1 points to a record high of 23,481.05

13 June,2024 11:07 AM IST | mid-day online correspondent
Business News

Rupee falls 6 paise to 83.54 against US Dollar in early trade

At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.

13 June,2024 10:07 AM IST | mid-day online correspondent
Sensex, Nifty decline after hitting fresh record high levels in opening trade

Mid-Day Premium Sensex, Nifty decline after hitting fresh record high levels in opening trade

The 30-share BSE Sensex opened at an all-time high of 81,587.76 before falling by 166.93 points to 81,176.53.

12 September,2024 12:18 PM IST | Mumbai | mid-day online correspondent
Rupee falls 3 paise to close at 83.69 against US dollar post Union Budget 2024

Mid-Day Premium Rupee falls 3 paise to close at 83.69 against US dollar post Union Budget 2024

Registering a fall of 3 paise from its previous close, the rupee finally settled at 83.69 against the US dollar

12 September,2024 12:18 PM IST | Mumbai | mid-day online correspondent
Sensex, Nifty slump in early trade tracking weak global markets

Sensex, Nifty slump in early trade tracking weak global markets

Major decliners among the 30 Sensex corporations included JSW Steel, Infosys, Larsen & Toubro, State Bank of India.

04 September,2024 10:09 AM IST | Mumbai | mid-day online correspondent
Inflation fell to 2.2 p in Europe, clearing way for Central Bank's Sept rate cut

Inflation fell to 2.2 p in Europe, clearing way for Central Bank's Sept rate cut

Inflation in the 20 European Union countries that use the euro fell sharply to 2.2 per cent in August, opening the door for the European Central Bank to cut interest rates as the ECB and the US Federal Reserve prepare to lower borrowing costs to support growth and jobs.

30 August,2024 02:53 PM IST | Frankfurt | PTI
From Jio AI-Cloud to growth roadmap, key highlights announced by Mukesh Ambani

From Jio AI-Cloud to growth roadmap, key highlights announced by Mukesh Ambani

Mukesh Ambani on Thursday unveiled the next phase of growth at Reliance Industries Ltd, with retail and telecom worth over USD 100 billion each, doubling revenues

29 August,2024 09:13 PM IST | Mumbai | mid-day online correspondent
Sensex, Nifty hit all-time high levels on rally in Reliance, Tata Motors shares

Sensex, Nifty hit all-time high levels on rally in Reliance, Tata Motors shares

The 30-share BSE Sensex jumped 349.05 points or 0.43 per cent to settle at an all-time closing high of 82,134.61, extending its winning momentum to the eighth day in a row. During the day, it soared 500.27 points or 0.61 per cent to hit a lifetime intra-day peak of 82,285.83

29 August,2024 05:41 PM IST | Mumbai | PTI
Sensex, Nifty settle almost flat in lacklustre trade

Sensex, Nifty settle almost flat in lacklustre trade

Benchmark equity indices Sensex and Nifty ended on a flat note in a lacklustre trade on Monday, as investors preferred to remain on the sidelines awaiting further triggers.

19 August,2024 08:03 PM IST | Mumbai | mid-day online correspondent
Stock market update: Sensex, Nifty climb in early trade

Stock market update: Sensex, Nifty climb in early trade

The NSE Nifty went up by 97.65 points to 24,638.80

19 August,2024 10:32 AM IST | Mumbai | mid-day online correspondent
Stock market update: Sensex jumps 1,098 points amid rally in global peers

Stock market update: Sensex jumps 1,098 points amid rally in global peers

Rebounding from Thursday's decline, the 30-share BSE Sensex jumped 1,098.02 points to 79,984.24 in early trade

09 August,2024 10:14 AM IST | Mumbai | mid-day online correspondent
Investing for Beginners: Biggest investing mistakes you need to stop right now

    Investing for Beginners: Biggest investing mistakes you need to stop right now

    In June, investors lost huge sums when the election speculation toyed with the share markets. While market volatility is something the investors can't avoid, managing market volatility is something that can be learnt. Have you been struggling to deal with market volatility?  Are you looking to make smart investments to grow your wealth? In this episode of Money Matters, Mid-day’s Katyayani Kapoor speaks to SEBI registered Investment Advisor Kavitha Menon who dives into the most common investment mistakes that derails from financial goals, how to manage market volatility and assessing risk capability for greater returns and avoiding loses. Watch this special episode on Investing for beginners and know the key to smart investments.

    12 September,2024 12:20 PM IST
    Markets decline in early trade on weak global peers, foreign fund outflows

    Markets decline in early trade on weak global peers, foreign fund outflows

    Among the 30 Sensex firms, Adani Ports, Tata Steel, NTPC, Power Grid, Mahindra & Mahindra and Tata Motors were the biggest laggards; the 30-share BSE Sensex dropped 281.74 points to 80,902.19

    09 September,2024 10:37 AM IST | Mumbai | mid-day online correspondent
    72% of taxpayers opt for New Tax Regime while filing ITR for AY 2024-25

    72% of taxpayers opt for New Tax Regime while filing ITR for AY 2024-25

    5.27 crore have been filed in the New Tax Regime while the remaining 2.01 crore ITRs are filed in the Old Tax Regime

    02 August,2024 04:28 PM IST | Mumbai | mid-day online correspondent

    01 January,1970 05:30 AM IST

    01 January,1970 05:30 AM IST
    CREDAI-MCHI report shows surge in housing sales in MMR

    CREDAI-MCHI report shows surge in housing sales in MMR

    The report highlights a substantial surge in sales in certain regions, including South Mumbai, which saw a 41 per cent increase driven by the redevelopment of old buildings into luxury projects

    02 July,2024 10:35 AM IST | Mumbai | mid-day online correspondent

    01 January,1970 05:30 AM IST

    01 January,1970 05:30 AM IST
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