Sensex slips over fifty points in early trade, Rupee gains eleven paise to 70.81 vs USD

17:40:00 | 05-Mar-2019

Equities benchmark Sensex edged lower by over fifty points in early trade on Tuesday, following weak world cues amid caution on the US-China trade talks front and issues over deceleration Chinese economy.

The 30-share BSE index was commercialism lower by 0.14 per cent, or 50.71 points, at 36,013.10 within the opening trade. The broader NSE great was additionally quoted down by 0.13 per cent, or 14.60 points, at 10,848.90.

In the Sensex pack, weakness was seen primarily in capital product, IT and money counters. Indian equities followed the weak trend prevailing on Asian bourses as investors anticipated recent developments within the China-US trade talks.

China lowering its growth forecasts for this year additionally contend within the minds of cautious investors. Globally, investors caterpillar-tracked losses on Wall Street, wherever the world rally hit a bump as optimism that the world’s prime 2 economies are heading for a tariffs deal was replaced by a necessity for clarity on any agreement.

However, volatility erupted last week on domestic bourses once the Indian Air Force targeted Pakistan-based terror camps, resulting in days-long geo-political tensions within the region. however investors currently will heave a sigh of relief amid subsiding of skirmishes on the border between the 2 nations.

In the absence of any immediate key triggers, the domestic equity market would be target-hunting by macro-economic information, crude costs, foreign fund inflows and currency movement during this holiday-shortened week, per analysts.

The domestic forex market and equity market were closed Monday on account of Mahashivratri. Forex traders said, recent foreign fund inflows and easing crude costs additionally supported the rupee.

Meanwhile, foreign investors (FIIs) remained internet patrons within the capital markets, fitting Rs 198.38 crore on a internet basis Friday, as per conditional information. brant goose crude futures, the world oil benchmark, eased 0.49 per cent to USD 65.35 per barrel.

Tags : #

Releted News

Already Viewed | View Again

Rupee opens marginally higher against U.S. dollar

15:55:00 | 19-Mar-2019

The rupee edged two paise higher to 68.51 against the U.S. dollar in early trade Tuesday sooner than the Federal Reserve’s policy meet. Besides the greenback’s weakness against some currencies overseas, hyperbolic merchandising of the american currency by...

Already Viewed | View Again

Hyundai, Kia invest $300 million in ola for electrical vehicles, good quality solutions

15:55:00 | 19-Mar-2019

Korean automobile major Hyundai and its subsidiary Kia have along endowed $300 million in ride-hailing company ola to put together develop electrical vehicles system and fleet services for world markets. Under the partnership, the 3 firms also will aim to develop electrical vehicles (EVs)...

Already Viewed | View Again

Mastercard involved India information rules could hinder fraud detection 

15:50:00 | 19-Mar-2019

Mastercard opposition is bothered that India’s strict information localization rules might compromise its ability to find frauds and hiding within the domestic payments system. Storing client information solely in India while not making mirror sites overseas is risky as a result of...

Already Viewed | View Again

Anil Ambani pays up, thanks ‘respected elder brother Mukesh, Nita’

15:50:00 | 19-Mar-2019

Racing to satisfy the four-week point in time set by the Supreme Court and averting a possible jail term for its chairman Anil Ambani, Reliance Communications Ltd (RCom) Monday said it had paid Rs 550 crore and interest to Swedish telecom equipment maker Ericsson. Thanking...

Already Viewed | View Again

Jet Airways flight safety in danger, says engineers’ union; Suresh Prabhu orders emergency meet

15:45:00 | 19-Mar-2019

“It has been arduous for United States to fulfill our money necessities, results of that have adversely affected the psychological condition of craft Engineers at work and thus the protection of transport airplanes being flown by Jet Airways across India and also the world is in...

Already Viewed | View Again

No room in India for authoritarian impositions from above: Manmohan Singh

16:50:00 | 18-Mar-2019

Former prime minister Manmohan Singh stressed on Friday that no innovation publically policy “can succeed while not an inexpensive accord concerning it” and India has “opted for a democratic path for ourselves”. He aforesaid “there isn't any room for...

Already Viewed | View Again

‘Demonetisation a policy mistake, job scene most worrying today’

16:40:00 | 18-Mar-2019

“The most worrying is that the jobs situation. it's unfortunate that knowledge on unemployment are being control back,” rued economic expert Kaushik Basu who was the chief guest at the 54th convocation of IaIM-Ahmedabad on Saturday. Calling 2016 termination a...

Already Viewed | View Again

$5 billion currency swap window can down rates on high rupee liquidity

16:35:00 | 18-Mar-2019

The $5 billion rupee-dollar swap window declared by the reserve bank of India (RBI) can result in downward movement in interest rates as injection of upper rupee liquidity can facilitate lower yields on government bonds. Sources same this can bring down interest prices for high-rated Indian...

Already Viewed | View Again

As motor vehicle bill lapses, hike in fine for violations stuck in limbo

16:30:00 | 18-Mar-2019

The planned motor vehicles (Amendment) Bill, 2017 – that has suggested a large hike in numerous penalties for traffic violations like drunk driving, rash driving and driving while not licence, recall of defective vehicle components by automotive vehicle firms and creating vehicle owners...

Already Viewed | View Again

HDFC Bank cuts MCLRs by five basis points

15:35:00 | 08-Mar-2019

HDFC Bank on Thursday reduced the marginal cost-based loaning rate (MCLR) for two- and three-years tenors by five basis points (bps) to eight.85 per cent and nine per cent, severally, in line with the lender’s web site. The country’s largest non-public sector...

Already Viewed | View Again

Bottlenecks exist in data sharing: social control board to Parl panel

15:35:00 | 08-Mar-2019

Enforcement board Director Sanjay Kumar Mishra told a parliamentary committee here on Thursday that sure bottlenecks still existed for sharing data among government departments withal the changes created within the bar of cash washing Act (PMLA) and agreements signed with varied countries for...

Already Viewed | View Again

Tokyo court grants bail to ousted Nisan chairman Carlos Ghosn when 103 days in jail

17:50:00 | 05-Mar-2019

A Tokyo court on Tuesday granted bail to Carlos Ghosn, the ousted chairman of Nisan Motor Co Ltd who is fighting charges of economic misconduct, when over 3 months in detention, Ghosn’s lawyer said. Japanese public broadcaster NHK rumored that bail for Ghosn, who has been has been in...

< 1 2 3 4 5 6 7 8 9 >