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DOMESTIC NEWS


India's forex reserves fall to $637.92 bln as of April 26 - central bank

Friday,   03-May-2024   05:07 (IST)

India's foreign exchange reserves fell to $637.92 billion as of April 26, compared with $640.33 billion a week earlier, the Reserve Bank of India said on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves. Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund....

Indian shares fall on profit taking after Nifty 50 scales record high

Friday,   03-May-2024   04:21 (IST)

Indian shares dropped as profit booking emerged after the Nifty 50 scaled a record high, trimming weekly gains for the blue-chip indexes. The blue-chip Nifty 50 fell 0.8% and Sensex dropped 1% on the ...

Bajaj Finance leads India's Nifty 50 to record high at the open

Friday,   03-May-2024   09:41 (IST)

India's Nifty 50 index rose to a record high on Friday, tracking a rally in its Asian peers and supported by Bajaj Finance's jump after restrictions on its lending products were lifted. The bl...

Indian shares log gains on less-hawkish Fed, easing oil prices

Thursday,   02-May-2024   04:33 (IST)

Indian shares advanced as a less hawkish stance by the U.S. Federal Reserve on rate hikes eased market concerns, while a drop in overnight crude prices helped cool domestic inflation fears. Blue-chip ...

India's April factory growth eases but still strong, PMI shows

Thursday,   02-May-2024   11:06 (IST)

Growth in India's manufacturing sector slowed marginally in April but remained robust thanks to strong demand, prompting firms to ramp up purchases of raw materials at a near-record pace, a busine...

Energy stocks buoy Indian shares; Kotak Mahindra Bank falls on joint MD exit

Thursday,   02-May-2024   10:10 (IST)

Indian shares inched up on gains in energy stocks after oil prices fell overnight, while losses in Kotak Mahindra Bank after a senior executive's resignation capped gains. The blue-chip Nifty 50 e...

India's March infrastructure output rises 5.2% y/y

Tuesday,   30-Apr-2024   05:27 (IST)

India's infrastructure output in March rose 5.2% year-on-year, compared with a revised 7.1% growth in February, government data showed on Tuesday. Infrastructure output, which accounts for 40% of ...

Indian shares log third straight month of gains on strong quarterly results

Tuesday,   30-Apr-2024   04:24 (IST)

Indian shares logged their third straight month of gains on strong quarterly earnings by behemoths, even as the benchmarks reversed early gains to settle lower during the session. Blue-chip indexes Ni...

Indian bond yields edge down; Fed guidance remains key trigger

Tuesday,   30-Apr-2024   10:06 (IST)

Indian government bond yields edged lower in early trading on Tuesday, tracking a dip in U.S. Treasury yields, with investors now focusing on the Federal Reserve's monetary policy decision due on ...

Auto, energy stocks aid gains in Indian shares

Tuesday,   30-Apr-2024   09:51 (IST)

Indian shares inched higher tracking Asian peers and helped by gains in automobile and energy stocks, while strong corporate earnings drove outperformance in small and mid-cap stocks over the benchmar...

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