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Nifty

US Fed Impact: Rupee on a High, Sensex Soars

After a surprising decision by the US Federal Reserve, which decided to continue buying bonds at the current rate of USD 85 billion a month for now instead of announcing a $10-15 billion reduction to its asset purchase programme, the Indian…

Rajan Effect: Rupee Rises, Sensex on High

A day after Raghuram Rajan took over as the new RBI Governor, the market welcomed with great enthusiasm. The BSE Sensex soared 550 points in the opening trade. The Indian Rupee, which has been at the receiving end, rose to 65.54 against the…

Gold Prices decline, Sensex on High

Gold prices on Friday declined by Rs. 1,150 to Rs. 25,650 per 10 grams, a 23-month low in the domestic market. The yellow metal seems to lose its demand in global markets after the US economy showed some signs of strength. However, no…

Rupee hits All-Time Low of 60 vs US Dollar

Indian Rupee hit all-time low against US Dollar on Thursday. It touched 60-level in early trade. Later, it came down to 59.53 per dollar.The sharp decline in domestic currency showed the strong demand for Dollar from banks and importers.…
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