Business & Economy

June 19, 2024 4:59 PM

India records all-time high sea food export in FY 24

India has achieved a record-breaking milestone in seafood exports during the financial year 2023-24, according to the Ministry of Commerce and Industry. The country exported a total of 17,81,602 metric tons (MT) of seafood, valued at Rs 60,523.89 crore (USD 7.38 billion), despite facing significant ...

June 19, 2024 11:16 AM

Nvidia eclipses Microsoft as world’s most valuable company

Nvidia became the world's most valuable company on Tuesday, dethroning tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.335...

June 19, 2024 11:04 AM

Sensex, Nifty open at record highs; realty stocks drag, banks shine

Indian stock markets opened at record highs on Wednesday. The BSE Sensex rose 242 points to 77,418, while the Nifty gained 71.90 points to 23,629.80. The Nifty bank indices opened at 50,607.90, up 167 points or 0.33 percent, and the Nifty Midcap 100 hit a new high of 55,679.20, up 189.10 or 0.34 pe...

June 19, 2024 9:46 AM

Asian stocks rise on tech rally, Fed rate cut wagers

Asian shares rose to their highest in three weeks on Wednesday, buoyed by a rally in tech stocks, while the dollar wobbled after soft U.S. retail sales data reinforced expectations of the Federal Reserve cutting rates later this year. MSCI's broadest index of Asia-Pacific shares outside Japan was 0...

June 18, 2024 5:45 PM

Sensex, Nifty close at record highs

Indian markets closed at record highs on Tuesday, with both the Sensex and Nifty reaching new levels during the trading session. The Sensex peaked at a record 77,366.77, while the Nifty50 hit an all-time high of 23,579.05. The Nifty 50 closed up 0.39 percent at 23,557.90, and the Sensex rose 0.40 p...

June 18, 2024 2:06 PM

Stock markets open new week on bull run, Nifty touches new high

Domestic markets continued their bullish trend on Tuesday, with both the Nifty 50 and BSE Sensex making gains in the opening session. The Nifty 50 rose by 60 points to reach 23,529, while the BSE Sensex increased by 101 points, reaching 77,195 shortly after trading began. In the sectoral indices ex...

June 17, 2024 11:11 AM

Asia shares muted on China data, euro on defensive

Asian share markets were in the red on Monday as mixed Chinese economic news underlined the country's bumpy recovery, while political uncertainty in Europe soured risk appetites and kept the euro on the defensive. Chinese blue chips were off 0.2% after retail sales topped forecasts by rising 3.7% i...

June 16, 2024 11:27 AM

Foreign investors return to Indian markets with investment of Rs 2743 crore

Foreign portfolio investors (FPIs) re-entered the Indian equity markets with a notable net investment of Rs 2,743 crore on Friday, signaling a positive turn. However, despite this recent inflow, overall FPI investments remain in the negative territory. According to the latest data from the National...