The rupee fell 46 paise to close at 72.97 level, its lowest ever against the US dollar in trade today which dampened market sentiment. The Indian currency had closed at 72.51 to the dollar on Monday. Led by the sharp fall in stocks, the market capitalisation (m-cap) of BSE-listed companies plunged by Rs 2,72,549.15 crore to Rs 1,53,64,470 crore since Friday.

Voltas and Arcelik, a part of Koç Holding, the largest industrial conglomerate in Turkey, have formed a 50:50 joint venture, Voltbek Home Appliances Pvt Ltd, and will reportedly invest Rs 1,000 crore in it over the next four-five years.

Earlier, the Indian currency opened at a fresh record low of 72.18 to the dollar, down 45 paise compared to Friday's close of 71.73 level. The currency witnessed intense volatility and hit all-time low of 72.64 during morning deals.

Ira Kalish, Chief Global Economist, Deloitte, Touche Tohmatsu, talks to Prosenjit Datta, Rajeev Dubey and Joe C. Mathew on how India can do well in spite of trade wars, oil, the state of the global economy and the future of global trade.

The BSE Sensex closed lower, snapping its two-day record-closing run largely due to losses in key energy stocks of Reliance Industries and Coal India. The 30-share index hit an all-time intra-day high of 38,989 at the outset but the market lost steam as investors preferred to book gains after the recent rally.The BSE index settled at 38,722 points, down 173.70 points, or 0.45 per cent over the last close.Nifty index too finished lower by 46.60 points or 0.40 per cent in choppy trade a...

The Sensex and Nifty closed at fresh record highs on positive global markets after US Federal Reserve Jerome Powell said a gradual approach to raising rates was best to protect the US economy and job growth. While the Sensex closed 442 points or  1.16% higher at 38, 694 level, the Nifty ended the day at 11,691 level, rising 1.17% or 134 points. Meanwhile, the Sensex hit an all-time high of 38,736 and Nifty rose to a record 11,700 level intra day.Of 30 Sensex stocks, 29 closed in the gree...

While the Sensex closed 442 points or 1.16% higher at 38,694 level, the Nifty ended the day at 11,691 level, rising 1.17% or 134 points. Meanwhile, the Sensex hit an all-time high of 38,736, Nifty rose to a record 11,700 level intra day. Of 30 Sensex stocks, 29 closed in the green.

While the Sensex hit an all-time high of 38,610 rising 358 points from its previous close of 38,251, Nifty gained 101 pts to record 11,659 level intra day. Meanwhile, the rupee gained in the opening trade. The currency opened higher by 15 paise at 69.76 per dollar versus close of 69.91 on Friday.

The Sensex plunged 356 points to close at a one-week low of 37,165.16, while the NSE Nifty dropped 101.50 points to finish below the 10,300-mark.

Extending its record run for the fourth-day, the 30-share Sensex touched a new peak of 37026.18 today on widespread buying in capital goods, FMCG, realty and banking stocks.

Besides, persistent buying by domestic institutional investors (DIIs) too influenced sentiment. The 30-share index, which had lost 168.73 points in the previous two sessions, was trading higher by 158.11 points, or 0.43 per cent, at 36,509.34.

Traders said positive cues from other Asian markets, tracking overnight gains in the US market following upbeat remarks from Federal Reserve Chairman Jerome Powell during his congressional testimony boosted investor sentiment.

Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.

The Sensex rebounded over 83 points to close at 35,657 in volatile trade, led by gains in auto, realty, capital goods and energy stocks. Markets benefited from bargain-hunting in recently battered stocks amid mixed global cues, brokers said. Asian markets ended higher even as investors monitored developments on the trade front in the aftermath of tit-for-tat tariffs by the US and China.The 30-share Sensex, after a negative opening, slipped to the day's low of 35,532, but staged a ...

The market closed higher today on buying by domestic institutional investors in the backdrop of easing macro cues such as recovery in the rupee and falling crude oil prices. While the Sensex closed 114 points higher at 35,378, the Nifty rose 42 points to 10,699 level. Sun Pharma, Maruti and Infosys were the top Sensex gainers. Vedanta Ltd was the top Sensex loser after the group's decision to delist Vedanta Resources from the London Stock Exchange in $1.1 billion share buyback. The ...

Rupee collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.

LIC already owns over 10 per cent in the infra-lender turned commercial bank.

The 30-share Sensex, which rose over 131 points in morning trade and hit the session's high of 35,678, quickly lost momentum and slumped to hit the day's low of 35,396. It finally ended 114.94 points, or 0.32 per cent lower at 35,432.

Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014.

The Sensex and Nifty closed higher on rise in pharma and banking stocks amid higher Asian markets buoyed by the summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore.While the Sensex closed 209 points higher at 35,692 level, the Nifty ended at 10,842, a gain of 56 points. Both the indices closed at over their four month highs after starting the day in positive territory. Markets are also awaiting the release of key macroeconomic data of IIP and retail Inflatio...