Rupee volatility impacting stock markets: Fin Min

New Delhi: As the benchmark S&P BSE Sensex tanked by more than 700 points in the afternoon, the Finance Ministry on Friday said excessive rupee volatility is impacting the equity markets. “Our sense is that what is seen in India is happening due to what is happening all over the world. The rupee worry also […]

Sensex zooms by 520 points; Nifty reclaims 5,800

Mumbai: The BSE benchmark Sensex on Friday jumped up by a staggering 520 points, its biggest single-day gain in 22 months, to close above the 19,000-mark, led by a rally in energy sector stocks, after the government approved nearly doubling of natural gas prices, amid sharp recovery in rupee. The 30-share index started the day […]

Sensex down 157 points, rupee at record low of 55.45 vs dollar

Mumbai: Snapping a three-day gaining streak, the BSE benchmark Sensex on Tuesday dropped by 157 points after investors became jittery with rupee slumping to a new record low amid fund outflows. The Sensex, which had gained 153 points in the past three sessions, fell by 156.85 points, or 0.97 percent to 16,026.41. While the 30-share […]