Currency Markets
Currency Markets News

Asian shares decline amid Omicron, anti-inflation measures from Federal Reserve, Russian-Ukraine jitters
The Dow Jones Industrial Average had declined more than 1,000 points before rallying and ending higher.

Sensex jumps over 400 points to 30,451, Nifty at 8,914-mark in opening session; Bharti Airtel, Kotak Bank shares up
Sensex surged over 400 points in opening session led by gains in HDFC twins, Bharti Airtel and Kotak Bank amid positive cues from global markets.

Sensex crashes over 1,000 points, Nifty plunges 314 points on lockdown extension, mega economic package; bank, auto stocks worst-hit
The Sensex ended 1,068.75 points or 3.44 percent lower at 30,028.98, while the broader NSE Nifty plunged 313.60 points or 3.43 percent to 8,823.25.

Stock Market Latest Updates: Sensex falls 190 points, Nifty below 9,200-mark; Reliance Industries, Asian Paints among top losers
Stock Market Latest Updates: Sensex falls 190 points, Nifty below 9,200-mark; Reliance Industries, Asian Paints among top losers

Markets open on negative note: Sensex falls over 300 points, Nifty slips; HUL, Kotak Bank, ONGC among top losers
HUL was the top loser in the Sensex pack, dropping over 3 percent, followed by Kotak Bank, ONGC, Bharti Airtel, PowerGrid, Titan and Nestle.

Stock, commodity, bond, forex markets closed today for Maharashtra Day; to resume trading on 4 May
Wholesale commodity markets, including metal and bullion, will also remain shut and there will be no trading activity in the forex and commodity futures markets as well.

Crude claws back into positive territory but historic crash spooks investors; analysts hint at demand destruction
May futures settled at minus $37.63 a barrel on Monday, a 306% daily drop, driven by the rapid filling of the United States’ main storage hub at Cushing, Oklahoma - the delivery point for West Texas crude.

Coronavirus Outbreak: Curtailed trading hours for debt, currency markets will remain in force till 30 April, RBI says
The limited trading hours of debt as well as currency market will remain in force till 30 April amid extension of the countrywide lockdown, the RBI said on Thursday

Oil skids on oversupply fears after delay in Saudi Arabia-Russia negotiations; stocks jump on coronavirus-led slowdown
Investors took solace from the fact that coronavirus cases appeared to be reaching a peak in Europe with Italy seeing the number of patients in intensive care falling for the second consecutive day

Coronavirus Outbreak: RBI announces reduced trading timings for government bond, forex markets from 7 April
The coronavirus outbreak has led to the central bank of India, the RBI to change market timings for the government bond, forex markets, while maintaining the duration of other key banking-related activities

Stock Market Latest Updates: Sensex soars over 1,400 points, Nifty above 8,600-mark at close; IndusInd Bank zooms over 45%
Stock Market LIVE Updates: Sensex up 300 points, Nifty opens above 8,400-level in opening trade; Rupee opens flat

Stock Market Latest Updates: Sensex surges over 1,800 points, Nifty regains 8,300-mark; RIL zooms nearly 15%
Stock market LIVE Updates: Sensex up 570 points, Nifty opens above 7,500 level; RIL, Cipla, Tech Mahindra among major gainers

Dollar scales record levels at 3-year peak; global rampage spurs FX interventions, speculation of big G7 move
The dollar’s brutal ascent—up 6.5 percent this month against a basket of peers—has sent almost every other currency reeling.

Global shares head for worst week since 2008 financial crisis as investors brace for coronavirus to morph into a pandemic
The worsening global threat from the virus prompted investors to rapidly step up bets the US Federal Reserve would need to cut interest rates as soon as next month to support economic growth

Sensex opens over 170 points higher driven by banking, telecom stocks; Nifty above 11,900-mark in early trade
After hitting a high of 40,455.36 in the early session, the Sensex pared some gains to trade 58.59 points, or 0.15 percent, higher at 40,342.78, while the broader NSE Nifty advanced 14 points, or 0.12 percent, to 11,898.50

Donald Trump thinks US Fed has gone crazy for its rate hike spree, but what has got into our RBI?
Jump in US interet rates, Rupee chaos will force RBI to hike rates sooner than it thought

Rupee recovers from record low of 69.13 as dollar rally eases, jumps 21 paise to end at 68.84
The sell-off in the rupee accelerated in early trade, with the local unit plunging to a new historic low of 69.13 before recouping losses.

Rupee crashes to lifetime low of 69 per dollar: Drop has market talking, but RBI intervention can trigger reversal of direction
The RBI has to step in now and send signals. Else, the assumption will be that a weaker rupee is acceptable as it provides a boost to exports.