Business

April 6, 2023 6:47 PM

Oil prices increases after OPEC (plus), pledged voluntary production cuts

Oil prices today rose marginally after Organization of the Petroleum Exporting Countries and allies including Russia, collectively known as OPEC(plus), pledged voluntary production cuts.     In intra-day trade, Brent crude was trading at around 85 dollars and 10 cents per barrel, while West Texas In...

April 6, 2023 6:43 PM

Gold price falls by 72 rupees, Silver to trade at 74,653 rupees

Gold price today fell marginally by 72 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at around 60,784 rupees per 10 grams. However, Silver rose by 111 rupees to trade around 74,653 rupees per kilogram for May Contracts.        In the global markets, gold was t...

April 6, 2023 6:36 PM

Rupee closes at 81.90 against the US currency

In the Forex market, the rupee closed at 81 rupees and 90 paise against the US currency.   The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was almost flat, trading in positive territory at 101.89 in intra-day trade. 

April 6, 2023 5:08 PM

US stocks end mixed on fresh recession fears

US stocks ended mixed on fresh recession fears following new data that suggest the labor market is finally weakening after a year of monetary policy tightening by the Federal Reserve.   The Nasdaq Composite shed over 1.1 percent, while the S&P 500 ended in the red as well, at 0.3 percent. Ou...

April 6, 2023 4:38 PM

Asian market: Shares end lower as investors turned to economic indicators

In the Asian market, most of the shares ended lower today as investors turned their attention to upcoming earnings reports and other economic indicators. South Korea's Kospi index declined one and a half per cent while Japan's Nikkei-225 shed 1.2 per cent. Singapore's Stra...

April 5, 2023 6:39 PM

Gold rises 190 rupees, silver to trade at 61,140 rupees

Gold price today rose 190 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at around 61,140 rupees per 10 gram. Silver also rose marginally by 45 rupees to trade around 74,690 rupees per kilogram for May Contracts. In the global markets, gold was trading higher a...

April 5, 2023 6:36 PM

Rupee appreciates 33 paise to 82 against US dollar

In the Forex market, the rupee today appreciated 33 paise against the US dollar. The domestic unit closed at 82 rupees against the US currency.   The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was almost flat at 101.58 in intra...

April 5, 2023 6:35 PM

Oil prices fall marginally below 85 dollars per barrel level

Oil prices today fell marginally below the 85 dollars per barrel level.In intra-day trade, Brent crude was trading at around 84 dollars and 70 centsper barrel, while  West Texas Intermediate (WTI) crude price was at 80dollars and 46 cents per barrel. 

April 5, 2023 5:51 PM

Stock Market: Sensex rises 583 points, Nifty to settle at 17,557

Key domestic stocks today ended with gains of around one per cent. The BSE closed near the 59,700 level while the NSE Nifty settled above 17,550 points. Both benchmark indices gained amid mixed global cues.   The Sensex rose 583 points, or 0.99 per cent, to finish at 59,689 while the Nifty at the Na...

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