Business

March 13, 2021 5:04 PM

Rupee appreciates 24 paise to settles at 72.79 against US dollar

The rupee appreciated 24 paise to settle at 72 rupees and 79 paise against the US dollar in the business week ended yesterday. The domestic unit rose during the week mainly due to gains in the domestic equity markets and weakness in the american currency. During the week, the dollar index, which ind...

March 13, 2021 5:03 PM

Nasdaq falls as yields rise

The tech-heavy Nasdaq fell 0.6 percent after rebounding more than six percent over the past three sessions as the rising bond yields revived inflation worries and dulled the appeal of high-growth technology shares. The S&P 500 and Nasdaq posted their biggest weekly percentage gains since ear...

March 10, 2021 7:38 PM

U.S. stocks gain with Nasdaq jumping over 3%

U.S. stocks gained yesterday with the Nasdaq jumping over three percent to recoup its losses in the previous session as U.S. bond yields retreated and investors picked up battered technology stocks.   The Dow Jones Industrial Average added marginally by 0.1 percent, the S&P 500 climbed 1.4 p...

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