Business

January 5, 2024 5:45 PM

Two US indices ended with losses

The two out of three US indices ended with losses yesterday. The Nasdaq Composite index lost 0.27 percent and the S&P 500 fell 0.03 percent. While the Dow Jones Industrial Average rose 0.03 percent. 

January 4, 2024 7:32 PM

Oil prices rose around one percent today

Oil prices rose around one percent today. In intra-day trade, Brent crude was trading at 78 dollars and 90 cents per barrel, while U.S. West Texas Intermediate crude was trading at 73 dollars and 46 cents per barrel when reports last came in.

January 4, 2024 6:32 PM

Gold price up 151 rupees to trade at 62,658 rupees per ten gram

Today, gold was trading higher at the Multi Commodity Exchange for February contracts. The precious metal was up 151 rupees to trade at 62,658 rupees per ten gram. While silver futures for March contracts was down 169 rupees to trade at 72,164 rupees per kilogram when reports last came in. In the gl...

January 4, 2024 5:37 PM

Forex market: Indian rupee closes at Rs 83.23 against US dollar

In the forex market, the Indian rupee today ended at 83 rupees and 23 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was up at 102.29 in intra-day trade.

January 2, 2024 6:59 PM

Gold Rises in February Contracts, Silver Up in March Contracts

Today, gold was trading up at the Multi Commodity Exchange for February contracts. The precious metal was up 139 rupees to trade at 63,459 rupees per ten gram. While silver futures for March contracts were up 250 rupees to trade at 74,640 rupees per kilogram when reports last came in.

January 2, 2024 6:30 PM

Oil Prices Surge 2% on Supply Disruption Fears, Chinese Demand Optimism

Today, oil prices surged over two percent driven by concerns over potential supply disruptions in the West Asia following the recent attack on a container ship in the Red Sea. Additionally, optimism surrounding Chinese demand also contributed to the upward momentum in prices.   In intra-day trade, B...

January 2, 2024 6:13 PM

Stock Indices Dip on Geopolitical Tensions, Oil Price Surge

Key domestic stock indices ended in negative territory today over escalating geopolitical tensions and a substantial increase in crude oil prices. Profit booking was also evident at higher levels due to ongoing worries about disruptions in the Red Sea that could pose short-term hurdles for global su...

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