On Thursday, benchmark indices resumed their winning run for the fourth straight session, marking a notable shift in market mood. Even better, they experienced their largest gain in four years, rising 4.5% during this week with fewer holidays. While the Nifty increased 414.45 points, or 1.77%, to close beyond the 23,800 mark at 23,851.65, the…
As foreign portfolio inflows into Indian stocks increased and the dollar continued to be defensive due to worries about the impact of tariffs on the largest economy in the world, the Indian rupee strengthened on Thursday to record its best weekly performance in a month. The rupee climbed from its previous session’s close of 85.6775…
The consumer price index (CPI), which measures retail inflation in India, decreased from 3.61% in February to 3.34% in March, a five-year-seven-month low, as food costs significantly decreased. Analysts believe that this will allow the RBI to stimulate growth by reducing interest rates by at least 50 basis points in FY26. In the face of…
Turmeric prices dropped by -0.33% to 14,948 after a speculative surge in prices last week. Total arrivals increased to 66,560 bags, indicating improved supplies, but the market remained cautious. Supply volumes surged in Basmathnagar and Sangli, but downside pressure on prices was limited due to strong buying interest. The export market showed positive trends, with…
As of April 1, India’s wheat reserves rose 57% year-on-year to 11.8 million metric tons, the highest in three years. 63.09 million tons of rice, including unmilled paddy, have been received, more than four times the government’s target. After years of poor harvests and tight procurement, these strong reserves are expected to stabilize prices and…
Wednesday saw a strong recovery in equity indexes, with late-session buying in financial companies helping the Sensex rise more than 300 points and the Nifty close above 23,400. The volatile session saw the Sensex rise 309.40 points to close at a two-week high of 77,044.29. On its way to 23,437.20, the NSE Nifty gained 108.65…
According to statistics from the Commerce and Industry Ministry, Indian exporters pushed items worth over $10 billion to the US last month alone in an attempt to avoid the reciprocal tariffs that were scheduled to take effect on April 2. It also stated that this was 35% more than the shipments reported in March of…
Natural gas prices fell by 2.53% to settle at ₹285.3 due to rising production levels and forecasts for mild weather. Output in the Lower 48 US states has averaged 106.3 billion cubic feet per day, just above the previous monthly record. Daily output hit an all-time high of 107.4 bcfd, affecting prices. Weather forecasts suggest…
Silver prices fell 0.10% to ₹94,774 on mixed signals from US trade policy and the potential economic impact. The US President temporarily exempted technology products from tariffs, while the Chinese president escalated trade tensions. The Federal Reserve Governor downplayed inflation concerns and prioritized economic growth. The Federal Reserve Governor reassured investors on tariff concerns and…
For the second straight session, the domestic main equity indices continued to rise, with benchmark indices closing more than 2% higher overall. After US President Donald Trump suspended tariffs, including those on India, for ninety days, the markets recovered. Additionally, the US administration is considering lowering 10% tariffs on cars and auto parts. Indian indices,…
