Six of top 10 valued firms take Rs 1.40 lakh cr hit in mcap; TCS, Infosys biggest laggards

[ NEW DELHI: The combined market valuation of six of the top 10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit. Last week, the BSE benchmark declined 1,156.57 points or 1.55 per cent. Stock markets were closed on Wednesday … Read more

Stock market today: BSE Sensex dips 200 points to below 74,000 level; Nifty50 near 22,400

[ Stock market today: BSE Sensex and Nifty50, the Indian stock market indices, dropped in trade on Tuesday after a positive start to the fiscal year yesterday. While BSE Sensex dipped 200 points, Nifty50 was close to 22,400. At 9:22 AM, BSE Sensex was trading at 73,812.93, down 202 points or 0.27%. Nifty50 was at … Read more

Rupee falls 4 paise to settle at 82.90 against dollar on firm crude oil prices

[ MUMBAI: The rupee declined by 4 paise to settle at 82.90 (provisional) against the US currency on Monday on firm crude oil prices. Gains in domestic stock markets and foreign fund inflows capped the rupee’s losses, analysts said. The local unit opened firm at 82.84 to a dollar at the interbank foreign exchange market … Read more