The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might continue to extend their losses, as Nifty futures traded 50 points lower at 17,713.5 on the Singaporean exchange. On Monday, the markets snapped a nine-day gaining streak, with Sensex giving up the 60,000 mark and closing 520 points lower at 59,910 […]
Sugar industry body ISMA has revised downwards the country’s sugar production estimate to 328 lakh tonnes for the current marketing year ending September, from an earlier projection of 340 lakh tonnes. The downward revision has been made due to a fall in sugar output in Maharashtra to 105 lakh tonnes in the 2022-23 marketing year […]
The rupee edged up by 2 paise to settle at 81.78 (provisional) against the US dollar in a range-bound trade on Thursday, tracking the weakness of the American currency in the overseas market. Forex traders said significant foreign fund inflows and crude oil prices trading below USD 75 a barrel also supported the local unit. […]