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Sensex scales new peak, Nifty above 11,050 on GST rate cut boost

Jul 23 2018 | 1 hrs ago

BSE Sensex today rallied to a new lifetime high of 36,749.69 on the back of strong gains in banking and FMCG stocks after the GST Council reduced rates on a number of products.

Trump and the US dollar: Actions speak louder than words

Jul 21 2018

U.S. President Donald Trump may not be happy about the strength of the U.S. dollar, but the greenback’s recent rally may partly be a product of his own making.

Week ahead: Wall Street braces for tariff fallout as S&P 500 companies report

Jul 21 2018

Investors are worried about the impact on earnings should the United States’ trade war with China and other major trading partners escalate.

Markets climb on IT, pharma push; log 1st weekly loss in 3

Jul 20 2018

The Sensex rebounded over 145 points while the broader NSE Nifty settled above the 11,000-mark today, driven by a spurt in IT and pharma counters.

Trump comments cut the dollar's rally short

Jul 20 2018

The dollar held below a one-year high on Friday as the latest comments from U.S. President Donald Trump spurred investors to take profits after a recent rally, while a weakening Chinese yuan capped risk appetite.

Stocks end subdued in cautious trade

Jul 19 2018

Sensex ended lower by 22.21 points at 36,351.23, while the NSE Nifty shed 23.35 points to 10,957.10.

Dollar rises to one-year high as Fed comments boost outlook

Jul 19 2018

The dollar rose to a one-year high on Thursday as investors strengthened bets on the currency’s long-term strength following upbeat comments on the U.S. economy by the Federal Reserve’s chairman.

Nifty slips 28 points; settles below 11,000

Jul 18 2018

Benchmark Nifty slipped 27 points to close at 10,980.45 today after the opposition tabled a no-confidence motion against the government, which dented investor sentiment.

Flows, sentiment lift dollar towards one-year highs

Jul 18 2018

The dollar rose towards a one-year high on Wednesday in the wake of bullish comments from U.S. Federal Reserve Chairman Jerome Powell about the strength of the U.S. economy.

Euro, yen slide as Powell's optimism fuels dollar rally

Jul 18 2018

The euro dropped 0.3 percent to $1.1619 EUR=, still above its 2018 low of around $1.15.

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