Latest Stock Market News

Rupee breaches 83, touches a 10-month low

Updated at : 2023-08-15 09:20:02

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Intraday, the rupee weakened to a low of 83.07 per dollar, marking the first time the domestic currency had breached the 83/$1 mark since October 2022. On October 20, 2022, the rupee had weakened to an all-time low of 83.29 per US dollar.

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The yuan weakened as far as 7.3115 per dollar for the first time since Nov. 4 in offshore trading, before bouncing back as major state-owned banks were seen selling dollars to support the local currency

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Nvidia jumped 7.1%, its biggest single-day increase since May 25, when its 24% surge on a stellar revenue forecast pointed to the game-changing potential of artificial intelligence.

The Zee stock has climbed more than 13% in the past five trading sessions after the NCLT approved its merger with Sony. The bulk of the recent gains at Zee, which has a market capitalization in excess of ₹26,000 crore, is attributed to investor optimism that regulators would approve the merger.

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Oil eases on stronger dollar, China demand concerns

Updated at : 2023-08-15 07:25:01

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Supply cuts by Saudi Arabia and Russia, part of the alliance between the Organization of the Petroleum Exporting Countries and their allies, or OPEC+, are expected to erode oil inventories in the rest of this year, potentially driving prices even higher, the International Energy Agency said in its monthly report on Friday.

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The company earlier in the day reported a wider first-quarter loss because if weak 4G subscriber growth and higher expenses.

Sebi will complete investigation into Zee Entertainment Enterprises case within 8 months. Until the investigation is complete, Subhash Chandra and Punit Goenka will not hold any directorial positions in any of the Essel Group companies, the regulator says

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In the BSE Universe, an impressive count of around 18 stocks have achieved multibagger status over the past three years, spanning from one Independence Day to the next

The Primary Market Advisory Committee (PMAC) has made certain recommendations, including alternatives for reverse book building process to discover the delisting price

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