  
As per provisional closing, the barometer index, the S&P BSE Sensex, rallied 740.30 points or 1.01% to 73,730.23. The Nifty 50 index added 254.65 points or 1.15% to 22,337.30.


Sensex jumps 740 pts; Nifty snaps 10-day losing streak

Capital Market Automatic


The Indian rupee appreciated by 19 paise to close at 87.00 (provisional) against the US dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices.  As per provisional closing, the barometer index, the S&P BSE Sensex, rallied 740.30 points or 1.01% to 73,730.23. The Nifty 50 index added 254.65 points or 1.15% to 22,337.30. US President Donald Trump's tariff escalation has set off a chain reaction in global markets, sending the dollar into a downward spiral. The US dollar incurred further sharp losses on Wednesday and slumped to its lowest level in nearly four months amid uncertainty over US growth prospects. The dollar index that measures the greenback against a basket of currencies is quoting around November 2024 lows of 104.85, down 0.80% on the day.  At the interbank foreign exchange, the rupee witnessed high volatility. It opened at 87.18 then touched the intraday high of 86.93 and the low of 87.20 against the ...

INR appreciates as dollar slumps overseas

Coforge surged 9.88% to Rs 7916.15 after the company's board approved a stock split in the ratio of 1:5 for its equity shares.

Coforge spurts after board OKs 1:5 stock split

Jindal Drilling & Industries surged 9.24% to Rs 864 after the company acquired jack-up rig, Jindal Pioneer from Discovery Drilling Pte, Singapore, a joint venture of the company, for a consideration of $75 million.

Jindal Drilling & Inds jumps after acquiring jack-up rig for $75 mln

BSE, Coforge, and State Bank of India were the top traded contracts.

Nifty March futures trade at premium

stock market trading

Nifty Metal index: The world's second-largest economy consumes almost half of the global metals supply. As a result, China's economic outlook has a significant impact on metal prices

Stock market: Nifty Metal index logs biggest jump in nine months

Business Standard

Happiest Minds Technologies announced being positioned as 'Innovators and Major Players' in the NelsonHall Vendor Evaluation and Assessment Tool (NEAT) Report in Transforming Core Banking Services. 

Happiest Minds Technologies features in NEAT Report on Transforming Core Banking Services

Hindware Home Innovation added 1.37% to Rs 195.40 after the company announced that it had incorporated a wholly owned subsidiary (WOS) named HHIL.

Hindware Home Innovation gains on incorporating subsidiary



Meanwhile, Bank of Japan Deputy Governor Shinichi Uchida signaled further rate hikes, citing inflation and wage growth. The broader Topix index closed up 0.30 percent at 2,718.21. Hyundai Motor, Kia and SK Hynix surged 2-4 percent.

Japanese markets edge up slightly



The U.S. dollar remained fragile ahead of the release of ISM Services PMI and ADP Employment Change data for February. 

China Shanghai composite index rise 0.53%

Companies News: Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Company News: Company Business News, Indian Companies News, Company Analysis, Corporate Industry News

Get latest company news, company results, company interviews, company financials, company analysis, company disclosure, corporate news, company announcements at Business Standard.

Orion Acids & Ch News