Business

Equity Indices Flat; Sensex at 73,466, Nifty at 22,302.50   Sensex slipped 45 points or 0.06 points, to close at 73,466 points, while the Nifty remained unchanged at 22,302.50 points.   From the Sensex basket, Asian Paints, Ultra Cement Company, Hindustan Unilever, HDFC Bank and HCL Tech were among the major laggards.   In contrast

Key Asian stocks ended mixed today except South Korea’s Kospi, which gained 2.11 per cent.  Japan’s Nikkei-225 declined 1.66 per cent, Singapore’s Straits Times Index fell 1.09 per cent, Hong Kong’s Hang Seng Index slipped 0.90 per cent and China’s Shanghai Composite cracked by 0.62 per cent.   Major European markets were trading higher today.

The S&P 500 and Dow Jones Industrial Average ended slightly higher yesterday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut interest rates this year.   The S&P 500 gained 0.13 per cent, while the Nasdaq Composite 0.10 percent. The Dow Jones Industrial Average  0.08 percent.

Oil prices declined today as industry data showed a rise in crude and fuel inventories in the US and as the US dollar strengthened, signalling that demand for oil is coming under pressure.   The Brent Crude Oil futures was down by 0.85 per cent to trade at 82 dollar and 45 cents, whereas West

In the forex market, the rupee closed at 83 rupees and 52 paise against the US dollar today. The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies was up at 105.50 in intra-day trade.

Sri Lanka Cricket has announced that Indian milk producer Amul has been appointed as the ‘Official Sponsor’ of the Sri Lanka Men’s Team for the duration of the ICC Men’s T20 World Cup 2024. CEO of Sri Lanka Cricket Ashley De Silva said that Amul’s partnership with Sri Lanka Cricket is an excellent move, as

Key Asian stocks ended mixed today. South Korea’s Kospi gained 2.11 percent, Japan’s Nikkei-225 jumped 1.54 percent and China’s Shanghai Composite rose 0.22 percent. On the other hand, Hong Kong’s Hang Seng Index slipped 0.54 per cent and Singapore’s Straits Times Index fell 0.10 percent.   Major European markets were trading higher today. London’s FTSE

In the forex market, the rupee closed at 83 rupees and 51 paise against the US dollar today.   The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies was up at 105.25 in intra-day trade.

All three benchmark US indices closed higher yesterday in the third straight session as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates this year.   The Dow Jones Industrial Average rose 0.46 percent, the S&P 500 gained 1.03 percent and the Nasdaq Composite jumped  1.19

Oil prices remained stable today despite concerns over escalating conflict in the West Asia, particularly as Israel intensified its attacks in southern Gaza.   The Brent Crude Oil futures was down by 0.35 percent to trade at 83 dollar and four cents, whereas Western Texas Intermediate was lower by 0.36 percent at 78 dollar and