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As on Oct 24, 2017 12:00 AM Your results on : Mid Session    
Commodities Buzz: Taiwan's September export orders hit a new high for Sep
24-Oct-2017 (11:08)
Economic Buzz: Japan Nikkei Manufacturing PMI Expands At Slower Pace In October
24-Oct-2017 (10:49)
Economic Buzz: Australia Consumer Confidence Index Improves
24-Oct-2017 (10:45)
Indian Rupee: Strengthens On Increased Dollar Sales
24-Oct-2017 (10:40)
The Indian rupee appreciated against the dollar in early trades on Tuesday, 24 October 2017 on increased selling of the US currency by exporters and banks. Besides, weakness in the dollar against a few currencies overseas as attention turned to who would be the next head of the US central bank, gave some support to the rupee. Early gains in domestic stocks also influenced the rupee uptrend.

The domestic currency opened at Rs 64.95 against the dollar and climbed further to a high of 64.90 so far during the day. In the spot currency market, the Indian unit was last seen trading at 64.9150. Yesterday, the rupee had ended marginally higher by 2 paise at 65.02 a dollar on fresh selling of the American currency by banks and exporters coupled with firm local equities.

Domestic benchmark indices extended initial gains and hit fresh intraday high in morning trade as firmness in most Asian stocks boosted sentiment. At 10:20 IST, the barometer index, the S&P BSE Sensex gained 132.41 points or 0.41% at 32,639.13. The Nifty 50 index rose 41.80 points or 0.41% at 10,226.65.

Overseas, most Asian stocks shrugged off overnight declines in the US stocks, where a gauge of equity volatility climbed as market participants assessed the recent rally in global stocks before a slew of earnings reports. US stocks began the week with losses yesterday, 23 October 2017 as industrial and technology companies and retailers all stumbled. The Chicago Fed national activity index for September improved to 0.17 in September from negative 0.37 in August.

Meanwhile, the dollar edged down on Tuesday as attention turned to who would be the next head of the U.S. central bank. U.S. President Donald Trump told reporters on Monday he is very, very close to deciding who should chair the Federal Reserve after interviewing five candidates for the position. Appointment of a more hawkish candidate would give the dollar a lift. Investors are also following U.S. tax reform developments. The Senate's approval of a budget resolution on Friday raised hopes that Trump's tax plans would move forward this year. The dollar index, which tracks the greenback against a basket of six major rivals, edged down 0.1 percent to 93.817 (DXY).

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Economic Buzz: German Economy Set To Expand In Q3 Driven By Industrial Sector, Says Bundesbank
23-Oct-2017 (18:08)
Commodities Buzz: South Korean ferroalloy imports rise for Sep y-o-y
23-Oct-2017 (15:46)
Spot Market Update: Guarseed Eases Near Five Week Low
23-Oct-2017 (17:06)
Spot Market Update: Coriander Sees Steady Moves
23-Oct-2017 (17:0)
Spot Market Update: Barley Slips After Recent Surge
23-Oct-2017 (16:59)
Spot Market Update: Chana Sees Modest Buying
23-Oct-2017 (16:58)
Commodities Buzz: Indian Crude Oil Basket Slips Slightly
23-Oct-2017 (16:38)
Market Speaks: Headline Consumer Price Inflation Up Sharply Says RBI
23-Oct-2017 (15:48)
Commodities Buzz: South Korean Ferroalloy Imports Rise 29% In September
23-Oct-2017 (15:46)
Commodities Buzz: India's Pig Iron Exports Soar 500% In Jan-Jul 2017
23-Oct-2017 (15:36)
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