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Rupee advances: Gains 13 paise to 85.92 vs US dollar in early trade; rises for second day amid ceasefire hopes

This is an AI-generated image, used for representational purposes only. The Indian rupee extended its gains for a second consecutive session on Wednesday, rising 13 paise to 85.92 against the US dollar in early trade, buoyed by hopes of a lasting ceasefire between Israel and Iran and strong cues from domestic equities.At the interbank foreign…

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Stock market today: Nifty50 opens above 25,100; BSE Sensex up over 300 points

Markets are anticipated to maintain stability, supported by decreasing geopolitical tensions and favourable domestic indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday following global cues. While Nifty50 was above 25,100, BSE Sensex was up over 300 points. At 9:16 AM, Nifty50 was trading…

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Govt launches scheme for imported EVs

NEW DELHI: Govt on Tuesday opened the window for auto companies to sell imported EVs by paying lower duty in return for promising to invest in the country. While Tesla has opted to stay out, doors have been shut for Chinese companies, such as BYD.Heavy industries and steel minister H D Kumaraswamy said four-five companies…

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Rupee posts biggest single-day gain in five years: Currency jumps 73 paise to 86.05 vs dollar, as oil slides on Iran-Israel ceasefire

The rupee rebounded sharply on Tuesday to post its steepest single-day gain in nearly five years, climbing 73 paise to settle at 86.05 against the US dollar, tracking a slump in global crude oil prices and easing geopolitical tensions in West Asia.According to forex traders, a weak dollar and firm domestic equities also supported the…

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KPIT Technologies: This stock has surged remarkably since hitting its 52-week low in April; should you invest?

Price analysis indicates that whilst the stock trades under 5 and 200-DMA, it maintains positions above 10,20,30,50 and 100-DMA in daily charts. (AI image) KPIT Technologies Ltd, a prominent Indian IT company, has seen a significant increase of over 30% from its lowest point in April 2025. KPIT Technologies’ shares have demonstrated robust performance, breaking…

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Top stock picks for this week: Which stocks have scored a 10/10 on Stock Reports Plus? Check list

The selection of weekly recommendations aims at delivering practical insights for organisations demonstrating robust financial health. (AI image) For optimal investment choices, here is a curated list of companies that have received top ratings from Stock Reports Plus, combined with “Strong Buy/Buy” recommendations according to the Institutional Brokers’ Estimate System (IBES).The selection of weekly recommendations,…

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