Mumbai, March 18 (IANS) The rupee on Wednesday touched a fresh record low of 92.63 against the US dollar, amid a firming greenback and continued foreign fund outflows.At the interbank foreign exchange, the rupee opened at 92.42 and moved in a narrow range before weakening to its all-time low during the session.The currency had closed at 92.37 on Tuesday.”The Indian rupee slipped to a fresh record low as a break below the 92.50 level triggered selling pressure, exacerbated by thin dollar liquidit…
Latest HDFC Securities News & Updates
Mumbai, March 4 (IANS) The Indian equity markets opened sharply lower on Wednesday, tracking weak global cues and aggressive FII short positioning in index futures amid escalating geopolitical tensions in the Middle East.As of 9.28 am, Sensex lost 1,773 points, or 2.21 per cent, to reach 78,465 and Nifty eased 549 points, or 2.21 per cent, at 24,316.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 2.18 per cent, and the Nifty Smallcap 100 lost…
Mumbai, Feb 25 (IANS) The Indian equity markets showed strong gains on Wednesday led by IT stocks, tracking an overnight recovery of tech stocks on Wall Street in the US.As of 9.30 am, Sensex added 559 points, or 0.69 per cent, to reach 82,785, and Nifty gained 157 points, or 0.62 per cent, at 25,582.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 added 0.27 per cent, and the Nifty Smallcap 100 gained 0.46 per cent.All major sectoral indices traded in…
Mumbai, Jan 20 (IANS) Early results from India Inc’s December quarter showed a muted earnings season as one‑time charges tied to the new labour code and other transitional costs weighed on profits, industry analysts said.About 10 Nifty 50 firms have reported their results so far, mostly IT companies and few banks. Analysts said there were no upside surprises in the results, with most companies delivering mixed results or falling short of expectations.A major drag on corporate earnings was th…
New Delhi, Jan 17 (IANS) A “Goldilocks” year is in store for India in 2026 with double‑digit nominal growth falling rates, stable currency, and easing global risks combine to create a fertile backdrop for equities, led by metals, BFSI, capital goods, and defence, a report said on Saturday.The report from HDFC Securities said that 2026 looks forecasted Nifty earnings growth of about 16 per cent for FY27, set a 2026 return expectation of around 11 per cent and put a year‑end Nifty target a…
Mumbai, Dec 24 (IANS) The gold prices surged over 0.5 per cent to hit record highs on Wednesday, pushing above $4,500 an ounce due to escalating US‑Venezuela tensions and expectations for more US rate cuts next year.MCX gold February futures rose 0.44 per cent to Rs 1,38,485 per 10 grams, while MCX silver surged 1.79 per cent to a record high of Rs 2,23,593 per kilogram (as of 10.05 am).The dollar index had declined 0.20 per cent during the session, making gold cheaper in overseas currencies.”…