Latest Market Sentiment News & Updates

New Delhi, April 6 (IANS) The Indian rupee opened 10 paise higher at 93 against the US dollar on Monday, as traders continued to unwind speculative positions in the offshore non-deliverable forwards (NDF) market.The domestic currency was trading at 93 per dollar in early trade, compared to its previous close of 93.10. Currency and fixed income markets remained closed on April 3 on account of Good Friday.The rupee has gained around 2 per cent over the past week following the Reserve Bank of India…

Mumbai, April 4 (IANS) Indian stock markets appear to be moving into a consolidation phase, marked by high volatility and limited clarity on direction, as global uncertainties and mixed domestic signals keep investors on edge, according to market experts on Saturday.Indian equity benchmarks ended the holiday-shortened week on a subdued note — reflecting the ongoing uncertainty in the market.The Nifty slipped 0.47 per cent, while the Sensex also closed lower, marking the sixth consecutive week o…