Equity benchmark indices Sensex and Nifty advanced in early trade on Friday, after hitting record highs in the previous session, helped by buying in blue-chip Reliance Industries and rate cut optimism.
Stock market benchmark indices extended their previous day's rally in early trade on Thursday, with the Nifty hitting its fresh record high amid favourable global trends on growing hopes of a US Fed rate cut and foreign fund inflows.
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The Union Ministry of Environment, Forest and Climate Change cleared a Rs 136-crore luxury hotel proposal by Adani Airport Holdings Ltd within the Thiruvananthapuram International Airport premises.
The rupee stayed on the recovery path and gained 11 paise to 89.05 against the US dollar in early trade on Tuesday, supported by lower crude oil prices in the international market.
Equity benchmark indices Sensex and Nifty declined on Tuesday morning as foreign fund outflows dampened investors' sentiment.
The rupee rebounded on Monday from record lows, rising 49 paise to 89.17 against the greenback in early trade on US dollar selling by banks and a dip in global crude oil prices.
Shumeet Banerji, an Indian-origin tech industry investor, has resigned from his role as a non-executive board member of the BBC over "governance issues" at the top rung of the UK’s public broadcaster.
The rupee pared initial losses and showed a slight recovery of 5 paise trading at 88.63 against the US dollar in early trade on Friday on the back of lower crude oil prices overseas and foreign capital infusion in domestic stocks.
The Enforcement Directorate (ED) has attached fresh assets worth crores of rupees as part of a money laundering probe related to Reliance Group chairman Anil Ambani and his companies, official sources said.
Equity benchmark indices Sensex and Nifty were trading higher in early trade on Thursday, mirroring a rally in global equity markets with fresh foreign fund inflows also adding to the optimistic trend.
