APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 10:53:48

    • Markets

    European stocks slump, euro hits four-month dollar low

    Europe’s main stock markets tumbled and the euro hit a new four-month dollar low as worries spiked over the eurozone debt crisis that is plaguing Greece and now circling Spain. In afternoon deals, London’s benchmark FTSE 100 index dropped 0.92 per cent to 5,355.57 points and Frankfurt’s DAX 30 slid 0.45 per cent to 6,355.84 […]

    Business

    Moody’s downgrades 16 Spanish bank

    Moody’s has cut the debt ratings of 16 Spanish banks by one to three notches, citing the effects of the ongoing recession and the Spanish government’s own reduced creditworthiness. The leading bank, Santander, and the number two BBVA, were both hit with three-notch downgrades from Aa3 previously to A3, which for Moody’s is a upper-medium […]

    Markets

    Oil slides on deepening fears over eurozone

    Mumbai : Oil extended losses in Asian trade on Friday on growing concerns that the eurozone’s debt woes could worsen, causing a global crisis that would ravage energy demand, analysts said. New York’s main contract, West Texas Intermediate (WTI) crude for delivery in June, was down eight cents to USD 92.48 per barrel while Brent […]

    Currency

    Rupee hits new record low of 54.82 per dollar

    Mumbai : The rupee on Friday tumbled by 35 paise to trade at a new all-time time low of Rs 54.82 against the US dollar in early trade on increased capital outflows and strong demand from importers for the American currency. Traders said apart from capital outflows by foreign funds, strengthening of dollar against the […]

    Stock & Share

    Sensex dips below 16k level in early trade; down 232 pts

    Mumbai : The BSE benchmark Sensex dipped below the 16,000 points level in early trade on Friday by losing nearly 232 points on heavy selling by funds and retail investors, tracking weak global markets. The 30-share barometer, which had closed higher by 40 points in Thursday’s session, tumbled by 231.97 points, or 1.44 per cent, […]

    Business

    Facebook sets richest tech IPO in motion

    US : Facebook announced a price of USD 38 per share for its record-setting initial public offering, which gives the leading social network a market value of USD 104 billion. The shares will begin trading today under the symbol “FB” on the Nasdaq, the company said on Thursday in a statement announcing the richest-ever technology […]

    Stock & Share

    Sensex recovers 170 points on firm Asian cues

    Mumbai : The BSE benchmark Sensex recovered sharply by 170 points on renewed buying across-the-board on value buying at lower levels amid strong Asian markets. The gains were led by FMCG, Realty, Banking, Power, Metal and PSU stocks. All the 13 sectoral indices on BSE were in the green. The 30-scrip index opened higher at […]

    Currency

    Rupee recovers against dollar after Wednesday’s historic low

    Mumbai : The rupee recovered 29 paise from Wednesday’s record low to 54.20 against dollar in the late morning trade on Thursday due to fresh selling of the American currency by banks and exporters amid firm equity market, although it lost some ground later. The dollar weakened slightly against the rupee despite quoting higher against […]

    Stock & Share

    Stocks melt as Re plummets; Sensex closes just above 16K

    Mumbai : Stock markets tanked on Wednesday with BSE benchmark Sensex shedding over 350 points to trade below 16,000 level intra-day but it managed to close at 16,030.09, still a hefty loss of 298.16 points as the rupee plunged to record lows. The market was also impacted by global stocks that nosedived amid a worsening […]

    Currency

    Rupee hits all-time low of 54.46 per dollar on capital outflow, Sensex also weakens

    Mumbai : The rupee tumbled 67 paise to all-time low of Rs 54.46 against the US dollar on the forex market during the midsession on Wednesday on increased capital outflows and strong demand from importers. Traders said the Reserve Bank’s efforts to curb the falling rupee have failed to arrest the decline and it has […]

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