Category: Markets

On the Multi Commodity Exchange (MCX), silver futures for March delivery zoomed ₹12,338, or 4.88%, to ₹2,65,282 per kg in 6,024 lots

Bitcoin tumbled as much as 5% early on Monday, dropping below $65,000. The sell-off has been driven by investors pulling out of speculative assets and concerns about future cryptocurrency regulation

“Even the new 15% global tariff imposed under Section 122 will be challenged in courts, and the probability of this decision getting annulled is high since Section 122 allows the U.S. President to impose tariffs to tackle a serious balance of payments crisis, which the U.S. doesn’t have now,” an expert said.

The 50-share NSE Nifty gained 93.95 points, or 0.37%, to close at 25,819.35.

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.22% higher at 97.03.

Eternal, Tata Steel, Trent, Reliance Industries, Mahindra & Mahindra, Bajaj Finserv, Axis Bank, Bharti Airtel, Kotak Mahindra Bank and Hindustan Unilever ended with losses

State Bank of India, Maruti Suzuki India, IndiGo, Trent, Reliance Industries, NTPC, Bajaj Finance, ICICI Bank, Sun Pharmaceuticals, Hindustan Unilever, and Bharat Electronics Ltd. were among the gainers

The dollar index has fallen below the 97 level amid ongoing weakness and shifting away from dollar assets

A retreating dollar index and a positive trend in domestic equities further supported investor sentiments

At the interbank foreign exchange, the rupee opened at 90.52 and touched an early high of 90.06 and a low of 90.53 against the greenback