August, 02 2025 Saturday 07:13 Hrs
  • SENSEX :   80,599.91

  • Top commodity trading and broking companies in India-585.67( -0.72%) 01-Aug-2025
top-arrow-market
Sensex 80599.91 -585.67  (-0.72) 01-Aug-2025
Previous Day Close
81185.58
Today's High/Low
High Low
  •  
  •  
81317.51 80495.57

Other Markets - Detailed News

Dollar index hits 2-month top above 99 mark
31-Jul-25   09:46 Hrs IST

The dollar index is hovering at a two month high after the Federal Reserve (Fed) decided to hold its benchmark federal funds rate in a range of 4.25%-4.5% at its July meeting on Wednesday. Fed Chair Jerome Powell said in a post-policy conference that the US central bank has made no decisions about a potential policy change in September, and it may take a bit to assess the effect of tariffs on consumer prices. Meanwhile, the greenback also drew support from stronger-than-expected US economic data that expanded at an annual rate of 3.0% for the April through June period. This was followed the 0.5% contraction in the first quarter and came in stronger than the expectation of 2.4%. Investors now await the US Personal Consumption Expenditures (PCE) Price Index and Nonfarm Payrolls (NFP) this week for further cues. Currently, the dollar index that measures the greenback against a basket of currencies is quoting at 99.55, down marginally on the day.

Powered by Capital Market - Live News

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.