August, 02 2025 Saturday 07:12 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

INR slumps to new record low on Trump's tariff announcement
31-Jul-25   08:47 Hrs IST

The Indian rupee is likely to stay pressured on Thursday near a record low level hit in the previous session after America announced a sweeping 25 per cent tariff on Indian imports in the absence of a trade deal ahead of the August 1 deadline. Dollar index above 99 mark, month-end dollar demand from importers and sustained foreign fund outflows also weighed on the local unit. The rupee plunged 89 paise, logging its steepest single-day fall in over three years, and closed at an all-time low of 87.80 against the US dollar on Wednesday. Indian shares however, ended modestly higher on Wednesday, adding to the previous session's gains, after the International Monetary Fund (IMF) has upgraded its growth forecasts tor India to 6.4 percent for both 2025-26 and 2026-27, citing strong consumption growth. The benchmark BSE Sensex ended the session up 143.91 points, or 0.18 percent, at 81,481.86. The broader NSE Nifty index closed up 33.95 points, or 0.14 percent, at 24,855.05.

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.