Indian shares closed higher on Tuesday, tracking broader Asian markets, but recorded their worst monthly and yearly performance in over a decade as the country grappled with disruption caused by the fast-spreading coronavirus.
The broader NSE Nifty 50 index ended 3.82% higher at 8,597.75 and the benchmark S&P BSE Sensex closed up 3.62% at 29,468.49.
However, both the indexes posted their worst monthly fall since October 2008 and their worst annual fall since 2009 due tothe coronavirus-led selloff and a sluggish domestic economy.
26 May 2020 10:34 AM
The Indian rupee was at 75.71/75.72 to the dollar, against 75.95/75.96 in the previous session
26 May 2020 09:45 AM
Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world.
26 May 2020 09:17 AM
The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier currencies
26 May 2020 08:46 AM
The Indian rupee is expected to open higher against the dollar
22 May 2020 04:05 PM
Indian shares slid on Friday, as banks fell after the central bank decided to cut policy rates and extend a relief period for loan repayments in an effort to contain the economic fallout of the COVID-19 pandemic.
22 May 2020 02:53 PM
The Indian rupee fell against the dollar this week as looming worries due to rising diplomatic tensions between the United States and China crimped risk appetite across the region.