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Markets rebound after 3-day decline; Sensex jumps 447 points

Mumbai, Jul 29 (PTI) Benchmark equity indices Sensex and Nifty bounced back after a three-day fall, ending higher on Tuesday, powered by a rally in blue-chip stocks Reliance Industries and HDFC Bank. The 30-share BSE Sensex jumped 446.93 points or 0.55 per cent to settle at 81,337.95. During the day, it surged 538.86 points or 0.66 per cent to 81,429.88. The 50-share NSE Nifty climbed 140.20 points or 0.57 per cent to 24,821.10. From the Sensex firms, Reliance Industries edged higher by 2.21 per cent. Larsen & Toubro, Asian Paints, Tata Motors, Adani Ports, Tata Steel, Maruti, Bharti Airtel, Bajaj

Shah must take responsibility for “security lapse” at Pahalgam: Mallikarjun Kharge in Rajya Sabha

New Delhi, Jul 29 (PTI) Leader of Opposition in the Rajya Sabha Mallikarjun Kharge on Tuesday said Home Minister Amit Shah must take responsibility for the “security lapse” which led to the Pahalgam terror attack, and demanded that accountability be fixed. He was citing Jammu and Kashmir Lt Governor Manoj Sinha’s statement. Speaking during the special discussion on ‘Operation Sindoor’ in response to the Pahalgam terror attack in the Upper House, the Congress leader attacked the government and took a jibe at PM Narendra Modi’s unscheduled visit to Pakistan in 2015. Kharge said the prime minister should have been present

Rupee falls 12 paise to close at 86.82 against US dollar

Mumbai, Jul 29 (PTI) The rupee depreciated 12 paise to close at 86.82 (provisional) against the US dollar on Tuesday, weighed down by a jump in the US dollar index and a surge in crude oil prices. Forex traders said month-end dollar demand from Oil Marketing Companies (OMCs) and importers further pressurised the rupee. Moreover, investors remained on the sidelines ahead of the US Federal Reserve and Bank of Japan’s monetary policy decision this week. At the interbank foreign exchange, the domestic unit opened at 86.76 against the greenback and touched an intra-day low of 86.92 against the greenback. At

Gold hovers near 3-week low as trade war fears ebb, dollar firms

July 29 (Reuters) – Gold prices were little changed on Tuesday, hovering near a three-week low, as easing fears of a global tariff war and a stronger dollar dampened bullion’s safe-haven appeal. Spot gold held its ground at $3,311.33 per ounce, as of 0401 GMT. The precious metal hit its lowest level since July 9 in the previous session. U.S. gold futures held steady at $3,310.80. “Gold trading at circa $3,300 or below is still getting the attention of buyers. While short-term market dynamics courtesy of trade deals and a stronger USD aren’t helping gold, looking further ahead there is

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