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Markets trade lower in early deals on profit-taking in blue-chip stocks, foreign fund outflows

Mumbai, Jul 24 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Thursday amid profit-taking in blue-chip stocks and continuous foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later in the trade. The benchmark declined 130.92 points to 82,595.72 in early trade. The 50-share NSE Nifty dipped 23 points to 25,196.90. From the Sensex firms, Trent, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, Infosys and Axis Bank were among the biggest laggards. However, Tata Motors, Eternal, Sun Pharma and Tata Steel were

Rupee rises 17 paise to 86.24 against US dollar in early trade

Mumbai, Jul 24 (PTI) The rupee appreciated 17 paise to 86.24 against the US dollar in early trade on Thursday, tracking the weakness of the American currency in the overseas market. Forex traders said uncertainty over the India-US trade deal has been a huge overhang for the forex market, leaving the rupee trading in a tight range. Moreover, a negative trend in domestic equities and foreign fund outflows dented investors’ sentiments and restricted the upmove of the local unit. At the interbank foreign exchange, the domestic unit opened at 86.33 and touched 86.24 against the greenback in initial deals, higher

NewsClick case: Delhi HC grants pre-arrest bail to Prabir Purkayastha

New Delhi, Jul 23 (PTI) The Delhi High Court on Wednesday granted anticipatory bail to NewsClick’s founder and editor-in-chief Prabir Purkayastha booked for allegedly receiving money to peddle pro-China propaganda through its stories. Justice Neena Bansal Krishna also granted him a similar relief in the money laundering case of the Enforcement Directorate (ED). The court pronounced the order on Purkayastha’s pleas. The high court also granted anticipatory bail to NewsClick director Pranjal Pandey in the case registered by Delhi Police’s Economic Offences Wing (EOW). In 2021, the high court granted interim protection from arrest to Purkayastha and Pandey in the

Gold jumps Rs 1,000 to Rs 1,01,020/10 grams; Silver surges Rs 4,000 to hit record high of Rs 1.18 lakh/kg

New Delhi, Jul 23 (PTI) Silver prices surged by Rs 4,000 to hit a record high of Rs 1,18,000 per kilogram while gold advanced Rs 1,000 in the national capital on Wednesday due to heavy buying by stockists. According to the All India Sarafa Association, gold of 99.9 per cent purity climbed Rs 1,000 to Rs 1,01,020 per 10 grams (inclusive of all taxes). It had closed at Rs 1,00,020 per 10 grams in the previous market close. Gold of 99.5 per cent purity appreciated Rs 900 to Rs 1,00,450 per 10 grams (inclusive of all taxes) on Wednesday. In

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