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Stock markets turn flat after falling in early trade

Mumbai, May 26 (PTI) Market benchmark indices Sensex and Nifty were trading flat after falling in early trade on Tuesday amid mixed trend in Asian equities and a rise in crude oil prices. The 30-share BSE Sensex declined 264.82 points to 76,224.14 in opening trade. The 50-share NSE Nifty dipped 27.6 points to 24,004.10. However, later both the benchmark indices rebounded and were trading marginally higher. The BSE benchmark traded 44.43 points up at 76,521.93, and the Nifty quoted 17.20 points higher at 24,048.85. From the 30-Sensex firms, Eternal, Infosys, State Bank of India, ICICI Bank, Bharat Electronics and Maruti

Rupee falls 17 paise to 95.43 against US dollar in early trade

Mumbai, May 26 (PTI) The rupee fell 17 paise to 95.43 against US dollar in early trade on Tuesday, as month-end dollar demand and elevated crude oil prices weighed on investor sentiments. Forex traders said the broader pressure on the rupee is likely to continue as long as geopolitical tensions remain elevated. Moreover, RBI measures and liquidity support may help provide temporary relief and contain volatility in the near term, they said. At the interbank foreign exchange market, the rupee opened at 95.43 against the US dollar, down 17 paise from its previous close. On Monday, the rupee gained 34

CNG price risen by Rs 2 per kg, fourth hike in 15 days

New Delhi [India], May 26 (ANI): The prices of Compressed Natural Gas (Compressed Natural Gas) have increased by Rs 2 per kg in Delhi with effect from Tuesday, adding to the commuting burden for users of CNG-powered vehicles. The latest revision makes it the fourth hike in CNG prices in less than 15 days. It comes just days after the previous hike of Re 1 in CNG prices on Saturday. The CNG hike also impacts public transport fleets in cities like Delhi and Mumbai, where a large share of buses and cabs run on the fuel. Petrol and diesel prices

Rubio says US will find ‘another way’ if Iran talks fail

WASHINGTON/ISLAMABAD, May 25 (Reuters) – The United States will either have a good agreement with Iran or deal with the country “another way,” Secretary of State Marco Rubio said ​on Monday, as Washington played down hopes for an imminent breakthrough in the three-month-old war. Rubio told reporters in New Delhi that the U.S. would give diplomacy every chance to succeed before ‌exploring “alternatives”, after President Donald Trump said on Sunday he had told his representatives not to rush into any Iran deal. The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war.

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