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Markets rally in early trade tracking sharp gains in global peers, buying in bank stocks

Mumbai, Mar 17 (PTI) Stock market benchmark indices Sensex and Nifty bounced back on Monday morning trade, mirroring a sharp rally in global peers along with buying in IndusInd Bank and other financial majors. The 30-share BSE benchmark Sensex climbed 363.67 points to 74,192.58 in early trade, snapping its five days of losses. The NSE Nifty went up by 115.3 points to 22,512.50. From the Sensex pack, IndusInd Bank jumped nearly 5 per cent after the Reserve Bank on Saturday assured customers that the firm remains ‘well-capitalised’, even as it directed the bank’s board to complete remedial action relating to

Rupee rises 25 paise to 86.80 against US dollar in early trade

Mumbai, Mar 17 (PTI) The rupee appreciated 25 paise to 86.80 against the US dollar in early trade on Monday, as domestic equities opened on a higher note and Asian currencies continued to remain on the stronger side. Forex traders said the rupee could extend its gains in the near-term, as the dovish Fed expectation has pressured the greenback, further aiding the rupee’s recovery. However, global risk sentiment and oil price movements will play a crucial role in determining the next leg of the rupee’s trajectory. At the interbank foreign exchange, the rupee opened at 86.90 against the greenback, then

Gold edges higher as geopolitical and economic concerns linger

March 17 (Reuters) – Gold firmed on Monday after touching a historic milestone last week, as geopolitical tensions, jitters about tariffs escalating trade frictions, and increased hopes of interest rate cuts from the U.S. Federal Reserve continued to fuel safe haven demand. Spot gold rose 0.1% to $2,986.53 an ounce, as of 0307 GMT. Bullion rose above the $3,000/oz milestone to notch a record high at $3,004.86 on Friday. U.S. gold futures eased 0.2% to $2,994.60. “The recent rally in gold has been driven by stagflationary fears,” said Kelvin Wong, senior market analyst, Asia Pacific, at OANDA, adding that short-term

How much sleep does one require? Is it depend on age?

Chances are, if you’re reading this, you got some sleep last night. But are you feeling rested? Experts say it’s an important question to consider. Most of us spend a third of our lives sleeping, but you may need more or less than eight hours a night. The number of hours needed changes throughout your life, with babies and kids needing more sleep and people 65 and older able to function on slightly less than seven to nine hours. Here’s what sleep scientists and doctors say about how much you really need — and whether your gender plays a role.

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