🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Inflows, culling of shorts lift rupee to longest winning streak in over one year

VCCircle

VCCircle · 5m ago

Inflows, culling of shorts lift rupee to longest winning streak in over one year

The Indian rupee experienced its longest winning streak since January 2024, rising for the seventh consecutive session against the US dollar. This strength was supported by persistent dollar sales from foreign banks and the reduction of short positions on the rupee. A weaker dollar and short covering of Asian currencies, particularly the Chinese yuan, bolstered the rupee, which reached a near two-month high. The Federal Reserve's interest rate outlook and economic forecasts also influenced market dynamics.

1

Related News

Sensex, Nifty log longest weekly winning run in 2025 on US trade deal hopes, foreign inflows

VCCircle

VCCircle · 3m ago

Sensex, Nifty log longest weekly winning run in 2025 on US trade deal hopes, foreign inflows

Indian stock benchmarks Sensex and Nifty logged their longest weekly winning streak of 2025, driven by optimism over a potential India-U.S. trade deal and consistent foreign inflows. The Nifty 50 closed slightly higher, while the BSE Sensex gained 0.32%. Boosted by Reliance Industries, both indices saw their third consecutive weekly gain. Positive market sentiment was further reinforced by steady foreign investments and strong earnings reports from major companies.

Reliance boosts Sensex and Nifty to record highs

VCCircle

VCCircle · 12m ago

Reliance boosts Sensex and Nifty to record highs

In India, the equity benchmarks Sensex and Nifty reached record highs, driven by Reliance Industries' plans to increase AI adoption and issue bonus shares. The Nifty 50 has experienced its longest winning streak since October 2007, rising for 11 consecutive sessions. Indian markets have been performing well globally due to strong domestic inflows, a robust economy, and positive earnings outlook. While sectors like financial services and IT saw gains, small- and mid-cap stocks underperformed. Investors are advised to be cautious with valuations in these segments.

Stock market: 5 reasons why Sensex, Nifty are on a winning spree

Business Today

Business Today · 5m ago

Stock market: 5 reasons why Sensex, Nifty are on a winning spree

The Sensex and Nifty benchmarks continued their winning streak for the fourth consecutive session, each climbing over 1% on Thursday.

Sensex, Nifty record longest losing streak this year so far

VCCircle

VCCircle · 10m ago

Sensex, Nifty record longest losing streak this year so far

- Sensex and Nifty experienced their longest losing streak of the year, for six consecutive sessions. - The decline was attributed to concerns over corporate earnings and the escalation of the conflict in the Middle East. - Nifty 50 and S&P BSE Sensex both recorded losses, with Nifty losing 0.87% and Sensex shedding 0.78%. - The recent pullback resulted in a 5.6% loss for Nifty and a 5.2% loss for Sensex since hitting record high levels on Sept. 27. - The volatility index reached a one-month high of 15.08. - IT stocks were the only major sector where gains were made, with the IT index advancing 0.7%.

Nvidia’s historic rally extends to a record-setting 10th straight week

Economic Times

Economic Times · 1y ago

Nvidia’s historic rally extends to a record-setting 10th straight week

Nvidia's stock continues to break records with its historic rally in 2024. It rose 0.4% last week, marking its 10th consecutive positive week, the longest winning streak in its history. In contrast, the Philadelphia Stock Exchange Semiconductor Index experienced its largest one-week drop since January, falling 4% during the same period. Nvidia's stock has gained approximately 80% during the 10-week rally, driven by high demand for AI chips. The company currently holds the position of the top gainer in the Nasdaq 100 Index and boasts a market capitalization of around $2.2 trillion, making it the third-largest publicly traded stock. The upcoming GTC conference, where CEO Jensen Huang will speak, will be a crucial event for the stock.

A quarter of YouTube’s paid creators are earning money with Shorts

The Verge

The Verge · 1y ago

A quarter of YouTube’s paid creators are earning money with Shorts

YouTube has announced that more than 1 in 4 creators in its Partner Program are now earning money with YouTube Shorts. This amounts to roughly 750,000 Shorts creators out of over 3 million creators in YouTube's ad sharing program. Shorts have been growing in popularity, with the number of Shorts uploaded on YouTube growing by 50% year over year. However, Shorts still lacks the influence and user base of TikTok. YouTube believes that Shorts' connection to the wider YouTube ecosystem gives it an edge on competitors, as users can easily transition from watching Shorts to watching full-length videos or subscribing to channels.

Rupee posts largest weekly rise in more than two years on inflows

VCCircle

VCCircle · 5m ago

Rupee posts largest weekly rise in more than two years on inflows

The rupee experienced its largest weekly gain in over two years, buoyed by dollar inflows and unwinding of speculative long-dollar positions. It closed at 85.9725 against the US dollar, achieving a 10-week high at one point. Positive sentiment from domestic equities contributed, and significant flows related to the FTSE All-World Index rebalancing, expected to bring in $1.5 billion, also boosted the rupee. Meanwhile, foreign portfolio investors turned net buyers, despite general Asian currency weakness.

Sensex, Nifty snap three-week winning run on India-Pakistan conflict

VCCircle

VCCircle · 3m ago

Sensex, Nifty snap three-week winning run on India-Pakistan conflict

Indian markets took a hit as intensified India-Pakistan military tensions led to a significant loss in market value, snapping a three-week winning streak for benchmarks Sensex and Nifty. The conflict, sparked by mutual airstrikes following a terror attack in Indian-controlled Kashmir, dampened investor sentiment. The indexes ended the week down about 1.3%, with increased market volatility and pressure on the rupee. Auto stocks offered a rare positive note, spurred by Tata Motors' performance.

Apple’s reign as world’s top stock at risk from bumpy 2024 start

Economic Times

Economic Times · 1y ago

Apple’s reign as world’s top stock at risk from bumpy 2024 start

Apple Inc. is facing challenges as its stock experiences the worst start to the year, jeopardizing its status as the world's most valuable stock. The shares fell 0.4% amid reports of a looming antitrust case by the Justice Department. This marks Apple's longest losing streak since October. The potential case could challenge Apple's integrated device and service business model. The company, which held the top position since July 2022, lost about $177 billion in market value this year, the most significant market value decline at the start of any year on record.

Nifty posts longest losing run in three-decade history on global trade conflict

VCCircle

VCCircle · 5m ago

Nifty posts longest losing run in three-decade history on global trade conflict

India's Nifty 50 experienced its longest losing streak in three decades as global trade tensions escalated due to U.S. President Donald Trump’s tariffs on key trading partners. The Nifty fell 0.17%, and the BSE Sensex dropped by 0.13%. These developments are part of a 4% drop over 10 sessions and a 16% decline from a record high. Escalating trade conflicts could affect global growth and inflation, impacting market flows into emerging markets like India.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Just Months After Promotion, Open ...

Microsoft locks down a building a ...

Gaming Ban Stumps Cricket: Virat ...

Download the medial app to read full posts, comements and news.