View Full Image Wall Street (REUTERS) U.S. stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years. Tesla’s stock fell more thanRead More →
UBS believes India offers the best structural growth story among other large economies and combined with political stability and supportive government policies, India remains in a favorable position and is most preferred in its Asia ex-Japan asset class preferences among equities. The Nifty 50 index has risen 3.5% year-to-date (YTD)Read More →
Before Market Opens: Indian markets are likely to open on a positive note on Thursday following a surge in Asian peers as Japan’s Nikkei hit a record high in early deals. Meanwhile, Wall Street also ended higher in overnight deals adding to the positive sentiment. Gift Nifty was trading 55Read More →
Before Market Opens: Indian markets are likely to open on a flat note on Wednesday amid a lack of any major cues after Wall Street ended lower in overnight deals. Gift Nifty was trading 34 points lower, indicating a negative start for the benchmark Nifty. Let’s take a look atRead More →
Mint explains the reasons behind the rupee’s slide in the recent past and gives a peek into the futureRead More →
The Indian rupee appreciated by 9 paise to trade around 83.19 against the US dollar in early trade on Thursday amid weak American currency overseas after the US Federal Reserve was a bit dovish in its policy meeting. The local currency opened 7 paise higher at 83.21 a dollar asRead More →
The rupee depreciated 2 paise against the US dollar in the morning session on Wednesday, tracking a strong American currency overseas and muted trend in domestic equities. The local currency opened 2 paise lower at 83.27 a dollar as compared to previous close of 82.25. The dollar index, which gaugesRead More →
The Indian rupee traded flat against the US dollar in early trade on Tuesday as elevated crude oil prices and a strong American currency overseas weighed, while the positive trend in the domestic equities supported the local unit. Rupee opened flat at 83.25 a dollar. The dollar index, which gaugesRead More →
The Indian rupee traded flat against the US dollar on Friday as the Reserve Bank of India (RBI) likely stepped in to prevent the local unit from sliding towards its lifetime low. The rupee was trading around 83.23, barely changed from its close at 83.2425 in the previous session. TheRead More →
Currency derivative volumes on the National Stock Exchange (NSE) rose to a record high in the first half of the current financial year as a volatile rupee increased trader interest. The average daily turnover of currency futures and options contracts traded on India’s largest exchange hit ₹1.59 trillion, up 22.3%Read More →
