The Indian rupee plunged 39 paise to close at an all-time low of 87.46 (provisional) against the US dollar on Wednesday, as global trade war concerns fuelled risk aversion among investors. Domestic ...
Taking a breather after recent rally, stock markets closed lower on Wednesday as investors turned cautious ahead of the RBI’s monetary policy decision later this week and trade war concerns. The ...
India's Sensex closed lower on Wednesday as investors turned cautious ahead of the RBI's monetary policy decision and trade ...
On the rate action front, Chandak said that the central bank's next monetary policy is likely to announce a 25-basis-point ...
In currency markets, the Indian rupee hit a fresh low of 87.5 against the dollar, as expectations of a rate cut grew ahead of ...
The rupee has slipped to a fresh low versus the dollar, with ongoing weakness evidence of the RBI’s more hands-off approach to FX management under new Governor Sanjay Malhotra. Similarly, 1-month ...
Rupee hits all-time low against dollar amid global trade war concerns, RBI rate cut expectations, and weak services sector.
As per provisional closing, the S&P BSE Sensex, tumbled 312.53 points or 0.40% to 78,271.28. The Nifty 50 index fell 42.95 points or 0.18% to 23,696.30.
The RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the Covid pandemic and subsequent lockdown.
Among consumer stocks, Asian Paints Ltd and Titan Co Ltd tumbled over 3 percent each after both companies reported earnings that fell short of analysts’ estimates. Nestlé India Ltd and Hindustan ...