Stock Market LIVE Updates: Sensex, Nifty firm at pre-open; RIL, HDFC Bank, ICICI Bank in focus
Market on Friday | Nifty slips below 25,000 on extended selling; Sensex sinks 502 pts Indian equity indices extended the...
archiveinr vs usd
Stock Market LIVE Updates: GIFT Nifty indicates a flat opening; US markets gain, Asia trades flat
Market on Monday | Nifty extends fall for a fourth day but holds above 25,000 Benchmark indices ended lower on...
Rupee rises over 50 paise against dollar: What’s lifting the currency today
The Indian rupee opened stronger at 85.05 per US dollar on Monday (May 26), extending gains from Friday (May 23) amid broad weakness in the dollar and firm domestic equities.The currency began the session at 85.02 and briefly touched 84.85 in early trade, supported by the dollar’s slide and a rally in Asian currencies, especially the Chinese yuan which hit a seven-month high.What’s driving the rupee? The dollar index slipped 0.34% to 98.67, weighed down by global fiscal concerns and softer US trade rhetoric.Asian currencies gained across the board. The...
INR vs USD: Rupee at 87? Experts predict fall in domestic currency on India-Pakistan conflict
The Indian rupee extended its fall on Friday, declining by 30 paise against the US dollar, as intensifying geopolitical tensions between India and Pakistan sparked risk-off sentiment in the market. Increased demand for the US dollar also dented investor sentiments.Rupee depreciated 30 paise to open at 85.88 against the greenback on Friday. The local currency saw its steepest single-day fall in more than two-and-a-half years in the previous session and settled 81 paise lower at 85.58 against the US dollar on.The India-Pakistan conflict, stronger dollar, rise in crude oil prices...