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Currencies

Currency watch: Rupee closes flat at 85.52 vs dollar, equities crash and oil spike limit gains

The rupee ended nearly unchanged against the US dollar on Thursday, rising just 1 paisa to settle at 85.52, as weakness in the greenback against major currencies offset pressure from a sharp decline in domestic equities and a rise in crude oil prices.At the interbank foreign exchange market, the rupee opened at 85.43 and moved within a narrow range of 85.43 to 85.65 before closing at 85.52, compared to its previous close of 85.53 on Wednesday, reported PTI.Traders said the local unit found some support from global cues after the...
Currencies

LIVE: Markets flat, Nifty below 24,300 and Sensex falls 180 points; India VIX up 4% – Market News

Sensex Nifty Today | Stock Market Live Updates: The Indian benchmark indices, Sensex and Nifty, opened on a flat note today, with both trading in the red. The Nifty is hovering near 24,250, while the Sensex is around the 80,000 mark. Select Asian markets, however, have started on a strong note. Nikkei is up over  1% after  US stock markets extended gains for the second day. This is after Donald  Trump announced that he had “no intention” of removing Fed Chair Jerome Powell before his term. The US indices closed the...