The rupee appreciated 8 paise to 82.93 against the US dollar in early trade on Thursday, following positive domestic action. Forex traders said the rupee was seeing limited movements against the dollar as support from positive domestic equities was negated by high crude oil prices and a strong US dollar. According to interbank exchange rates, …
Indian rupee rises 8 paise to 82.93 against US dollar Read More »
National indexes fell for a fourth straight week on August 18 amid growing concerns about food inflation and weak global signals, particularly from US markets. Analysts point out that rising US bond yields continue to wreak havoc in global currency markets, fueling a sell-off in equity markets. The relatively weak macroeconomic scenario – domestic inflation …
Mid-day Mood | Nifty slides below 19,300 on food inflation worries, weak global cues Read More »
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