On the macro-front, India’s retail inflation eased sharply to 4.31% in September, the slowest in more than a year, from 5.05% from August, mainly on account of a sharp fall in food prices.
The Indian currency ended lower at 66.93/$. The local unit had hit a high of 66.86 and a low of 67.08 today.
The Reserve Bank of India’s (RBI) reference rate for the dollar stood at 66.84 and for the Euro stood at 73.66. The RBI’s reference rate for the Yen stood at 64.44; reference rate for the Great Britain Pound (GBP) stood at 81.3131.
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