IRFC shares, like RVNL, are trading up 2%. The railway financier will also release its quarterly earnings later this evening.
Shares of Railway companies rose after the Cabinet Committee on Economic Affairs approved eight new rail line projects at an estimated cost of ₹24,657 crore.
An ambivalent RBI policy with global growth uncertainty could keep the markets on tenterhooks in the coming week
The dollar was trading at 146.87 yen, up 0.2% from late U.S. prices on Friday. The euro traded at $1.0918, and the dollar index was unchanged at 103.18.
Despite the EBITDA loss, Bharat Dynamics maintained profitability for the quarter, boosted by increased interest income from a strong cash balance.
U.S. West Texas Intermediate crude prices increased 2 cents, or 0.03%, to $76.86, while Brent crude futures declined 7 cents, or 0.09%, to $79.59 a barrel.
The rates of long term capital gains tax and the short term capital gains tax on equities were increased in the budget to 12.5% and 20% respectively
The Nifty was down 143 points at 24,224, and the Sensex was down 465 points at 79,241.
Tuesday is the deadline for the U.S. producer price index (PPI), and on Wednesday is the consumer price index (CPI).
In a week when most heavyweight sectors came under pressure, it was healthcare and FMCG that stood out

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