The bench mark indices ended with tiny losses after a volatile session on Monday. The Nifty ended above the 16,200 mark after hitting the days low of 16,115.50 in the morning trade. Negative global cues dampened investors sentiment. Barring the Nifty IT index, all the sectoral indices on the NSE ended higher. Metals, PSU banks and oil & gas stocks were in demand. IT stocks […]
The Indian rupee depreciated by 22 paise to slump to a new record low of 79.48 (provisional) against the US dollar on Monday, tracking a strong greenback overseas and subdued domestic equities. However, receding crude oil prices in the international market restricted the rupees loss. At the interbank forex market, the local unit opened weak at 79.30 against the greenback and witnessed an intra-day high […]
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