The domestic equity benchmarks ended with modest losses on Monday, tracking weak global stocks. Investors booked profits ahead of European Central Bank (ECB) meeting on Thursday, and the release of US inflation data on Tuesday. Traders were also nervous as the Q4 result season kicked off in India. The Nifty closed below the 17,700 mark after hitting the days high of 17,779.05 in afternoon trade. […]
The rupee pared initial gains to settle almost flat at 75.94 (provisional) against the US dollar on Monday as weak domestic equities negated the impact of easing crude oil prices. At the interbank foreign exchange market, the rupee opened at 75.94 against the American dollar and oscillated between a high of 75.79 and a low of 76.09 during the session. The rupee finally settled at […]
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