The depreciation of the Indian rupee is more on account of the appreciation of US dollar rather than weakness in macroeconomic fundamentals of the Indian economy.
Mumbai: Caution ahead of the third RBI monetary policy review along with disappointing quarterly results pulled the key indices of the Indian equity market lower during the late-morning trade session on Tuesday. The Reserve Bank of India is slated to announce its third bi-monthly monetary policy review statement on August 1. Besides the review, investors […]
Mumbai: After a day of record highs, the Indian equity markets opened on a flat note during the early morning trade session on Wednesday. The wider 51-scrip Nifty of the National Stock Exchange (NSE), which opened above the the 9,500-mark, traded at 9,494.95 points (around 9.20 a.m.) — down 17.70 points or 0.19 per cent. […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 39,592.08 points on Wednesday, opened higher at 39,633.97 points. Minutes into trading, it was quoting at 39,660.66 points, up by 68.58 points, or 0.17 per cent. At […]
Mumbai: In a bid to provide further relief to market participants amid the coronavirus crisis, securities market regulator SEBI has reduced broker turnover fees and filing fees on offer documents for public issue, rights issue and buyback of shares by 50 per cent. “In its continuing efforts to help market participants to tide over challenges […]
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