The rupee pared initial gains and settled for the day in the negative territory, down 11 paise at 91.79 (provisional) against the US dollar, as the support from the retreating dollar index was negated by sustained foreign fund outflows. Forex traders said the rupee opened higher as the US dollar index softened and a long-awaited…
The rupee depreciated 7 paise to close at a record low of 90.97 (provisional) against the US dollar on Tuesday, as strong dollar demand from metal importers and persistent foreign fund outflows dented investor sentiment. Forex traders said rising geopolitical uncertainties, including renewed US expansionary signals, have increased risk aversion and kept emerging market currencies…
Mumbai (Maharashtra) [India]December 26 (ANI): The domestic benchmark equity indices opened lower on Friday, signaling the absence of a traditional Santa rally in the Indian markets amid weak momentum and continued foreign fund outflows. The Nifty 50 index opened at 26,121.25, slipping marginally by 20.85 points or 0.08 per cent, while the BSE Sensex began…
