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Tag: indian equties

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The rupee rises 6 paise and closed at 82.74 against the US dollar.

guna@fastura.com2 years ago02 mins

In response to a weakening US dollar on international markets on Wednesday, the rupee gained 6 paise to settle at 82.74 (provisional). Analysts claim that while rises in crude oil prices restrained the rupee’s upward potential, FII inflows into the capital market and robust equity markets supported the local currency. In the face of overnight…

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  • Indian Market

Indian equities overlook the Fed rate increase

Meena@fastura.com3 years ago04 mins

The global weakness, India’s equity market managed to ignore the US Fed’s aggressive 75 basis point rate hike and finished with a small loss. However, Government Securities (G­Secs) took a hit, and the rupee ended the day with less value. According to analysts, the market’s stability was due to significant purchasing by foreign portfolio investors…

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