INSUBCONTINENT EXCLUSIVE:
On Monday, rupee tumbled 50 paise to close at 71.32 against the US dollar.The rupee staged a late rebound after plunging 110 paise in early
trade Tuesday but still ended 53 paise lower at 71.85 against the US dollar following RBI Governor Urjit Patel's shock exit coupled with the
elections unnerved forex traders initially but a fag-end rebound in domestic equities and dollar selling by some state-owned banks helped in
Exchange (forex) market at 72.42, the rupee clawed back to 71.67 during the day and finally settled at 71.85, down 53 paise over its
resignation and the already-cautious mood in the markets following yesterday's exit polls, to be followed by today's actual count for the
state elections, will dampen sentiments
INR is likely to weaken past 72/USD as NDFs suggest, with Monday's equity sell-off to seek further downside," Radhika Rao, Economist at DBS
The 30-share Sensex climbed 190.29 points, or 0.54 per cent, to end at 35,150.01, after falling over 500 points intra-day
in Europe and the US have had strong criticisms and inputs into their central bank policy
India is no different in that regard, and a push pull between government and central bank is to par for the course
From an investment perspective, there's been much selling already this year," Sunil Sharma, Chief Investment Officer, Sanctum Wealth
assembly constituency in Madhya Pradesh, Rajasthan, Mizoram, Chhattisgarh, Telangana, like us on Facebook or follow us on Twitter for
