Rupee opens marginally higher, may depreciate on strong US dollar, risk aversion in global markets

Indian Rupee opened marginally higher at 82.75 per dollar on Monday against the previous close of 82.86. The local unit is expected to depreciate on the back of a strong dollar and pessimistic global market sentiments amid aggressive monetary tightening policy of major central banks weighing on economic growth. Meanwhile, softening of crude oil prices […]

Sensex tanks 600 pts, Nifty slips below 17,750 in early trade on Friday, Jan 27; Tata Motors rises 8%, Adani group stocks fall upto 18%

Domestic indices opened Friday’s session in deep red. The Nifty slipped below 17,800 and the Sensex below 59,800. The Nifty 50 fell 120.80 pts or 0.68% to 17,771.15 and Sensex dropped 451.72 pts or 0.75% to 59,753.34. The top gainers of Sensex were Tata Motors (up 6.81%), ITC (up 2.16%), Mahindra & Mahindra (up 1.58%), […]

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