Rupee opened higher at 82.58, up 13 paise from its previous at 82.72 per dollar on Tuesday amid steadiness in value of greenback against a basket of six peers. Global crude oil benchmarks fell on Tuesday supporting the currency. The local unit is expected to appreciate today amid weakness in the dollar and optimistic global […]
Wall Street tumbled sharply overnight on Wednesday, as all three major indexes ended lower, led by selloffs in technology, consumer discretionary, industrials and financial stocks. The Dow Jones Industrial Average fell 2.06%, the S&P 500 lost 2.01% and the Nasdaq Composite dropped 2.5% as sentiments soured on S&P Global’s PMI data. Business activity in the […]
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