The Indian rupee opened lowers lower at 81.62 per dollar on Thursday against the previous close of 81.57. Rupee is likely to appreciate on Thursday amid weakness in the US dollar, rising risk in equity markets, and a decline in crude oil prices. The local unit is expected to gain strength on expectations of improved […]
By Rahul Sharma Markets and the economy have come a long way from where we were last year. Uncertainty and doubt have been replaced by optimism and positivity. Good quarterly earnings, decent monsoon, India’s vaccination drive, festival demand, consumer spending picking up and low-interest rates all have ensured that Nifty has stayed right on top […]