By Shrikant Chouhan Benchmark indices BSE Sensex and Nifty 50 recorded volatile price action on Monday. Even though Nifty 50 / BSE Sensex opened below the psychological level of 17000/56500, they closed at 17069/56975, which is positive for the short term trend of the market. Fresh buying was seen in HDFC Bank and Housing Development […]
The rupee rose by 9 paise to close at 81.50 (provisional) against the US currency in a restricted trade on Monday, supported by a weak greenback in the overseas markets and a decline in crude oil prices. At the interbank foreign exchange market, the local unit opened lower at 81.69 and touched a low of […]
By Rajesh Bhayani Sovereign gold bonds (SGBs) seem to have lost their lustre, at least in the short term, as the demand has shrunk to a three-year low. Three SGB issues so far in FY23 garnered only 8.73 tonne. The Reserve Bank of India (RBI) will launch the last tranche of this fiscal’s SGBs in […]
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