At the interbank foreign exchange market, the rupee opened at 82.87, witnessing a high of 82.82 and a low of 82.94 against the dollar
Posts tagged BL
Rupee falls 19 paise to 82.94 against US dollar (27-02-2023)
Weak domestic equities amid strong dollar overseas and crude price weigh on the rupee
Crude oil declines as market awaits Chinese PMI data (27-02-2023)
January PMI data showed Chinese recovery, Wednesday’s figures will provide further insights
Steel prices up ₹500/tonne on high raw material cost (27-02-2023)
However, the spot spread continues to languish at an eleven-month low level
‘Commodities are unique among asset class, provide hedge against inflation’ (26-02-2023)
Credit Suisse Research Institute’s ‘Global Investments Year Book 2023’ says, commodities have had a low correlation with equities and are effective diversifiers
Nine of top 10 firms lose ₹1.87-lakh cr in market valuation; HDFC Bank, RIL hit hard (26-02-2023)
Barring ITC, all 10 firms, including TCS, Infosys, ICICI Bank and Hindustan Unilever, were the laggards
Adani crisis fails to impact SMEs’ zing to tap capital markets; mainboard IPOs draw blank (25-02-2023)
19 SMEs raise ₹225 crore so far this year
Jack Ma-backed Ant Group plans to pare stake in Paytm (25-02-2023)
Ant held 24.86 per cent of One 97 as of December, but its holdings rose above 25 per cent after the repurchase reduced the number of shares outstanding
Edelweiss receives shareholders’ nod for demerger of wealth management business (25-02-2023)
Nod to pave way for listing of Nuvama Wealth Management in bourses