Sensex Jumps Over 2,000 Points After India-US Deal; Rupee Logs Best Day Since 2018

Sensex Jumps Over 2,000 Points After India-US Deal; Rupee Logs Best Day Since 2018

Indian equity markets closed sharply higher on Tuesday, extending a powerful rally as investors welcomed the finalisation of the long-awaited India–US trade deal, which is expected to improve trade prospects and revive foreign investor interest. Benchmark indices posted broad-based gains through the session. The Sensex rose 2,072.67 points, or 2.54 per cent, to end at […]

Breaking: Indian Rupee hits 81 per US dollar

Breaking: Indian Rupee hits 81 per US dollar

Though expected a little later, Indian rupee has plunged to its lowest today touching Rs.81 per US dollar, amid gloomy prospects of markets around the world in view of a steep rise in interest rates by the US Federal reserve by 0.75 percentage points, vowing to further hike in the future. On Thursday, experts expected […]