By Shrikant Chouhan The benchmark indices continued the range-bound activity on Tuesday. The Nifty closed at 18,599 points higher while the Sensex ended at 62,792 points. Among Sectors, Auto and Reality indices gained over 1 percent whereas the IT index corrected sharply, shedding over 1.7 percent. Technically, from the day’s lowest points the market bounced […]
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Rupee gains strength, dollar weakens as Fed takes a pause; traders eye Fed Chair’s testimonyRupee gains strength, dollar weakens as Fed takes a pause; traders eye Fed Chair’s testimony
By Gaurang Somaiya Rupee strengthened after consolidating in a narrow range for the last few weeks ahead of the important FOMC policy statement that was released earlier this week. On the domestic front, trade balance number was released and that too triggered volatility in the short term. Apart from this, inflation numbers from the US […]