Foreign institutional investors (FII) bought shares worth net Rs 722.76 crore, while domestic institutional investors (DII) added shares worth net Rs 2,406.19 crore on August 16, 2023, according to the provisional data available on the NSE. For the month till August 16, 2023, FIIs sold shares worth net Rs 9,148 crore while DIIs bought shares […]
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Rupee struggles against strong dollar, weak sentiments; dollar may retreat from 2-month highRupee struggles against strong dollar, weak sentiments; dollar may retreat from 2-month high
By Raj Deepak Singh Rupee was caught between 82.90 and 82.60 levels in the previous week on the back of strong dollar and weak global market sentiments. Dollar gained strength amid jitters over debt ceiling negotiation and as Fitch put the country on credit watch for possible downgrade. Additionally, the US Dollar gained this week […]