By Amit Pabari Amid the rise in global risk aversion, the Rupee experienced a wild swing from Rs 81.70 to Rs 82.70 within weeks’ time due to the increase. Well, sudden depreciation in the local currency would have kept markets wondering if it is temporary or not. Well before that, let’s understand what led to […]
Day: August 28, 2023
Global Markets: Stocks pick up, oil steadies in cautious marketsGlobal Markets: Stocks pick up, oil steadies in cautious markets
Markets showed signs of a slight recovery in sentiment on Monday, as European stock indexes edged up and oil prices steadied, but traders were still cautiously watching for any signs of escalation in the Israel-Hamas war. Israel’s Prime Minister Benjamin Netanyahu vowed on Sunday to “demolish Hamas” as his troops prepared to move into the […]