The rupee settled at 79.99 per dollar on Wednesday - a fresh closing low for the Indian unit versus the greenback
Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday
Analysts at the brokerage expect the company to deliver a 17 per cent dollar revenue growth annually between FY22-24
The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%
Nifty has not gained for more than three weeks in a row since mid-January 2022
The bulk of the earnings reduction over the past two months for the Nifty-50 index, according to KIE, has come from the government's decision to levy new taxes
Dealers say magnitude of RBI interventions slowed down over past couple of days
Indian currency closes at 78.97 to the greenback after hitting all-tine low of 78.98 intraday
Among sectors, the largest decline was seen in metal & information technology (IT) stocks, while relative outperformance was seen in auto counters
ADTV for cash segment lowest since Feb 2020; retail participation hit, say analysts
Settles at 78.0825 to the dollar as against 77.9800 at 3:30 p.m. on Monday. The previous record closing low for the domestic currency was 78.0700 on June 17
If one considers net profit after excluding financials, then growth falls to 19.1 per cent, lower than the 21.3 per cent in December
In the previous trade, the precious metal had settled at Rs 51,491 per 10 grams
The IT index is up more than 40 per cent over the past year, supported by earnings upgrade
In an interview with Ashley Coutinho, he says the Indian markets have been trading at a premium to other emerging markets and will continue to command higher valuations.
Systematic investment plans (SIPs) are a great tool to build long-term wealth and investors should stick to them, says Vakil.
Accelerated funding activity is expected to create over 100 unicorns in India during 2022.
Latest data shows rising concentration of clientele among top ten players
It would be advisable to trade longs with trailing stop loss. Support for the index is seen at 15,800.
According to the report, the ongoing results season is behaving largely on expected lines as far as topline growth is concerned