Friday, March 13, 2020, 3:21 PM
The Indian rupee dropped to a record low on Friday, weighed down by worries over the coronavirus pandemic that has prompted investors to dump riskier assets and move towards safe havens. The dollar stood tall on Friday as investors scrambled for the world's most liquid currency amid deepening panic while the euro nursed losses after the European Central Bank disappointed by not cutting rates.
Tuesday, January 7, 2020, 8:00 AM
Indian shares fell on Monday as escalating U.S.-Iran tensions spiked crude, pulling the rupee lower and stoking fears of a higher-import bill for the worlds third biggest oil consumer. The NSE Nifty 50 index fell just over 2%, recording its worst intraday fall since Sept. 3 and hitting its lowest in nearly four weeks. The rupee was 0.3% weaker at 72.03 against the dollar.
Friday, January 11, 2019, 7:50 PM
Indian shares settled lower on Friday as disappointment over technology giant Tata Consultancy Services missing quarterly margin estimates weighed on the trading sentiment, while investors looked out for results from its rival Infosys Ltd for clarity. The benchmark Sensex closed the session 0.27 percent lower at 36,009.84, while the broader Nifty ended down 0.25 percent at 10,794.95.
Wednesday, November 14, 2018, 7:55 PM
Oil traders' worries over record supplies arriving in Asia just as the outlook for its key growth economies weakens have pulled down global crude benchmarks by a quarter since early October. Much of this oil was ordered ahead of U.S. sanctions against Iran that were imposed this month, as refiners prepared for a sudden drop in supply.
30 May 2018, Wednesday
When we talk of Derivatives the first thing that comes to mind are Options and Futures. Derivatives are nothing but financial instruments which derive ...
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