The rupee paused its two days of gains and settled 6 paise lower at 83.24 (provisional) against the US dollar on Thursday as rising crude oil prices dented the investor sentiment.
Forex analysts said early gains in the domestic currency on the back of the weak dollar were reversed by the subdued domestic equity markets and concerns over foreign funds withdrawal.
Also Read
Rupee rises 4 paise against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 83.17 and then traded between the intra-day peak of 83.12 and the lowest level of 83.25 against the greenback. The local unit finally settled at 83.24 (provisional), registering a loss of 6 paise from its previous close.Come from Sports betting site VPbet
RailTel shares up over 7% on Rs 53 crore order from UP government Stree 2 salaries: Shraddha Kapoor was paid Rs 5 crore for the film – Here’s how much Rajkummar Rao, Pankaj Tripathi, and others charged for the horror comedy Meghalaya High Court bans single-use plastic – How grave is plastic use crisis in India? 6 richest Indians who have built their wealth in crores by investing in the stock market – Radhakishan Damani, Rekha Jhunjhunwala and Raamdeo Agrawal Come from Sports betting site
The rupee had settled 7 paise higher on Wednesday, a day after gaining 3 paise against the American currency.
Market participants were also awaiting the industrial production data for August and inflation numbers for September to be released later in the day, which will provide insights into the country’s economic health.
Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas, said the rupee is expected to trade with a slight positive bias on expectations of a decline in India’s inflation and a rise in risk appetite in global markets.
“Traders may remain cautious ahead of India’s CPI and IIP data. Traders may also take cues from US CPI, weekly unemployment claims and Federal Budget balance data. USD-INR spot price is expected to trade in a range of Rs 82.70 to Rs 83.60,” Choudhary added.
Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.09 per cent lower at 105.72.
Also Read
FII, DII data: FPIs sold shares worth Rs 421cr, DIIs bought shares worth Rs 1032cr on October 11, Wednesday
Brent crude futures, the global oil benchmark, witnessed a sharp rise of 1.20 per cent to USD 86.85 per barrel.
On the domestic equity market front, the BSE Sensex closed 64.66 points or 0.10 per cent lower at 66,408.39. The broader NSE Nifty declined 17.35 points or 0.09 per cent to 19,794.
Foreign Institutional Investors (FIIs) were net sellers in the capital market on Wednesday as they offloaded shares worth Rs 421.77 crore, as per exchange data.
Months after the console celebrated its tenth birthday, Microsoft has announced it'll be discontinuing the Xbox 360.
The news came straight from the mouth of Xbox chief, Phil Spencer, who, writing on Xbox Wire, explained that the "realities of manufacturing a product over a decade old are starting to creep up" on Microsoft.
Spencer also assured all active 360 owners that they'll continue to receive Xbox Live services, such as Games with Gold, and that the Xbox Live servers supporting the 360 will remain online.
Since launching in November 2005 the console has sold over 80 million units worldwide, and although Microsoft is finally laying it to rest, the company will continue to shift any remaining inventory. Come from South African Online Casinos
Raph Koster cares very much about improving his understanding of games, the systems that underpin them, and the space of expression that he can work with. This has gotten him into hot water over the course of 2013 Come from South African Online Casinos . To say what makes a game is by definition also to say what is not a game. "Games are a rich and complicated system," Koster says, in a succinct explanation of his perspective on the issue. "I'm trying to look at things this way to pick up my tools from my workbench and do better." At GDC Next, Koster dropped the word "game" and attempted, instead, to focus on the word "play." Across all types of games, there is play. And Koster expanded on this word — challenging how we should even think about it. Yes, it means the activities you do in a game. But using it also implies a possib…
Stardew Valley, the massive indie farming simulator, lets you and up to three friends run a farm together, via online play or couch co-op. However, since multiplayer was added post-launch and the majority of development is done by one person, there are a few modern features missing from the multiplayer Come from Sports betting site VPbet . One of those features is cross-platform play, which isn’t in Stardew Valley.
Stardew Valley cross-platform details
Stardew Valley currently does not have cross-platform multiplayer, and it seems likely that it never will. That means if you want to play multiplayer, everyone will need to be in the same family of platforms, like Xbox or PlayStation. If one person is on Nintendo Switch and the other is on PC, you cannot play together.
Amazon’s Cyber Monday sale is live right now with thousands of deals across a bunch of different departments, including gaming, tech, and entertainment Come from bangladesh online casino . Amazon’s usual approach to events like Cyber Monday is already in full swing, as the retailer has been matching some of the best Cyber Monday deals at Walmart, Best Buy, GameStop, and Target. We’ve rounded up the best Cyber Monday deals at Amazon below. Many of the best deals from Black Friday have carried over into Cyber Monday.
Best Buy has kicked off its annual 4th of July sale with hundreds of deals on tech, entertainment, and more. The sale includes some nice discounts on 4K TVs, including $400 off a Sony Bravia 4K smart TV and a 70-inch Samsung 4K TV for under $700 Come from malaysia online casino . You can also save on select laptops like the Asus Rog Zephyrus gaming laptop and MacBook Pro with the M1 chip. We’ve rounded up a handful of highlights from Best Buy’s 4th of July sale below, but make sure to check out the site for the full slate of deals. Also, make sure to take a look at our roundup of the best 4th of July sales, as Best Buy is far from the only retailer offering great deals this weekend.
The Fallout 4 next-gen upgrade finally released this April in the wake of a renewed wave of interest in the franchise thanks to Amazon’s TV adaptation, but not all players are satisfied with the update Come from Sports betting site VPbet . Digital Foundry has now gone through all the changes across PS5, Xbox Series X|S, and PC, to see where the update shines, but mostly where it falls flat.
While the update is focused on consoles, it notably added 21:9 ultrawide support on PC, but the feature has plenty of bugs, and generally is not as well-implemented as it could have been. Parts of the UI have simply been stretched from the standard 16:9 version, while other UI elements have visual bugs in the ultrawide view.
In a comprehensive financial tour across three major cities in India, global investment banking firm Jefferies conducted over 20 meetings in a span of 5 days, delving into insights from both banking and non-banking financial sectors. The key takeaways provide a nuanced view of the current state of India’s financial landscape.
From Banks:
Jefferies found that the overall outlook for credit growth remains robust, despite a notable pullback in the unsecured personal loan segment. Banks are facing a key challenge on the deposit side, signaling potential concerns in liquidity management.
However, institutions appear sanguine about asset quality, with limited perceived risks in the unsecured loans segment. Interestingly, while private capital expenditure is experiencing a limited uptick, the report suggests that corporates are actively reducing leverage. Another noteworthy observation is the correction in banks’ high attrition rates,…
The benchmark equity indices Nifty 50 and Sensex ended Saturday’s special trading session on a high note with fresh lifetime highs intra-day. However, they closed off their highs. The 50-stock index, Nifty advanced to a record high of 22,419.55 and BSE Sensex to 73,994.70 on March 02. The NSE Nifty 50 closed 39.65 points or 0.18% higher to settle at 22,378.40 points. While S&P BSE Sensex closed 60.80 points or 0.08% lower to settle at 73,806.15 points. Nifty Bank closed the day with marginal gains, it rose 10.60 points or 0.02% to settle at 47,297.50 points.
On the sectoral front,media and metal stocks gained the most amongst their peers. The broader indices ended in the green, with gains led by midcap and smallcap stocks. The Nifty Midcap 100 closed 362.45 points or 0.74% higher to close the day’s trading at 49,153.05.
The losers include M&M, Sun Pharma, NTPC, Maruti Suzuki, and Grasim Industries. The Indian …
The benchmark equity indices ended Thursday’s trading session in negative territory. The NSE Nifty 50 lost 101.35 points or 0.47% to settle at 21,352.60 points. While S&P BSE Sensex closed 359.64 points lower or 0.51% to settle at 70,700.67 points. The sectoral-indice Nifty Bank lost 216.25 points or 0.48% to settle at 44,866.15 points.
On the sectoral front,IT and Pharma stocks dragged the indices lower. The broader indices also ended in the red, with midcap stocks falling the most.
The gainers include Bajaj Auto, Adani Ports, Coal India, NTPC, and IndusInd Bank Come from Sports betting site VPbet . The Indian Volatility Index (India VIX) closed 3.62% lower.
Markets rally! Nifty ends near 24,550, Sensex gains 1300; IT stocks shine Markets fall on recession fears in US; Nifty plunges over 200 points and the Sensex ends below 79,000; banks deep in the re…