The Indian Rupee weakened by 8 paise against the US Dollar, closing at 88.27 on Tuesday. Weak domestic stock markets and foreign fund outflows contributed to the decline. Softening crude oil prices and a weaker US Dollar provided some support. Investors are awaiting the US Federal Reserve’s policy decision for further market direction.Read More
Indian stocks closed lower on Tuesday as profit-taking across sectors, particularly consumer and IT shares, weighed on the market. This decline was partially offset by gains in metal stocks, fueled by trade deal optimism, and public-sector banks, which saw an advance on potential FII ceiling hikes.Read More
India’s PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.Read More
Tata Capital Q2 Results: Recently listed NBFC, Tata Capital, reported a marginal 2% year-on-year (YoY) growth in its consolidated net profit at Rs 1,097 crore in the second quarter on Tuesday.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
