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Rr sen forex mumbai

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The Indian equities and currency markets could witness hectic buying and mumbai this week with the US Federal Reserve likely to raise interest rates during this period, which would lead to an outflow of foreign funds from Indian markets and pull sen share prices. The impact is already seen on equities and the rupee, with the currency falling to a two-year low of Forex dealers are eyeing a to-a-dollar level for the rupee. On Friday, the Sensex fell points, or 0. This is likely to rise in the coming days as FPIs would prefer to invest in the US dollar, which would gain once interest rates are raised, signalling growth trends in the US economy.

Bottoming out of commodities and meaningful pick-up in investment cycle should lay the foundation for long-term recovery of earnings. Apart from the Rs 5,crore sell-off in December so far, foreign investors had already sold Rs 7, crore worth of shares in November.

There is similar apprehension regarding the rupee as well. Typically the central bank would sell dollars to balance any local shortfall of the American currency. Today in New DelhiIndia. Stocks, rupee brace for US Fed rate hike this week The Indian equities and currency markets could witness hectic buying and selling this week with the US Federal Reserve likely to raise interest rates during this period.

Dec 14, Ramsurya Mamidenna Hindustan Times. Muted corporate earnings during the July-September quarter also hit trading sentiment. Bankers to meet from Monday to decide on large loan defaulters. Companies mumbai late filing of returns in first two months of GST: Designed for success Manav Rachna focuses on industry-oriented management programmes.

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2 thoughts on “Rr sen forex mumbai”

  1. Aditon says:

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  2. Esevroff says:

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