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Rupee falls to fresh low! Currency continues downward streak; reaches 90.83 against US dollar

Rupee falls to fresh low! Currency continues downward streak; reaches 90.83 against US dollar

Rupee extended its downward rally on Tuesday, slipping to a record low of 90.83 against the US dollar. The currency began trading on a weak note, opening 0.1% lower at 90.79 against Monday’s close of 90.73, as continued foreign fund outflows and trade-related uncertainty weighed on the domestic currency.The muted opening follows a sharp sell-off in the previous session, when the rupee slid to an...

Sensex surges 500 points, Nifty nears 19,800 on global cues; here’s all you need to know

Sensex surges 500 points, Nifty nears 19,800 on global cues; here’s all you need to know

Indian equity indices continued their upward trajectory for the second consecutive day, mirroring global market trends. Easing concerns about US interest rates, driven by dovish statements from key Federal Reserve officials, and stable oil prices, contributed to this positive momentum. Buying activity spanned across all sectors, according to an ET report.The BSE Sensex surged by 500 points, reaching...