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Weakening rupee may drag Nifty below 2000
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis...
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- News Source: India Abroad | 8 months agoEven as foreign institutional investors are rushing out of the Indian equity markets, there are fresh indications that their selling may accelerate in the coming weeks. During the current year, FIIs have sold shares worth Rs 10,772 crore (Rs 107.72...
- News Source: The Economic Times | 8 months agoCorrelating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the...
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