
Nifty falls for sixth session as oil and bond yields hit risk appetite
The Nifty 50 ended at 24,154.90, down 0.55%, while the Sensex fell 0.63% to 77,235.46 as elevated crude and global bond yields kept risk appetite under pressure.
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The Nifty 50 ended at 24,154.90, down 0.55%, while the Sensex fell 0.63% to 77,235.46 as elevated crude and global bond yields kept risk appetite under pressure.
The rupee ended at 95.68 per dollar, marginally weaker from 95.6025, while traders cited likely RBI intervention as a factor limiting the decline.
The combination of persistent geopolitical risk and elevated crude is a negative macro input for India because it can affect the trade balance, inflation and the ru…
The story is important for businesses because a weaker rupee can raise imported input and energy costs while helping some exporters. The RBI's FX measures have simu…
India’s foreign-exchange reserves rose to about $707 billion in the week ended August 7, a roughly $14.1 billion weekly increase, Reuters reported from RBI data.