Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve

Stock market today: Rupee gains, bond yields drop after dovish US Federal Reserve

The Indian rupee surged against the US dollar while the 10-year government bond yields dropped on Thursday after a dovish US Federal Reserve outcome raised hopes of more interest rate cuts next year. The rupee opened 13 paise higher at 83.27 a dollar as compared to previous close of 83.40. The 7.18%, 2033 10-year G-Sec … Read more

Indian rupee hovers close to year low against US dollar as the Fed keeps interest rates unchanged – Market News

Indian rupee hovers close to year low against US dollar as the Fed keeps interest rates unchanged – Market News

The Indian Rupee is hovering close to the lows for the year. The rupee started Thursday’s session at 83.282, marking a slight decrease of 0.08 compared to its previous closing rate of 83.35. Presently, the US Dollar/Indian Rupee FX Spot Rate stands at 83.2725, experiencing a marginal decline of 0.093%. Concurrently, the US Dollar Index … Read more

Share Market Highlights 24 November 2023: Indices trade flat, Nifty settles below 19,800

Share Market Highlights 24 November 2023: Indices trade flat, Nifty settles below 19,800

Lupin: The pharma major has received approval from the U.S. FDA for Bromfenac Ophthalmic Solution, 0.07%, and tentative approval from the U.S. FDA for Canagliflozin Tablets. LTIMindtree: The global technology consulting and digital solutions company, launched the Quantum-Safe Virtual Private Network (VPN) link in London in collaboration with Quantum Xchange and Fortinet. Indian Railway Catering … Read more