Rupee recovers 8 paise to close at 79.91 against US dollar     

The rupee recovered 8 paise to settle at 79.91 (provisional) against the US currency on Friday, tracking heavy buying in domestic equities and weakness in the greenback overseas. Besides, fresh foreign capital inflows also supported the local unit, forex dealers said. At the interbank foreign exchange market, the local…

Domestic shares end higher as IT stocks, banks gain

Indian shares closed higher on Monday on the back of gains in information technology and financial stocks, while automaker Mahindra & Mahindra firmed following an upbeat earnings report last week The blue-chip NSE Nifty 50 index ended up 0.12% at 16,258.25 and the benchmark S&P BSE Sensex was 0.23% higher to…