The rupee fell to 79.25 against the US dollar in early trade on Friday as rising global recession risks have been pushing the Indian currency to a record low. On the interbank forex market on Friday, the rupee opened 12 paise lower at 79.25 against the American currency, PTI reported. The rupee will trade near its…
Indian shares fell on Wednesday, dragged by banking and pharma stocks, with Reliance Industries and Housing Development Finance Corporation Ltd weighing on the Nifty 50 index. The blue-chip NSE Nifty 50 index slipped 0.24% to 17,956.10 and the benchmark S&P BSE Sensex fell 0.26% to 60,165.7 by 9:29 am.…
Indian shares edged down on Wednesday, dragged mostly by metal stocks as China’s pledge to bring down coal prices eased worries about supply disruptions. The NSE Nifty 50 index was down 0.5% at 18,330, while the S&P BSE Sensex fell 0.4% to 61,502.16 by 9:25 am. The Nifty metals index was the top loser among…