During the day’s trading, three large foreign banks were seen selling dollars and the exercise, dealers said, was linked to the proposed capital infusion into a private bank. Yes Bank has said it will raise about $1.1 billion from global private equity funds Carlyle Group and Advent.
India equity surge brightens outlook for exchanges, brokerages
India’s equity market is witnessing a vibrant revival, boosting earnings prospects for brokerages and exchanges. A surge in trading activity, spurred by favorable market dynamics