Rising dollar and bond yields making it tougher for FIIs to stay put on D-Street

September 25, 2022

As the demand for the safe haven soared after the US Fed’s hawkish-than-expected stance, the US dollar index has now crossed the 113 mark, its highest level in two decades. The Indian rupee also breached the 81 mark against the greenback as a result, last week.

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Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?

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Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract

Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global hyperscaler

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