The Indian rupee hit a new low of 84.86 per US dollar on Monday, driven by a high trade deficit and rising US bond yields. RBI’s intervention helped cap the decline.
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.
Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty and
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