The Indian rupee made its biggest single-day gain since late November, closing 12 paisa up at 85.71 per dollar as the dollar index fell to a one-week low. Dollar sales by foreign banks and RBI’s control measures influenced the rupee’s movement. Key US job data is awaited for further cues.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires