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Epic Update : RBI

Epic Update : RBI

Discuss Epic Update : RBI within the Stock Markets Tips & Gyan !! forums, part of the Quiz , Marketplace and Community games category; Indian equities pared losses in the last couple of hours of trade as both the BSE Sensex and NSE Niftyclosed ...

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Epic Update : RBI
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Epic Update : RBI - June 23rd, 2012

Indian equities pared losses in the last couple of hours of trade as both the BSE Sensex and NSE Niftyclosed marginally lower as compared to more than a 1% fall since early trade on Friday. In comparison to its global peers, the Indian market outperformed, may be due to a steep fall in crude oil prices. However, rupee woes ceased to disappear. The Indian currency breached the psychologically important 57 per dollar mark and touched a new lifetime low of 57.22 per dollar.
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