Scribd Logo
Upload

Welcome to Scribd!

  • Intra 230811

    Uploaded by

    vikas.dhanesha7256
    16 views1 page
    The Indian stock market regained losses in the afternoon due to positive trends in most Asian markets and better than expected manufacturing data from China. Technology and telecom stocks increased over 2% each, while consumer goods and public sector stocks declined modestly. The rupee also recovered from early losses against the dollar as risk appetite improved globally and the Indian stock market recorded robust gains in the afternoon.

    Original Description:

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The Indian stock market regained losses in the afternoon due to positive trends in most Asian markets and better than expected manufacturing data from China. Technology and telecom stocks increased over 2% each, while consumer goods and public sector stocks declined modestly. The rupee also recovered from early losses against the dollar as risk appetite improved globally and the Indian stock market recorded robust gains in the afternoon.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    16 views1 page

    Intra 230811

    Uploaded by

    vikas.dhanesha7256
    The Indian stock market regained losses in the afternoon due to positive trends in most Asian markets and better than expected manufacturing data from China. Technology and telecom stocks increased over 2% each, while consumer goods and public sector stocks declined modestly. The rupee also recovered from early losses against the dollar as risk appetite improved globally and the Indian stock market recorded robust gains in the afternoon.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Intra 230811 Stocks regain losses; follow global leads Benchmark indices regained mid-morning losses and extended

    its upside in post-noon backed buying across index heavyweights. Sentiment was boosted by positive trend across most Asian indices amid better than expected manufacturing data from China. Technology and telecom gained more than 2% each whereas consumer goods and PSUs recorded modest declines. European indices started off with robust gains. Rupee erases early losses The rupee was off lows near its previous close on the back improved appetite of riskier assets across the globe. Dollar slipped against majors and Asian peers while stock market recorded robust gains post-noon. Traders cited dollar liquidation by exporters. RBI reference rate was set at 45.69. Forward premia were steady with a positive bias.

    You might also like