The rupee closed marginally stronger on Wednesday after being held in a tight range as dollar inflows into the domestic share markets were offset by demand for the greenback from importers looking to meet month-end commitments.
The benchmark Sensex on Wednesday recovered by 48 points to end at 28,386.19 on smart rise in bluechips, including ITC and HDFC, coupled with a spurt in realty shares, led by DLF, after government hiked floor area ratio in Delhi.
Chinese e-commerce giant Alibaba's founder and executive chairman Jack Ma Wednesday said he wanted to invest more in India.
Microblogging service Twitter, which has emerged as the prime internet platform for politicians, policymakers and journalists across the world to break, share and discuss news and build public opinion, is ready with new innovations that will help instant polls and easy reading of linked content.
The Reserve Bank of India on Tuesday warned of an uneven sharing of risks and returns in large Indian companies where promoters retain the upside in good times and have limited accountability in times of crisis.
Visa fees and increased market access for India’s traditional and ayurvedic medicines topped the agenda for trade talks with the US that got underway here on Tuesday.
After breaching the 62-mark in early trade, Indian rupee on Tuesday rebounded and ended with a gain of 8 paise at 61.86 against the Greenback on account of suspected RBI intervention through state-owned banks.
In their biggest drop in nearly six weeks, benchmark Sensex on Tuesday tumbled 161 points to 28,338.05 and Nifty index fell 67 points to 8,463.10 from record highs due to profit-booking and worries over new norms on P-Notes.