Tag: rupee dollar

Motilal Oswal see 4% downside for Bharat Dynamics, starts coverage with neutral call amid lofty valuations

Stocks
Motilal Oswal has initiated coverage on Bharat Dynamics Ltd with a ‘neutral’ rating and a target price of Rs 1,900, about 4% below its current market value, cautioning that the stock’s sharp run-up leaves little...

Trump’s BRICS warning to India adds new twist to trade deal

Economy
US President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New Delhi in a tough position as it races to finalize a favorable trade deal with...

RBI purchases bonds via OMO, while managing market sentiments

Stocks
The Reserve Bank of India (RBI) began its first leg of liquidity infusion with an open market operation (OMO) purchase of Rs 20,000...

Indian exporters chasing quick buck stung as rupee slide unravels exotic trades

Economy
The lure of quick profits drew some Indian exporters to an exotic option structure when the rupee was rangebound. A handful of them...

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