Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed for trading on May 1 for Maharashtra Day – also Labour Day. The commodity markets i/c metal and Bullion, Indian bond markets and Forex market are also closed. On Read more
A jump in crude prices, after US President Trump’s administration decided not to reissue waivers on import of Iranian oil, which paved way to a fall in the Indian rupee on Monday. The domestic currency, rupee opened at 69.62 per Read more
Meantime, the RBI has said that it will infuse Rs 40,000 crore into the system in November by buying govt bonds by way of open market operations for maintaining liquidity in the market.