Informist, Friday, Feb 3, 2023
By Ananya Chaudhuri
NEW DELHI – After a highly volatile session, the rupee ended sharply up against the greenback as stock prices of some companies of the Adani Group recovered in late aftternoon, dealers said.
Today, after falling to a low of 82.3075 a dollar, the Indian unit settled 0.4% higher against the dollar at 81.8275.
The rupee opened flat against the dollar at 82.1650 after the dollar index rebounded on Thursday as the euro and the pound sterling fell. The European Central bank and the Bank of England raised interest rate by 50 basis point at the end of their policy meeting, which was in line with market expectation. The central banks also pointed out that the inflation pressure has become more manageable.
However, the European Central Bank signalled for at least another rate hike of the same magnitude in March while the Bank of England said there was no need to raise rates aggressively now.
The dollar index slumped on Wednesday after the US Federal Reserve Chair Jerome Powell said the disinflationary process started in the US economy.
Moreover, data from the labour department on Thursday showed that the initial claims for the state unemployment benefits in the US dropped 3,000 to 183,000 for the week ended Jan 28. This showed that the job market remained tight in the world's largest economy.
At 1721 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.59 as against 101.75 on Thursday. It was 101.22 on Wednesday. The index had fallen to a nine-month low of 100.82 on Thursday.
The Indian currency fell to the day's low as foreign banks persistently bought the US currency on behalf of foreign portfolio investors, dealers said.
Dealers said the foreign portfolio outflows were possibly on account of the Adani Enterprises Ltd's move to withdraw its 200-bln-rupee follow-on public offering, which was announced on Wednesday.
However, the Indian rupee erased some losses as banks stepped in to sell dollars on behalf of exporters who wanted to take advantage of the relatively higher dollar/rupee level.
Moreover, some dealers said that the Reserve Bank of India intervened through dollar sales to prevent further depreciation.
"From the 82.25 (a dollar), RBI's presence was heavily there. They would have sold right till 82.00 (a dollar)," said a dealer at a brokerage firm.
During the last leg of the trade, the Indian unit recovered and rose to a day's high of 81.7525 a dollar as stop losses on long dollar bets were triggered around 82.00 after share prices of some companies of Adani Group saw a recovery. The share prices recovered after rating agency Fitch said there is no immediate impact of the Hindenburg Research episode on Adani companies' ratings.
"After falling 30% the shares reversed and were flat. Rupee also turned course and rose to 81.98 (a dollar)," Anil Kumar Bhansali, head of treasury, Finrex Treasury Advisors LLP said.
The Adani Group's stocks have been on a southward trend following the release of the hard-hitting report by US-based short-seller Hinderburg Research. The report accused the Adani Group of engaging in "brazen stock manipulation and accounting fraud scheme over the course of decades" and Chairman Gautam Adani of "pulling the largest con in corporate history".
The Sensex and Nifty 50 indices ended 1.5% and 1.4% higher, respectively.
| AT 1530 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 81.8275 | 82.1650 | 81.7525 | 82.3075 | 82.1725 |
FORWARDS
Premiums on dollar/rupee one-year forward contracts rose marginally today as gains in the rupee prompted banks and importers to buy dollars for forward delivery, dealers said.
The premium on the one-year dollar/rupee contract was at 186.50 paise as against 186.00 paise at Thursday's close. On an annualised basis, the premium was at 2.28% as against the previous close of 2.26%.
OUTLOOK
On Monday, the rupee will take cues from overnight movement in the dollar index after the release of US non-farm payroll data due to be released past midnight Friday.
Dealers said the rupee may also track the overnight movement in crude oil prices.
The next technical resistance for rupee is pegged at 81.70 a dollar, dealers said.
The rupee might move in a range of 81.70-82.20 a dollar during the day, dealers said.
India Rupee - World FX: Dlr rebounds after ECB, BoE policy outcomes
| AT 1627 IST | HIGH | LOW | PREVIOUS | |
| GBP/USD | 1.2265 | 1.2266 | 1.2183 | 1.2224 |
| EUR/USD | 1.0936 | 1.0938 | 1.0882 | 1.0908 |
| NZD/USD | 0.6480 | 0.6481 | 0.6456 | 0.6475 |
| AUD/USD | 0.7066 | 0.7082 | 0.7045 | 0.7075 |
| USD/JPY | 128.4810 | 128.8270 | 128.4280 | 128.5640 |
| USD/CAD | 1.3345 | 1.3374 | 1.3313 | 1.3314 |
| EUR/JPY | 140.5040 | 140.5739 | 139.9360 | 140.3700 |
| CHF/USD | 1.0950 | 1.0975 | 1.0908 | 1.0944 |
| EUR/CHF | 0.9985 | 0.9995 | 0.9942 | 0.9947 |
MUMBAI – The dollar regained its footing on the back of upbeat US economic data and fall in the euro and pound sterling on Thursday after the policy outcomes of the European Central Bank and Bank of England.
Both the central banks signalled that the inflationary pressures have become more manageable, while raising interest rates on expected lines by 50 basis points.
On Wednesday the dollar index fell sharply after Federal Reserve Chairman Jerome Powell said disinflationary process has started in the US economy.
The dollar also strengthened today after data showed that the number of Americans filing new claims for unemployment benefits fell last week – a sign that the labour market in the US has remained resilient despite mounting fears of recession.
Market participants are now waiting for US non-farm payrolls data, due later today, for more cues on the Fed's monetary policy path going forward.
At 1618 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.60 against 101.75 on Thursday. The index had fallen to a nine-month low of 100.82 on Thursday from 101.22 on Wednesday.
The Australian dollar fell 0.3% against the dollar on signs of economic growth cooling, raising speculation that the Reserve Bank of Australia may go easy on its hawkish policy stance. (Aiswarya Santhosh)
India Rupee: Rises sharply on rebound in shares of Adani Group cos
| AT 1510 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 81.9550 | 82.1650 | 81.9325 | 82.3075 | 82.1725 |
MUMBAI - The rupee rose sharply against the dollar, erasing all its earlier losses, due to a rebound in the share prices of some companies of the Adani Group, dealers said.
Stocks of some Adani Group companies rebounded after rating agency Fitch said there is no immediate impact of the Hindenburg Research episode on Adani companies' ratings. At 1444 IST, the Nifty 50 and the Sensex were up over 1.3% and 1.4%, respectively.
The Adani Group's stocks have been on a southward trend following the release of the hard-hitting report by US-based short-seller Hinderburg Research. The report accused the Adani Group of engaging in "brazen stock manipulation and accounting fraud scheme over the course of decades" and Chairman Gautam Adani of "pulling the largest con in corporate history".
Dealers also said the Indian unit was aided by likely dollar sales by exporters, noting the relatively higher dollar/rupee levels.
Earlier in the day, the rupee fell to a low of 82.3075 as banks persistently bought the greenback for foreign portfolio investors, dealers said
Dealers have pegged technical support for the rupee at 82.30 a dollar. It is seen at 81.90-82.30 for the rest of the day, dealers said. (Aiswarya Santhosh)
India Rupee: Down as banks buy dollars for FPI outflows
| AT 1300 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 82.2600 | 82.1650 | 82.0725 | 82.2850 | 82.1725 |
NEW DELHI – The rupee remained down against the dollar as banks persistently bought the greenback for foreign portfolio investors, dealers said.
Foreign portfolio outflows were likely on account of the Adani Enterprises Ltd's move to withdraw its 200-bln-rupee follow-on public offering, as announcement on Wednesday, dealers said.
"Equity related outflows are there. That's the reason we are seeing volatility in the market," a dealer from a foreign bank said. "The volatility will ease out once there's clarity on the equity side."
However, the Indian unit gained some support as some banks sold the US unit ahead of the daily reference rate fixing, dealers said.
Dealers said exporters are on the sidelines as they expect the Indian currency to fall further.
Dealers have pegged technical support for the rupee at 82.30 a dollar. The rupee is seen at 81.90-82.30 for the rest of the day, dealers said. (Ananya Chaudhuri)
India Rupee: Erases gains on dlr buys for importers, rebound in dlr
| AT 0950 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 82.1775 | 82.1650 | 82.0725 | 82.1775 | 82.1725 |
MUMBAI – The rupee erased most earlier gains against the greenback as some banks stepped in to buy dollars on behalf of importers noting relatively lower dollar/rupee levels, dealers said.
Moreover, a rebound in the dollar index tracking losses in the Euro and pound sterling also weighed on the Indian unit, dealers said.
The Euro and pound sterling slipped due to dovish cues from the European Central Bank and the Bank of England, as their respective policy meetings came to a close.
The European Central Bank and the Bank of England raised their interest rates by 50 basis points, on expected lines. Both the central banks signalled that the inflationary pressures in their economies have become more manageable.
At 0946 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.84 as against 101.75 on Thursday. It was 101.22 on Wednesday. The index had fallen to a nine-month low of 100.82 on Thursday.
Dealers said the Indian unit will remain under pressure due to likely dollar purchases by banks for foreign portfolio outflows, due to Adani Enterprises Ltd's move to withdraw its 200-bln-rupee follow-on public offering, as announced on Wednesday.
The rupee rose to a high of 82.0725 a dollar during early trade due to likely dollar sales on behalf of exporters, dealers said. The rupee settled below the psychologically-crucial level of 82 per dollar for the first time since Jan 9 on Thursday.
"There is some selling (of dollars) in the market," a dealer with a state-owned bank said. "The dollar will appreciate further today, so we will see rupee falling going forward in the day."
Dealers said the Indian unit was also aided by a rise in domestic equities. At 0939 IST, both the Nifty 50 and the Sensex were up by 0.3% and 0.5%, respectively.
Dealers have pegged technical support for the rupee at 82.30 a dollar. The rupee is seen at 81.90-82.30 for the rest of the day, dealers said. (Aiswarya Santhosh)
India Rupee - Asia FX:Dn as dlr index rebounds post ECB, BoE outcomes
NEW DELHI – Most Asian currencies fell against the greenback today as the dollar index rebounded after the Euro and pound sterling fell due to dovish cues from the European Central Bank, and the Bank of England.
The European Central Bank and the Bank of England both raised their policy rates by 50 basis points, in line with market estimates. The European Central Bank signalled for at least another rate hike of the same magnitude in March while President Christine Lagarde said that the eurozone outlook had become less worrisome in terms of growth and inflation. The Bank of England said there was no need to raise rate aggressively now.
The dollar index slumped on Wednesday after the US Federal Reserve Chair Jerome Powell said the disinflationary process started in the US economy.
At 0946 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.85 as against 101.75 on Thursday. It was 101.22 on Wednesday. The index had fallen to a nine-month low of 100.82 on Thursday.
The South Korean won was 0.7% down against the greenback as the country's finance minister said the country's export and investment would be weak in the first half of the year.
The Malaysian ringgit and the Chinese yuan were down 0.5% and 0.2%, respectively, against the US unit. (Ananya Chaudhuri)
India Rupee: Expected range for rupee - Feb 3
MUMBAI – Following are the expected support and resistance levels for the rupee today, as forecasted by leading banks and brokerages in an Informist poll:
| Participants | SUPPORT | RESISTANCE |
| State-owned bank | 82.35 | 81.95 |
| Foreign bank | 82.40 | 81.80 |
| Brokerage firm | 82.40 | 81.90 |
| Brokerage firm | 82.40 | 81.80 |
| Brokerage firm | 82.30 | 82.03 |
| Brokerage firm | 82.32 | 82.02 |
(Aiswarya Santosh)
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Maheswaran Parameswaran
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2023. All rights reserved.
Informist, Friday, Feb 3, 2023
By Ananya Chaudhuri
NEW DELHI – After a highly volatile session, the rupee ended sharply up against the greenback as stock prices of some companies of the Adani Group recovered in late aftternoon, dealers said.
Today, after falling to a low of 82.3075 a dollar, the Indian unit settled 0.4% higher against the dollar at 81.8275.
The rupee opened flat against the dollar at 82.1650 after the dollar index rebounded on Thursday as the euro and the pound sterling fell. The European Central bank and the Bank of England raised interest rate by 50 basis point at the end of their policy meeting, which was in line with market expectation. The central banks also pointed out that the inflation pressure has become more manageable.
However, the European Central Bank signalled for at least another rate hike of the same magnitude in March while the Bank of England said there was no need to raise rates aggressively now.
The dollar index slumped on Wednesday after the US Federal Reserve Chair Jerome Powell said the disinflationary process started in the US economy.
Moreover, data from the labour department on Thursday showed that the initial claims for the state unemployment benefits in the US dropped 3,000 to 183,000 for the week ended Jan 28. This showed that the job market remained tight in the world's largest economy.
At 1721 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.59 as against 101.75 on Thursday. It was 101.22 on Wednesday. The index had fallen to a nine-month low of 100.82 on Thursday.
The Indian currency fell to the day's low as foreign banks persistently bought the US currency on behalf of foreign portfolio investors, dealers said.
Dealers said the foreign portfolio outflows were possibly on account of the Adani Enterprises Ltd's move to withdraw its 200-bln-rupee follow-on public offering, which was announced on Wednesday.
However, the Indian rupee erased some losses as banks stepped in to sell dollars on behalf of exporters who wanted to take advantage of the relatively higher dollar/rupee level.
Moreover, some dealers said that the Reserve Bank of India intervened through dollar sales to prevent further depreciation.
"From the 82.25 (a dollar), RBI's presence was heavily there. They would have sold right till 82.00 (a dollar)," said a dealer at a brokerage firm.
During the last leg of the trade, the Indian unit recovered and rose to a day's high of 81.7525 a dollar as stop losses on long dollar bets were triggered around 82.00 after share prices of some companies of Adani Group saw a recovery. The share prices recovered after rating agency Fitch said there is no immediate impact of the Hindenburg Research episode on Adani companies' ratings.
"After falling 30% the shares reversed and were flat. Rupee also turned course and rose to 81.98 (a dollar)," Anil Kumar Bhansali, head of treasury, Finrex Treasury Advisors LLP said.
The Adani Group's stocks have been on a southward trend following the release of the hard-hitting report by US-based short-seller Hinderburg Research. The report accused the Adani Group of engaging in "brazen stock manipulation and accounting fraud scheme over the course of decades" and Chairman Gautam Adani of "pulling the largest con in corporate history".
The Sensex and Nifty 50 indices ended 1.5% and 1.4% higher, respectively.
| AT 1530 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 81.8275 | 82.1650 | 81.7525 | 82.3075 | 82.1725 |
FORWARDS
Premiums on dollar/rupee one-year forward contracts rose marginally today as gains in the rupee prompted banks and importers to buy dollars for forward delivery, dealers said.
The premium on the one-year dollar/rupee contract was at 186.50 paise as against 186.00 paise at Thursday's close. On an annualised basis, the premium was at 2.28% as against the previous close of 2.26%.
OUTLOOK
On Monday, the rupee will take cues from overnight movement in the dollar index after the release of US non-farm payroll data due to be released past midnight Friday.
Dealers said the rupee may also track the overnight movement in crude oil prices.
The next technical resistance for rupee is pegged at 81.70 a dollar, dealers said.
The rupee might move in a range of 81.70-82.20 a dollar during the day, dealers said.
India Rupee - World FX: Dlr rebounds after ECB, BoE policy outcomes
| AT 1627 IST | HIGH | LOW | PREVIOUS | |
| GBP/USD | 1.2265 | 1.2266 | 1.2183 | 1.2224 |
| EUR/USD | 1.0936 | 1.0938 | 1.0882 | 1.0908 |
| NZD/USD | 0.6480 | 0.6481 | 0.6456 | 0.6475 |
| AUD/USD | 0.7066 | 0.7082 | 0.7045 | 0.7075 |
| USD/JPY | 128.4810 | 128.8270 | 128.4280 | 128.5640 |
| USD/CAD | 1.3345 | 1.3374 | 1.3313 | 1.3314 |
| EUR/JPY | 140.5040 | 140.5739 | 139.9360 | 140.3700 |
| CHF/USD | 1.0950 | 1.0975 | 1.0908 | 1.0944 |
| EUR/CHF | 0.9985 | 0.9995 | 0.9942 | 0.9947 |
MUMBAI – The dollar regained its footing on the back of upbeat US economic data and fall in the euro and pound sterling on Thursday after the policy outcomes of the European Central Bank and Bank of England.
Both the central banks signalled that the inflationary pressures have become more manageable, while raising interest rates on expected lines by 50 basis points.
On Wednesday the dollar index fell sharply after Federal Reserve Chairman Jerome Powell said disinflationary process has started in the US economy.
The dollar also strengthened today after data showed that the number of Americans filing new claims for unemployment benefits fell last week – a sign that the labour market in the US has remained resilient despite mounting fears of recession.
Market participants are now waiting for US non-farm payrolls data, due later today, for more cues on the Fed's monetary policy path going forward.
At 1618 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.60 against 101.75 on Thursday. The index had fallen to a nine-month low of 100.82 on Thursday from 101.22 on Wednesday.
The Australian dollar fell 0.3% against the dollar on signs of economic growth cooling, raising speculation that the Reserve Bank of Australia may go easy on its hawkish policy stance. (Aiswarya Santhosh)
India Rupee: Rises sharply on rebound in shares of Adani Group cos
| AT 1510 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 81.9550 | 82.1650 | 81.9325 | 82.3075 | 82.1725 |
MUMBAI - The rupee rose sharply against the dollar, erasing all its earlier losses, due to a rebound in the share prices of some companies of the Adani Group, dealers said.
Stocks of some Adani Group companies rebounded after rating agency Fitch said there is no immediate impact of the Hindenburg Research episode on Adani companies' ratings. At 1444 IST, the Nifty 50 and the Sensex were up over 1.3% and 1.4%, respectively.
The Adani Group's stocks have been on a southward trend following the release of the hard-hitting report by US-based short-seller Hinderburg Research. The report accused the Adani Group of engaging in "brazen stock manipulation and accounting fraud scheme over the course of decades" and Chairman Gautam Adani of "pulling the largest con in corporate history".
Dealers also said the Indian unit was aided by likely dollar sales by exporters, noting the relatively higher dollar/rupee levels.
Earlier in the day, the rupee fell to a low of 82.3075 as banks persistently bought the greenback for foreign portfolio investors, dealers said
Dealers have pegged technical support for the rupee at 82.30 a dollar. It is seen at 81.90-82.30 for the rest of the day, dealers said. (Aiswarya Santhosh)
India Rupee: Down as banks buy dollars for FPI outflows
| AT 1300 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 82.2600 | 82.1650 | 82.0725 | 82.2850 | 82.1725 |
NEW DELHI – The rupee remained down against the dollar as banks persistently bought the greenback for foreign portfolio investors, dealers said.
Foreign portfolio outflows were likely on account of the Adani Enterprises Ltd's move to withdraw its 200-bln-rupee follow-on public offering, as announcement on Wednesday, dealers said.
"Equity related outflows are there. That's the reason we are seeing volatility in the market," a dealer from a foreign bank said. "The volatility will ease out once there's clarity on the equity side."
However, the Indian unit gained some support as some banks sold the US unit ahead of the daily reference rate fixing, dealers said.
Dealers said exporters are on the sidelines as they expect the Indian currency to fall further.
Dealers have pegged technical support for the rupee at 82.30 a dollar. The rupee is seen at 81.90-82.30 for the rest of the day, dealers said. (Ananya Chaudhuri)
India Rupee: Erases gains on dlr buys for importers, rebound in dlr
| AT 0950 IST | AT 0900 IST | HIGH | LOW | PREVIOUS(AT 1530 IST) | |
| Spot rupee per $1 | 82.1775 | 82.1650 | 82.0725 | 82.1775 | 82.1725 |
MUMBAI – The rupee erased most earlier gains against the greenback as some banks stepped in to buy dollars on behalf of importers noting relatively lower dollar/rupee levels, dealers said.
Moreover, a rebound in the dollar index tracking losses in the Euro and pound sterling also weighed on the Indian unit, dealers said.
The Euro and pound sterling slipped due to dovish cues from the European Central Bank and the Bank of England, as their respective policy meetings came to a close.
The European Central Bank and the Bank of England raised their interest rates by 50 basis points, on expected lines. Both the central banks signalled that the inflationary pressures in their economies have become more manageable.
At 0946 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.84 as against 101.75 on Thursday. It was 101.22 on Wednesday. The index had fallen to a nine-month low of 100.82 on Thursday.
Dealers said the Indian unit will remain under pressure due to likely dollar purchases by banks for foreign portfolio outflows, due to Adani Enterprises Ltd's move to withdraw its 200-bln-rupee follow-on public offering, as announced on Wednesday.
The rupee rose to a high of 82.0725 a dollar during early trade due to likely dollar sales on behalf of exporters, dealers said. The rupee settled below the psychologically-crucial level of 82 per dollar for the first time since Jan 9 on Thursday.
"There is some selling (of dollars) in the market," a dealer with a state-owned bank said. "The dollar will appreciate further today, so we will see rupee falling going forward in the day."
Dealers said the Indian unit was also aided by a rise in domestic equities. At 0939 IST, both the Nifty 50 and the Sensex were up by 0.3% and 0.5%, respectively.
Dealers have pegged technical support for the rupee at 82.30 a dollar. The rupee is seen at 81.90-82.30 for the rest of the day, dealers said. (Aiswarya Santhosh)
India Rupee - Asia FX:Dn as dlr index rebounds post ECB, BoE outcomes
NEW DELHI – Most Asian currencies fell against the greenback today as the dollar index rebounded after the Euro and pound sterling fell due to dovish cues from the European Central Bank, and the Bank of England.
The European Central Bank and the Bank of England both raised their policy rates by 50 basis points, in line with market estimates. The European Central Bank signalled for at least another rate hike of the same magnitude in March while President Christine Lagarde said that the eurozone outlook had become less worrisome in terms of growth and inflation. The Bank of England said there was no need to raise rate aggressively now.
The dollar index slumped on Wednesday after the US Federal Reserve Chair Jerome Powell said the disinflationary process started in the US economy.
At 0946 IST, the dollar index, which measures the strength of the greenback against a basket of six major currencies, was at 101.85 as against 101.75 on Thursday. It was 101.22 on Wednesday. The index had fallen to a nine-month low of 100.82 on Thursday.
The South Korean won was 0.7% down against the greenback as the country's finance minister said the country's export and investment would be weak in the first half of the year.
The Malaysian ringgit and the Chinese yuan were down 0.5% and 0.2%, respectively, against the US unit. (Ananya Chaudhuri)
India Rupee: Expected range for rupee - Feb 3
MUMBAI – Following are the expected support and resistance levels for the rupee today, as forecasted by leading banks and brokerages in an Informist poll:
| Participants | SUPPORT | RESISTANCE |
| State-owned bank | 82.35 | 81.95 |
| Foreign bank | 82.40 | 81.80 |
| Brokerage firm | 82.40 | 81.90 |
| Brokerage firm | 82.40 | 81.80 |
| Brokerage firm | 82.30 | 82.03 |
| Brokerage firm | 82.32 | 82.02 |
(Aiswarya Santosh)
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Maheswaran Parameswaran
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2023. All rights reserved.
