The data from Clearing Corporation of India shows that HDFC Bank raised Rs 450 crore at 7.01 per cent in one-year money, while IndusInd Bank borrowed Rs 1,075 crore at 7.49 per cent for the same tenor. Illustration: Uttam Ghosh
The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week. Illustration: Dominic Xavier/Rediff India’s foreign exchange reserves rose by $14 billion
Stock market benchmarks Sensex and Nifty ended lower on Monday, tracking deep losses in heavyweights Reliance Industries, Eternal, and ICICI Bank amid global tariff uncertainties. Photograph: Francis Mascarenhas/Reuters Besides, weakness in the rupee and unabated flight of foreign capital from
Trading pattern in the stock market this week will largely depend on the ongoing Q3 earnings announcement from corporates, global trends, and foreign fund movement, analysts said. Illustration: Uttam Ghosh Moreover, geopolitical developments and any update on trade negotiations would
Benchmark indices Sensex and Nifty ended lower for the second day in a row on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further raise tariffs against India.
