Equity market News
Rupee nears all-time low
The rupee depreciated by 38 paise on Tuesday to close at a 31-month low of 50.67 against the dollar, inching closer to its all-time low of 51.92 in March 2009.
According to the Bombay Stock Exchange, there were net fund outflows of Rs 409 crore on Tuesday, as the domestic equity markets fell by around 1.5 per cent.
“India's high trade and current account deficits and the elevated global uncertainty
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