Comments
New Delhi, November 7 Indian stock indices traded largely steady with positive bias this morning, and the rupee appreciated considerably against the US dollar.
At 11.15 am, Sensex traded at 60,977.06 points, up 26.77 points, whereas Nifty traded at 18,143.05 points, up 26.90 points.The rupee opened at 82.11 versus Friday's closing of 82.44 per US dollar.
Top gainers, losers
Prominent gainers today were Britannia, SBI, Tata Steel, Adani Enterprise and Eicher Motor. Britannia Ind rose 9.15 per cent to ₹4,152.45, while SBI rose over 3 per cent. However, top losers include Asian Paints, Cipla, Dr Reddy, Adani Port and Titan
The stock indices put a brake after over two weeks of consecutive rallies as the US central bank Federal Reserve continued raising key interest rates in its fight against the multi-decade high inflation. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent in its latest monetary policy meeting. Notably, this is the fourth consecutive hike of such magnitude.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.