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Rupee Drops On Weak Shares; Inflation Eyed

At 10:55am, the partially convertible rupee was at Rs 45.30/31 per dollar, 0.15% weaker than its Rs 45.24/25 close on Thursday MUMBAI, Jan 14: The rupee fell on Friday tracking losses in local shares, which raised worries of foreign investors continuing to pull out funds from Asia’s third-largest... 

Sensex Falls By Nearly 500 Points On Rate Hike Fears

Bombay Stock Exchange (BSE). Image Credit: Tehelka MUMBAI, Jan 7: The Sensex lost nearly 500 points (2.44 per cent) on Friday, as worries of a steep rate hike by the Reserve Bank of India (RBI) dominated market sentiment. The drop pulled down the Sensex below the 20,000 level to 19,691.81. The Nifty...