Arab Today, arab today sensex little changed on rupee measures
Last Updated : GMT 21:55:04
Arab Today, arab today
Arab Today, arab today

Sensex little changed on rupee measures

Arab Today, arab today

Arab Today, arab today Sensex little changed on rupee measures

New Delhi - Arabstoday

India’s benchmark stock index was little changed as investors weighed measures introduced by the central bank to arrest the rupee’s slump against the outcome of a European Union summit on the region’s debt crisis this week. The BSE India Sensitive Index added 0.1% to 16,906.58 at the close. Two stocks rose for each that declined on the 30-stock index. The Reserve Bank of India on Monday raised the amount of government debt foreign funds can hold by $5bn to halt the drop in Asia’s worst-performing major currency this year. German Chancellor Angela Merkel hardened her resistance to euro-area debt sharing, increasing concerns leaders in the EU, India’s top trading partner, will fail to agree on measures to curb the debt crisis at a two-day summit starting June 28. “Markets will remain range bound as long as we are in this uncertain phase,” said Sreesankar Radhakrishnan, senior vice president at Tata Securities in Mumbai. “A slowdown in decision-making in the political space is not encouraging and the dithering in Europe over Greece is also not positive.” Prime Minister Manmohan Singh is grappling with an economy hobbled by slowing growth, a record trade deficit, a budget gap that has exceeded targets, corruption scandals and in-fighting that has stymied his efforts to attract foreign investment. The rupee touched a record low of 57.3275 a dollar on June 22, and the Sensex is headed for its first quarterly decline since the three-month period ended in December. The rupee fell to 57.035 per dollar at close, from 57.015 on Monday. The currency has lost 7% in 2012, the worst performance among the 10 most-traded Asian currencies. The decline has intensified price pressures because India buys 80% of its crude from abroad and undermined efforts by the government to pare the widest fiscal deficit among the largest emerging economies. from gulfnews.com

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sensex little changed on rupee measures Arab Today, arab today sensex little changed on rupee measures

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 12:30 2017 Friday ,24 February

Norway's Telenor to leave Indian telecom market

GMT 10:17 2017 Friday ,24 February

Dow stands out as global stocks tread water

GMT 16:11 2017 Thursday ,23 February

Bahrain Bourse daily trading report

GMT 16:08 2017 Thursday ,23 February

BHB holds VAT seminar

GMT 13:40 2017 Thursday ,23 February

Muscat Securities Market loses 17 points

GMT 13:18 2017 Thursday ,23 February

Bahrain Bourse daily trading report

GMT 05:51 2017 Thursday ,23 February

Saudi stocks edge up as Brent futures rebound
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday