Rupee Depreciation Boosts IT Stocks on March 4
The Nifty IT index emerged as the only sectoral gauge trading in positive territory on Wednesday, as the Indian rupee weakened sharply to a fresh record low of 92.28 against the US dollar on March 4.The sharp depreciation in the domestic currency...
currency exchange rates
financial markets
india economy
infosys
itcompanies
l&t technology services
margins
mphasis
nifty it index
oil prices
persistent systems
rupee depreciation
rupee to us dollar
tcs
tech mahindra
Mumbai, February 17: Indian equity benchmarks ended higher for the second straight session on Tuesday, supported by buying in banking, information technology, and capital goods shares.The 30 share BSE Sensex rose 173.81 points, or 0.21 percent, to close at 83,450.96. During the session, the...