Stock markets fall in early trade on weak global trends; rupee rises 8 paise against dollar
1 year, 7 months ago

Stock markets fall in early trade on weak global trends; rupee rises 8 paise against dollar

India TV News  

Stock markets update: Equity benchmark indices began the trade on a weak note on Wednesday following a bearish trend in the global markets as investors preferred to remain on the sidelines ahead of the release of the US Federal Open Market Committee meeting minutes. BSE benchmark gains 18.11 points Foreign Institutional Investors were buyers on Tuesday as they bought equities worth Rs 182.51 crore, according to exchange data. Rupee rises 8 paise to 82.77 against US dollar Meanwhile, the rupee gained 8 paise to 82.77 against the US dollar in early trade on Wednesday supported by foreign fund inflows. Forex traders said the rupee is trading in a narrow range as investors are awaiting cues from the minutes of the US Fed's May meeting, due later in the day.

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