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Even as GDP growth figures issued by the Central Statistics Office Thursday showed that the ongoing recovery strengthened in the last quarter of 2017-18, there are concerns over whether the rebound can be sustained amid surging oil prices. The 30-share index was trading higher at 35,forex trading education in forex trading coaching in chennai. 53, showing a gain of 123. 35 per cent at 1055 hrs.
The broader Nifty-50 index too was trading above the key 10,600-level at 10,649. The Indian currency was given some reprieve after plunging to a fresh 18-month low of 68. 42 last week, staging an impressive recovery fuelled by a sudden crash in global crude prices. At the Multi Commodity Exchange, gold for delivery in August was trading higher by Rs 94, or 0.
30 per cent, to Rs 31,302 per 10 gram in a business turnover 35 lots. 29 crore on a net basis. The rupee strengthened by 39 paise to 67. 39 against the dollar at the interbank forex market in early trade today. Dealers said dollar’s weakness against some other currencies overseas, on cooling global crude prices, and early gains in domestic equity markets supported the rupee. Over the past couple of weeks, the rupee has been depreciating sharply against the US dollar.
72, with sectoral indices IT, teck, capital goods, healthcare, power, consumer durables, bankex and realty advancing by up to 1. Congress combine to form the government. On Thursday, FPIs sold equities worth Rs 830 crore and since April, net outflow has touched Rs 32,668 crore. The US Dow Jones Industrial Average ended 0. 25 per cent higher on Wednesday as retailers results and solid economic data boosted confidence in the American economy.
8 per cent in the current financial year with the dollar exchange rate dropping from 65 to 68. 07 from March 28, 2018 to May 15, 2018. The benchmark BSE Sensex rose 260. 73 per cent to trade at 35,817.