STOCKS AND SHARES NEWS UPDATES

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moneymaker01
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STOCKS AND SHARES NEWS UPDATES

Post by moneymaker01 » Thu Jun 20, 2013 4:05 am

The rupee slumped to a record low on Thursday, while stocks and bonds were hit, after the Federal Reserve signaled a tapering of its monetary stimulus, highlighting the country's dependence on foreign capital inflows to fund its current account deficit.
The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11. The rupee was trading at 59.82/81, down from its 58.71/72 close on Wednesday.
NSE Nifty fell down and made a record low as it is decline by 125.50 with 2.06% rate and currently its price in the market is 5702.05 INR where as the BSE Sensex is down by -375.44 Rs and its trading price is 18,870.19 Rs in the Indian share market. Read more at free commodity tips

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