Traders said dollar buying by importers following a recent spike in the rupee amid increased FII inflows kept the unit under pressure.
Rupee falls 9 paise to close at 83.19 against US dollar on December 19, 2023 at 11:48 am
Traders said dollar buying by importers following a recent spike in the rupee amid increased FII inflows kept the unit under pressure.
Biggest gainers on the Nifty were Coal India, Nestle India, Tata Consumer Products, NTPC and Cipla, while losers included SBI Life Insurance, Hero MotoCorp, Adani Ports, Wipro and Adani Enterprises.
The $245-billion sector, which gained immensely from the pandemic-induced boom in digital services, has struggled in recent quarters as clients slashed spending on discretionary projects amid inflationary pressures and recession fears.
For SpiceJet, which is itself reeling under Rs 6,000 crore debt burden and facing insolvency pleas from aircraft lessors, reviving Go First and starting it from scratch, will not be an easy task.
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The per capita income of the fifth largest economy, as per the government data, stood at Rs 98,374 in 2022-23.
Since PH Diagnostic Center is the largest business-to-consumer (B2C) diagnostic chain in Pune, it will help Vijaya Diagnostic expand rapidly in that region with a faster growth rate.
Analysts don’t see an immediate impact of the windfall tax cut on oil companies.
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In July, West Hollywood raised its minimum wage to $19.08 an hour, causing angst among those who own businesses.