Rupee strengthens against the dollar on positive domestic equities, upcoming budget, and weakening dollar trend.

TCS and Infosys, which are both debt-free, will benefit from the weakening of the rupee because most of their revenue is in US dollars, says Moody’s.

IST, the barometer index, the S&P BSE Sensex rose 144.40 points or 0.19% to 76,678.04. The Nifty 50 index added 49.30 points or 0.21% to 23,254.65.

In Vietnam, prices saw a dip ahead of the Lunar New Year, and Bangladesh plans to import 700,000 tonnes to counter high ...

Gold prices reached near an all-time high on January 24, 2023, amid market concerns over US policy uncertainties.