Mumbai, April 30 -- The Indian rupee surged 38 paise to 84.58 (provisional) against the US dollar on Wednesday as trade-deal hopes and foreign fund inflows boosted investor sentiments. US President Donald Trump's statement that tariff talks with India are in a positive direction enthused investors. However, geopolitical tensions between India and Pakistan and a muted sentiment in domestic equities weighed on investor sentiments. Indian shares swung between gains and losses before ending marginally lower on Wednesday. The benchmark S&P BSE Sensex ended the session down 46.14 points at 80,242.24 while the broader NSE Nifty index closed little changed at 24,334.20. The BSE mid-cap and small-cap indexes fell 0.7 percent and 1.7 percent, respe...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.