Are oil & gas companies better investment play on falling rupee?
Despite the increase in fuel prices, the steady depreciation in rupee has eroded most of the benefits for OMCs.
Fitch upgrades India's outlook to stable, affirms BBB- rating
"The inflation pressures have begun to show pronounced signs of easing & rupee weakness may limit scope for more rate cuts," Fitch said.
Sensex hits new 2-month low; down 102 pts on weak IIP numbers
The BSE benchmark Sensex today fell by nearly 102 points to hit a new two-month low, led by fall in consumer durable and metal sector stocks.
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