[ad_1] Bino Pathiparampil, Head of Research at Elara Securities (India), listed the brokerage’s top picks from the pharma sectors that are expected to benefit the most from a falling rupee. “The depreciation in rupee is going to help almost all the players, especially the large players who have big presences in the US. So that […]
Indian Rupee plunges to ₹86.50: Factors behind INR’s sharp fall against the US Dollar – CNBC TV18
[ad_1] On Monday, the Indian rupee recorded its sharpest single-day fall in two years, closing at ₹86.50 and hitting an intraday low of ₹86.58 against the US dollar. The rupee’s drop was notably larger than the declines experienced by other Asian currencies, such as the Thai baht, the Philippine peso, and the Malaysian ringgit, which […]
PL Asset Management names capital markets, IT, healthcare, and consumer as top picks – CNBC TV18
[ad_1] Siddharth Vora, Head of Quant Investment Strategy and Fund Manager at PL Asset Management said they are focusing more on four sectors in their porfolio: capital markets, IT, healthcare, and consumer discretionary. PL Asset Management prefers to avoid banks and the broader lending space but is heavily invested in the capital markets theme, including […]
How a weakening rupee affects education loans for students going abroad – CNBC TV18
[ad_1] The Indian rupee has recently hit an all-time low of 85.09 against the US dollar on December 19, and dipped further to 85.10 on December 20. This depreciation is expected to affect Indian students aspiring to study abroad, particularly in countries like the US, where tuition and living expenses are paid in dollars. Index […]
CNBC-TV18 Morning Call: Fed rate cut impact on markets, rupee at record low, SEBI new rules for SMEs – CNBC TV18
[ad_1] 1 / 14 The Dow Jones dropped 1,123 points (2.6%) on December 18 after the Fed forecasted only two rate cuts in 2025 instead of four, citing prolonged inflation concerns. This marks its longest losing streak since 1974. 2 / 14 The Federal Reserve cut rates by 25 basis points to 4.25%-4.5% but surprised […]