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The strengthening of the dollar globally and the record outflow of it from the Indian equities have forced the rupee to be above 84 level for quite some time. Last Thursday, it touched a new low of 84.10 against the dollar.
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News and Media
The market's uncanny ability to overlook the uncertain political outlook in the United States may reflect an assumption that national elections don't really matter for the stock market - a supposition borne out by stock returns over more than a century.
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FPIs parked net $2.36 billion (19,841.9 crore) in the primary market, the highest monthly investment since November 2021 when they had invested $3.74 billion through this route, which consists of participation in initial public offerings (IPOs) and qualified institutional placements (QIP).
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News and Media
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