Corporate Actions
INR sees modest losses, NIFTY hits two week high

28-Mar-24   11:54 Hrs IST
The Indian rupee saw modest losses today but broadly held in a range as local stocks soared. The INR has come off record lows against the US dollar this week but firmness in the US dollar index has capped advances for the local unit. US dollar index continues to stay above 104 mark ahead of crucial inflation data in the form of upcoming US PCE price index. Rupee declined by 4 paise to close at 83.33 against the US dollar on Wednesday and currently trades down 3 paise at 83.36 per US dollar. Local stocks jumped today with the benchmark Nifty 50 index hitting two week high around 22370 mark.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.