The Indian rupee fell to a one-month low on Monday, as a better-than-expected U.S. jobs report prompted investors to bet on more Federal Reserve rate increases, with weaker domestic equities also weighing on market sentiment.
All the eyes might be on the Border-Gavaskar Trophy but IPL franchises are preparing for the next season. While some of the teams have already begun training, Sunrisers Hyderabad and Delhi Capitals have to sort out their captaincy problems first.
Alphabet missed on both top and bottom lines when it reported fourth quarter earnings after the bell Thursday. The company’s stock dropped nearly 4% after hours, erasing some of the 7.28% it gained in normal trading hours.
While retaining its bullish view on the domestic equity market, brokerage ICICI Securities believes that the BSE barometer Sensex may touch 71,600 level by December 2023.