The three-day meeting of the Monetary Policy Committee of the Reserve Bank of India will end on August 6. Tomorrow, this six-member committee will deliver its decision. Meanwhile, on Wednesday, the third trading day of the week, the stock market closed at a flat level after a day’s business. The Bombay Stock Exchange’s flagship index Sensex lost 0.07%, down 24.58 points at 37663.33. On the other hand, the Nifty of the National Stock Exchange closed up 0.22% at the level of 11120.10 with a gain of 24.85 points. However, today the market started with a fast start due to positive signals from global markets and continued foreign exchange flows.
Rupee rises ten paise against dollar
The rupee closed up ten paise at 74.94 to the dollar (provisional) against the dollar in the interbank foreign currency exchange market on Wednesday due to the weakening of the US trend and positive signals from domestic stock markets. In the inter-bank foreign currency exchange market, the business started in domestic currency with a strong strength of Rs 74.93 per dollar. After this, it ranged from 74.83 to 74.95 per dollar at the time of business. At the end of trading, it finally closed at Rs 74.94 per dollar, strengthening by ten paise against the closing price of the previous day.
Such was the situation of veteran shares
Talking about the big stocks, today the shares of Hindalco, Tata Motors, Tata Steel, Adani Ports, JSW Steel, Titan, M&M, Maruti, and Shree Cement hit the green mark.
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