India News : Stocks plunge, rupee breaches 63 a dollar
India News : Stock indices plunged nearly 2 per cent on Monday and the rupee depreciated to its all-time low to close above the psychological mark of Rs. 63 as foreign institutional investors (FIIs) sold stocks in panic to repatriate dollars. The rupee closed at 63.13 a dollar.
Gold prices, too, rose on Monday as the yellow metal closed with a gain of Rs. 292, up 0.95 per cent for 10 grams as a result of depreciation of the rupee and demand from investors.
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Gold prices, too, rose on Monday as the yellow metal closed with a gain of Rs. 292, up 0.95 per cent for 10 grams as a result of depreciation of the rupee and demand from investors.
For More information on this news visit: http://www.itvnewsindia.com/
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