Rupee breached the sacrosanct 57 mark in today’s trade which was last seen on 28 June 2012 plunged almost 5% for the month of May. Rupee is very near to its all time low of 57.32 Reason for Rupee Hitting 52 Week Low 1.Dollar trading at 3 year High As discussed US Dollar at 3-Year … Read more INR hits 57, Reason for Rupee Weakness
As discussed in Morning post Rupee is trading near 8.5 month low,it has plunged almost 3% for the week. FII have been pumping money in India from the start of 2013 and for May alone we have seen flows of $3 Billion mainly in Equities and Debt market. Also with $5.9 Billion Dollar Open offer … Read more Reason for Rupee Depreciation against dollar
There’s a lot of uncertainty about the outcome of this November’s U.S. presidential election. That uncertainty extends to the impact of U.S. elections on stocks prices, judging by the voluminous and often contradictory research on the topic. The most frequently cited paper, according to Davis, is a 2003 article in the Journal of Finance by … Read more Does the US Presidential Election Impact the Stock Market?