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Analysts: Foreign Investors' Selling Pressure and High Oil Prices Hinder Rupee's Sharp Gain

IPO activity in India is set to remain strong this year after the number of listings rose more than 65% in 2023.

The 30-share Sensex rose 23.96 points or 0.03 per cent to 72,450.60 points, with 16 constituents trading in the green. Bharti Airtel and Bajaj Finance climbed over 1 per cent.

Oil prices spiked last month following US-led strikes on Houthi targets in Yemen in response to repeated attacks on commercial ships in the Red Sea.

Orbo offers a myriad of innovative solutions that redefine customer experience and engagement.

The Reserve Bank of India's weekly statistical data revealed that India's foreign currency assets (FCA), the largest component of its forex reserves, decreased by $4.807 billion to $546.524 billion by the week ending on February 9.

As per a January 31 order of the RBI, Paytm Payments Bank was asked to stop further deposits, credit transactions, or top-ups in any customer accounts, prepaid instruments, wallets, FASTags, and National Common Mobility Cards, after February 29

In an internal memo to employees seen by The Wall Street Journal, Nike Chief Executive John Donahoe said that the company is using its resources to boost investment in categories like running, women's apparel and the Jordan brand.

The 30-share Sensex climbed 306.34 points or 0.43 per cent to 72,356.72 points and the broader 50-share Nifty rose 81.05 or 0.37 per cent to 21,991.80 points.

Forex traders said a strong American currency and elevated crude oil prices, however, weighed on the local unit

Forex traders said rupee is trading in a narrow range as strong American currency and elevated crude oil prices weighed on the local unit and restricted the uptick in the domestic unit.

The 30-share benchmark Sensex gained 115.89 points or 0.16 per cent to 71,938.72 points while the broader Nifty climbed 36.90 points or 0.17 per cent to 21,876.95 points.

Musk Advises Companies to Shift Incorporation Away from Delaware as SpaceX Moves to Texas

Visa further said that BPSPs are regulated and licensed by the RBI under the PA-PG (payment aggregators - payment gateways) guidelines.

The company had termed the reports to be entirely 'misleading, baseless and malicious'.

The Reliance stock had on Tuesday briefly touched Rs 20 lakh crore (trillion) market capitalisation but it ended the day at market capitalisation of Rs 19,93,881.61 crore.

The achievement underscores Tata Motors' steadfast dedication to safety, as all of its new SUV models have now earned a 5-star rating from Global NCAP.

The much-awaited motorcycle will be available in three variants – Base, Mid and Top at Hero MotoCorp dealerships across the country.

Jio's tweet cleverly suggests that 'home is where the heart is' with a romantic twist, subtly promoting JioAirFiber.

12 Million Shares Sold on February 9, Followed by Another 12 Million on Tuesday, BBC Reports

Forex traders noted weakened investor sentiment due to strong American currency and high international crude oil prices.

The broader 50-share Nifty tumbled 187.85 points or 0.86 per cent to 21,555.40 points while the 30-share Sensex crashed 675.79 points or 0.94 per cent to 70,879.40 points.

Under this model, Rapido plays no role in deciding the price point, making the service transparent and inclusive for all stakeholders.  

The central bank, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.