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Banking sector boosts markets; Sensex up 409 points
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SME Times News Bureau | 31 Jul, 2015
Capital infusion in banks, clarity on retrospective tax on capital gains and expectations of a rate cut by the apex bank cheered investor sentiments and boosted Indian equity markets on Friday.
The positive cues propelled the barometer 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE) to provisionally close the day's trade up by 409 points or 1.48 percent.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains and provisionally closed 111 points or 1.32 percent up at 8,532.85 points.
The S&P BSE Sensex, which opened at 27,814.51 points, provisionally closed at 28,114.56 points (3.35 p.m.) -- up 409.21 points or 1.48 percent from the previous day's close at 27,705.35 points.
The Sensex touched a high of 28,161.17 points and a low of 27,814.51 points in the intra-day trade.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
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