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Fitch Ratings has said the second wave of infections poses increased risks for India’s fragile economic recovery and its banks
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At the interbank foreign exchange, the rupee opened at 74.97 then lost further ground and fell to 75.14 against the US dollar, showing a decline of 41 paise over its previous closing
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DLF Ltd has lost 17.06% over last one month compared to 11.6% fall in S&P BSE Realty Index index and 5.09% drop in the SENSEX
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The 30-share BSE index traded 1,427 points lower at 48,164.32, while the broader NSE Nifty plunged 432 points to 14,402.95
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The scrip traded 6.25% higher at Rs 782.50 at around 10 am (IST). On the other hand, the benchmark BSE Sensex was down 1,175 points, or 2.37%, at 48,415 at around the same time.
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The benchmark BSE Sensex traded 1,155 points, or 2.33%, down at 48,436.
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Upstox, which is backed by investors like Tiger Global and Ratan Tata, has over three million users
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On the macro front, the Industrial Production and Manufacturing Production data for February will be released today, 12 April 2021.
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Here is the list of top stocks that could be in focus on April 12.
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In August 2019, Infosys had bought back 11.05 crore of its shares under its Rs 8,260-crore buyback offer