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#MarketsWithMC | #ClosingBell πŸ”” #Sensex up 246.47 points or 0.45% at 54,767.62, and the #Nifty up 62 points or 0.38% at 16,340.50.

πŸ‘‰#BSE midcap & #smallcap indices up 0.5% each.

πŸ‘‰Indian #rupee ends marginally higher at 79.94 after hitting record low 80.06 intraday.

πŸ‘‰ Top Gainers: Axis Bank, M&M, IndusInd Bank, UltraTech Cement & Apollo Hospitals.

πŸ‘‰ Top Losers: ONGC, Nestle India, HDFC Life, HCL Technologies & Tata Consumer Products.

πŸ‘‰Except oil & gas and pharma, all other indices end in the green, realty & PSU Bank gain over 2% each. https://bit.ly/3PDftTX
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#MorningTrade πŸ”₯ On the #WhatsTrending segment today, we talk to Ravi Krishnan of Moneycontrol about the #rupee fall.

πŸ”¦ In the spotlight today: Wipro, Ambuja Cements, L&T Fin, Grasim Ind.

Gautam Shah of Goldilocks answers your stock Qs.

πŸ”— https://www.youtube.com/watch?v=27Jm1v2_seQ
#DailyVoice πŸŽ™οΈ Depreciating #rupee is cause for concern but there's no reason to fret too much over it as it would not go down further as the global narrative shifts towards #recession, says Naveen Kulkarni of Axis Securities.

Read at ‡️
https://bit.ly/3Sj1a9f
#RupeeVsDollar | Should you be worried about the fall of the #Rupee? 😟

Indian Rupee is not the only currency that has depreciated in 2022. Many other currencies are falling with respect to the #Dollar & by much more.

Take a look at other depreciating currencies πŸ‘‡
The Indian #rupee hits a major fall against the #dollar. FII being the largest group of investors in the Indian #StockMarket may lead to rupee appreciation with its #investment and depreciation with its selling.

Does it actually affect the #EquityMarket? πŸ€”

πŸ“Ή Watch the video to know πŸ‘‡
https://www.youtube.com/watch?v=SjrkQ8Hqeug
#MarketsWIthMC: The #rupee weakened further to a fresh record low of 82.70 against the dollar on Monday, tracking losses in emerging markets on anticipation of aggressive tightening by the #US Federal Reserve.

Read at πŸ‘‡
https://bit.ly/3rNzihe
#NewsAlert 🚨 Rupee hits record low of 82.77 against US Dollar.

#Rupee #USDollar #RupeevsDollar
The fall in the #rupee’s exchange rate against the US #dollar is not concerning for India from a macroeconomic perspective due to the lower pass-through to #inflation and lower amount of foreign currency debt, Capital Economics has said.

Read at πŸ‘‡
https://bit.ly/3f1wsCF