Re may not weaken beyond 39.85: HDFC Bk (CNBC TV 18, moneycontrol.com)The currency market is going to get important as we step into earnings and it's been showing some strength to dollar for itself globally. Ravi Pai, Head Forex & Derivatives at HDFC Bank, believes the rupee will not break the current range in the next couple of weeks or so. It may weaken a bit, but not beyond 39.85, reports CNBC-TV18. More
The Royal Bank of Scotland (RBS) has picked up 0.60% stake in logistic services provider -- Gateway Distriparks. The bank has bought 6.40 lakh shares in the company for a total consideration of Rs 8.32 crore. Gateway Distriparks, incorporated in 1994, is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form.
Comments