Tag: Vinod Nair

US rate-hike fear, weak rupee pull equity indices lower

Caution over a US Federal Reserve rate-hike in December, coupled with a weak rupee and profit booking by investors, pulled the key Indian equity indices lower to close in the red on Thursday. According to market observers, an upsurge in pharma heavyweights like Dr. Reddy’s Lab, Lupin, Cipla and Sun Pharma, along with pumping in...

September 21, 2017