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Market News

Location American Market News for 1 September 2013
Speculators stay away from non-deliverable forward market The gap between onshore and offshore rupee rates has widened, but speculators have not returned to the market
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Jorge Lorenzo ended Marc Marquez's four-race winning streak in MotoGP by triumphing at Silverstone in a thrilling finish. That after Marquez injured his shoulder in the warm-up.
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Mphasis beats the Street, but challenges remain

livemint.com - 1 Sep 2013 16:45
Mphasis beats the Street, but challenges remain Apart from the sluggish HP segment, the firm also has a reasonably high level of revenue earned in rupees
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Earnings downgrades likely to continue in the near term Weak demand, volatile currency rates, an unfavourable interest rate situation and the forthcoming elections increases the risk of slowdown in growth
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RBI has failed to curb rupee volatility

livemint.com - 1 Sep 2013 15:14
RBI has failed to curb rupee volatility The rupee's fall, as measured by standard deviation on a three-month rolling basis, was at the highest level in the past week
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