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Indian Stocks Rise Marginally on Global Signals | News

November 23, 2022, 6:34 PM ISTSource: ANI

Indian stock indices extended their gains from the previous session in line with strength in US markets overnight. At the time of writing this report, Sensex was trading at 61,519.68 points, an increase of 100.72 points or 0.16 percent, while Nifty was trading at 18,275.75 points, an increase of 31.55 points or 0.17 percent. On Tuesday, markets started sluggish, but indices rallied to finish with nice gains, aided in particular by a recovery in European markets. Nigam said some stock specific moves can be seen in stocks like FSN E-Commerce as CFO Arvind Agarwal reportedly resigned to pursue other opportunities, Vedanta when the board of directors declared the third interim dividend for FY23 of Rs 17.5 per share approved, and DCW as the company will invest Rs 125 crore in capacity expansion. Meanwhile, however, the rupee has depreciated slightly this morning. It opened at 81.80 against the US dollar against its previous close of 81.67. In October, the rupee crossed the 83 mark for the first time in its history. So far this year, the rupee has depreciated by about 8-9 percent.

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