Why the rupee may hit all-time low today

The Indian rupee is set to open at a record low of 92.10-92.15 per US dollar on March 4, due to rising Middle East tensions, higher crude oil prices, and foreign fund outflows.

The Indian rupee is set to open at a record low of 92.10-92.15 per US dollar on March 4, due to rising Middle East tensions, higher crude oil prices, and foreign fund outflows.

Tata Power shares are trading at a 12-month forward Enterprise Value to EBITDA multiple of 10 times, which is lower than its long-term median of 11 times.

The plot is located in Sector 63A and forms part of the Golf Course Extension Road micro-market. The area has matured into a high-demand destination for residential, commercial and retail developments, Godrej Properties said.

Mahindra & Mahindra Limited will exit its agri-machinery business in Japan by FY27, citing structural headwinds, but will continue parts and warranty support for customers in Japan.

Five companies will see shares worth over ₹1,634 crore free up for trade, as their respective shareholder lock-in period ends this week. Out of these five companies, three are already trading below their issue price.

The KSE-30 Index declined 9.8% in the day. It later pared its decline to 7.3% after trading resumed post an hour-long halt.

The holiday calendars of the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) have offered clarity on the trading break for the festive holiday. The Indian stock markets will remain closed for Holi on March 3.

A combination of factors ranging from a stronger US Dollar to the sell-off on Wall Street could be attributed to the pressure seen on Gold prices on Tuesday.

Sensex Today | Stock Market LIVE Updates: On the upside, sustaining above 24,850 and then move towards 25,000 will be key for the index. 59,500 on the downside and 60,000 higher up are the key levels for the Nifty Bank.

The induction of these helicopters aims to enhance the Indian Coast Guard’s capabilities for safety of artificial islands, offshore installations, fishermen and the marine environment.