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Donald Trump's Presidential Victory has become one of the big news across the world and it is a damn the shocker. It can also be called as a 9/11 for us (India) in literal terms. The US has showered Trump with some sweet vote love and India PM Narendra Modi has shown the world that he can take few tough decisions putting common good above all. Now we can surely say that the Americans went for the known dumbness over choosing Trump over Hillary. The markets have not been that kind to the news. Trumps's victory has shaken global stock markets in the world especially India. Indian Stock Market In Lose: It led to Indian investors to lose nearly Rs 6 lakh crore in trade in the first 15 minutes of trade on BSE, according to the economy reports. In the first 15 minutes, the combined market capitalization of BSE stocks had fallen by Rs 57,3827.36 crore to Rs 105 lakh crore from Rs 111 lakh crore at the end of the previous session. As PM Modi's sudden and bold decision of scrapping ...

Rupee trims early gains, still up by 14 paise vs USD : The rupee pared its early gains, but was still higher by 14 paise against the US dollar at Rs 62.14 in late morning trade on Friday on sustained bouts of dollar selling by banks and exporters. The Indian currency resumed higher at 62.14 as against Thursday's close of 62.31 at the Interbank Foreign Exchange market in Mumbai. It further strengthened to Rs 62.05 on good bouts of dollar selling from banks before quoting at its opening level of 62.14 at 1100 hours. The local currency hovered in a range of 62.17-62.05 per dollar during late morning trade. In New York market, the US dollar was on the defensive against the basket currencies in early trade after soft US economic data halted its surge against peers such as the yen and euro while the market awaited further developments in Greek debt negotiations.