Here Are a Few Relevant Results "TATA"

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  • The Indian rupee is expected to see some recovery in opening trades tracking weakness in dollar overseas. The greenback stays on the sidelines ahead of the speech from Federal Reserve (Fed) chair Jerome Powell, which is scheduled later in the global day. Meanwhile, Asian stock markets are trading mixed on Tuesday, following the broadly negative cues from Wall Street overnight, as traders remain cautious and continued to refrain from creating fresh long positions. They are likely to keep an eye on remarks by US Federal Reserve Chair Jerome Powell later in the day for additional clues about the outlook for further rate hikes. On Monday, rupee fell by 67 paise to close at 82.77 against the US currency. At the interbank foreign exchange market, the rupee opened at 82.35 against the greenback, and fell to an intra-day low of 82.77.

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