Editor's Pick Sensex sinks on early trade The BSE SENSEX closed at 15881.14 down by 121.37 points or by 1.26% and the NSE Nifty ended at 4763.25 down by 37.35 points or by 0.78%.At 10.40 am IST BSE was seen trading at 15,690.45 down by 190.69 points or 0.69%. The 50-share NSE was at 4704.20 down by 59.05 points or 1.24%. Rupee weakens, breaches Rs 54 per dollar The Indian rupee crossed Rs 54 per dollar in early morning trade today, slipping by 61 paise. This situation is due to persistent demand for dollars from banks, importers and continuous foreign capital outflow. How to Invest in Banking Stocks Skyrocketing interest rates, rising NPAs, and high deposit rates have beaten down banking sector as a whole. The Bankex, (the index covering all banking stocks) is lowest in last 18 months ICICI Prudential MF Unveils One Year Fixed Maturity Plan ICICI Prudential Mutual Fund has unveiled a new fund named as ICICI Prudential Fixed Maturity Plan - Series 59 - 1 Year Plan F, a close ended debt scheme. The tenure of the scheme is 367 days. American Depositary Receipts - What should you know? Whenever we listen to any business channel, we normally find analysts discussing the price fluctuation of American Depositary Receipts (ADRs) of Indian companies. Currency Exchange Rates for INR 53.715 69.765 83.073 0.688 40.98 Money SMS Alert Early market trends; top trade picks, - via regular sms alerts on MTDY-MARKETS - for only Rs.10/month Subscribe to our RSS feed to get the latest on www.goodreturns.in Check Oneindia Money on your Mobile m.goodreturns.in Write in to us, to send us your feedback Greynium Information Technologies Pvt. Ltd. | Disclaimer, Terms of Service and Privacy Policy Note: You are receiving this email because you have an email account with Oneindia.in |