Since the scare of the new Covid variant-Omicron, the price of a cryptocurrency called Omicron has risen manifold. The price of this cryptocurrency had galloped 10 times in a span of two days. It jumped from $64 on November 27 to $692 on November 29. However, it settled at around $420 per Omicron on Tuesday. Analysts say that this surge was purely due to the name it shares
Since the scare of the new Covid variant-Omicron, the price of a cryptocurrency called Omicron has risen manifold. The price of this cryptocurrency had galloped 10 times in a span of two days. It jumped from $64 on November 27 to $692 on November 29. However, it settled at around $420 per Omicron on Tuesday. Analysts say that this surge was purely due to the name it shares
The rupee opened at 73.96 against the US dollar, compared to the previous close of 73.79.
The dollar has been firm so far this holiday-shortened week on fears about a fast-spreading new coronavirus strain that was discovered in the UK, prompting investors to seek safety in the greenback.
The development has led to many countries blocking air travel to and from the UK. India’s aviation ministry also announced suspension of flights from the UK until the end of the year over fears of a new strain of the coronavirus.
On Monday, the Indian Rupee closed weak against the US Dollar as risk increased throughout the region due to the new strain of Covid-19. Data says this Variant is up 70 per cent more transmissible than the original one.
Share Market Highlights: Sensex ends 452 points higher, Nifty at 13,466; Infosys, HCL Tech top gainers December 22,2020 17:34 IST
Sensex, Nifty Highlights on December 22: After a 3% fall on Monday, market indices reversed the trend and closed sharply positive on Tuesday, amid mixed global equities as additional US stimulus package capped losses after the new COVID-19 strain in the UK triggered a global selloff
Closing
After a 3% fall on Monday, market indices reversed the trend and closed sharply positive on Tuesday, amid mixed global equities as additional US stimulus package capped losses after the new COVID-19 strain in the UK triggered a global selloff. Recovering from earlier losses in a volatile trading session, Sensex ended 452 points higher at 46,006 and Nifty gained by 137 points to 13,466
Share Market Highlights: Sensex ends 452 points higher, Nifty at 13,466; Infosys, HCL Tech top gainers December 22,2020 17:34 IST
Sensex, Nifty Highlights on December 22: After a 3% fall on Monday, market indices reversed the trend and closed sharply positive on Tuesday, amid mixed global equities as additional US stimulus package capped losses after the new COVID-19 strain in the UK triggered a global selloff
Closing
After a 3% fall on Monday, market indices reversed the trend and closed sharply positive on Tuesday, amid mixed global equities as additional US stimulus package capped losses after the new COVID-19 strain in the UK triggered a global selloff. Recovering from earlier losses in a volatile trading session, Sensex ended 452 points higher at 46,006 and Nifty gained by 137 points to 13,466