Stocks & rupees are falling as investors are concerned about US inflation
The NSE Nifty dropped 1.68 percent to 16,201.80 points. The rupee fell 0.1 percent to 77.84 per dollar at the close. US market indexes fell again on Friday as consumer inflation rose 8.6 percent in May, the highest pace since 1981, owing to a jump in fuel and food prices. Investors are afraid that central … Read more
