Business highlights

Business highlights

New Delhi, Nov 20 (PTI) Following are the top business stories at 2040 hours: DEL60 BIZ-LD RUPEE Rupee falls 12 paise to hit all-time low of 83.38 against US dollar Mumbai: The rupee declined by 12 paise to settle at its all-time low of 83.38 against the US dollar on Monday, tracking a negative trend in domestic equities.

DEL34 BIZ-LD-STOCKS Sensex, Nifty fall for 2nd day amid sell-off in auto, commodity stocks Mumbai: Benchmark equity indices Sensex and Nifty stayed on the back foot for the second straight session on Monday due to selling in auto, utility and commodity shares amid high valuation concerns and fresh foreign fund outflows.

DCM15 BIZ-MOODYS-BANK Higher risk weight on unsecured bank loans credit positive: Moody's New Delhi: The RBI's decision to tighten norms for unsecured personal loans is credit positive because lenders will need to allocate higher capital for such loans, thus improving their loss-absorbing buffers, Moody's Investors Service said on Monday.

DCM42 BIZ-EPFO PAYROLL EPFO adds 17.21 lakh net members in September New Delhi: Retirement fund body EPFO recorded a net addition of 17.21 lakh members in September, according to payroll data released on Monday.

DCM22 BIZ-SEBI Confused & surprised at investor interest in F&Os, long-term view will deliver better results: Sebi chief Mumbai: Sebi chairperson Madhabi Puri Buch on Monday said she is 'confused and surprised' at investor interest in Futures and Options (F&O) despite 90 per cent of individuals losing money in the segment.

DEL32 BIZ-GOLD-PRICE Gold falls Rs 50; silver declines by Rs 300 New Delhi: Gold prices eased by Rs 50 to Rs 61,770 per 10 grams in the national capital on Monday in line with weak global cues, according to HDFC Securities. PTI SHW

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