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Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%
Stock market wrap: Reliance alone contributed 231 points to the 30-share benchmark. Maruti, M&M and NTPC were the other major gainers. The Metal and IT sector witnessed selling pressure.
 "Sensex rises 203 pts, Nifty ends near 17,800; Maruti zooms 5%, RIL 3%")
Sterling rises as Sunak prepares to become PM, euro awaits ECB hike
Sunak will become Britain's next prime minister, Downing Street said on Monday. Sunak was due to meet King Charles on Tuesday morning before speaking outside No. 10 Downing Street
 "Sterling rises as Sunak prepares to become PM, euro awaits ECB hike")
Dollar wavers with ECB minutes and Friday's US jobs data in focus
Sterling gained 0.35% to $1.1359, and the dollar also slipped 0.5% against the Swiss franc to 0.9791 francs
 "Dollar wavers with ECB minutes and Friday's US jobs data in focus")
ECB expects slow economic activity as interest rates continue to rise
ECB expects economic activity in Europe to slow down substantially in coming months, due to skyrocketing prices, decreased spending power and overall uncertainty, ECB President Christine Lagarde said.
 "ECB expects slow economic activity as interest rates continue to rise")
Dollar set for weekly loss as traders eye more ECB hikes, US inflation data
Profit-taking after a sharp extension of the dollar's long rally also took hold and the pullback was broad
 "Dollar set for weekly loss as traders eye more ECB hikes, US inflation data")
Gold struggles for direction as investors focus on ECB, Powell's comment
Investors are expecting the ECB to go for a hefty rate hike to combat soaring inflation. The policy decision is due at 1215 GMT
 "Gold struggles for direction as investors focus on ECB, Powell's comment")
Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg
The price of silver dipped Rs 1,100 per kg with the metal trading at Rs 52,800
 "Gold, silver prices decline in early trade, silver selling at Rs 52,800/kg")
ReNew Power raises $1 billion through ECB for battery-enabled project
Gurgaon-based ReNew Power has raised a $1-billion project loan through external commercial borrowings, tying up with 12 international banks for the finance.
 "ReNew Power raises $1 billion through ECB for battery-enabled project")
With inflation at 8.9%, Europe bond rally at risk of complacent market
With the worst yet to come in Europe, strategists say policy makers may hike more aggressively than many expect, upending a bond rally that some say has gone too far
 "With inflation at 8.9%, Europe bond rally at risk of complacent market")
HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing
This transaction is the largest social loan globally, the first social external commercial borrowing (ECB) loan out of India and the largest ECB loan deal from a HFC or private NBFC in India
 "HDFC Ltd secures $1.1 bn syndicated social loan for affordable housing")
Bulk of India Inc's overseas debt is hedged: RBI governor Shaktikanta Das
Comments follow huge pressure on ruper versus the dollar due to record outflows from domestic equity markets amid elevated commodity prices and higher US interest rates
 "Bulk of India Inc's overseas debt is hedged: RBI governor Shaktikanta Das")
Gold bounces back as dollar slips on ECB rate hike, economic risks grow
(Reuters) - Gold bounced off a one-year low, gaining over 1% on Thursday, benefiting from some safe-haven interest amid economic concerns as the dollar eased.
 "Gold bounces back as dollar slips on ECB rate hike, economic risks grow")
ECB raises rates for first time in 11 years to fight off runaway inflation
European stocks and bonds slumped and the euro rose after the European Central Bank raised rates by a larger-than-expected 50 bps
 "ECB raises rates for first time in 11 years to fight off runaway inflation")
Gold prices falls to near one-year low as ECB rate hike fears loom
Gold rates have slumped to a nearly one-year low over ECB rate hike fears. Oil prices have also followed suit
Dollar edges down vs euro as traders eye ECB's rate decision on Thursday
NEW YORK (Reuters) -The U.S. dollar edged lower against the euro on Wednesday in a choppy session, but its losses were capped as traders were hesitant to drive big moves ahead of a crucial European Central Bank policy decision on Thursday.
 "Dollar edges down vs euro as traders eye ECB's rate decision on Thursday")
Rupee crossing 80 to the dollar is nothing to be startled about
While the impact on other currencies has been sharp with most of them depreciating, the rupee has done well, being somewhere in the middle
How the RBI is creating conditions for foreign flows to come back to India
The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment to attract dollars through banking deposits, ECB, FPI
 "How the RBI is creating conditions for foreign flows to come back to India")
RBI measures a step in right direction but forex inflows still seen limited
RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India
 "RBI measures a step in right direction but forex inflows still seen limited")
Euro below $1.06 as Christine Lagarde keeps July policy options open
Oil prices are up 10% in barely a week on supply constraint concerns with Brent crude holding above $117, pushing the Canadian dollar and the Australian dollar up 0.3% and 0.4% respectively
 "Euro below $1.06 as Christine Lagarde keeps July policy options open")
Dollar treads water as stock markets reassess rate hike bets; ECB eyed
US Federal rate hikes are being counted on while share market investors are hedging their bets, leading to a Dollar drop
 "Dollar treads water as stock markets reassess rate hike bets; ECB eyed")