The GRS Solution | Best Stock Trading Services Provider

The GRS Solution is Leading Firm Provide Stock Trading Services. All in Equity, Commodity & Forex, SEBI Registers ISO Certified your Stock Trading Partner.

The GRS Solution is Leading Firm Provide Stock Trading Services. All in Equity, Commodity & Forex, SEBI Registers ISO Certified your Stock Trading Partner.

Stock Market Update

Search This Blog

Friday 23 August 2019

Rupee at low of its 8-month ; here the 3 stocks that make you earn profit ...



The grs solution

A failing of rupee is not a good indication for the market as it shows that foreign investors are bearish on the market and exiting their positions

Trading at its lowest level since December 2018, Today Indian rupee opened lower by 10 paise at 71.91 Rs per $ on August 23 versus the previous close of  71.81 Rs.

The domestic currency looks set for the biggest monthly fall in 6 years as it is down 4.6 percent this month and 3.1 percent in 2019.

At a time market has worry about trade war, weakening the economy and lacklustre corporate earnings, the fall in rupee can only aggravate the outflow of foreign funds.


Here are 3 stocks that are likely to gain from rupee's fall:


Infosys: The stock remains one of the preferred bet because of the company’s consistent performance, strong management, positive sector outlook and stable long term growth prospects.


Tata Consultancy Services: India’s largest IT company offers its services to a wide range of industries such as BFSI, manufacturing, telecom, retail, transportation and insurance.

It has over 4.2 lakh consultants present in over 50 countries. In terms of revenue, 51 percent of its business comes from North America.


Wipro: Wipro will be one of the beneficiaries of a falling rupee as it means higher dollar earnings for IT firms. "The exact impact of rupee depreciation depends upon each company’s hedging policy as well as the proportion of offshoring business.

Share Market Free Tips

For Quick Trial – 62329-95233 |


or mail us here:info@thegrssolution.com



or visit www.thegrssolution.com
Finance & Investment Websites - OnToplist.com