U.S. stocks, bonds, and the dollar see small moves at start of busy week for central banks

India 's benchmark stock indices closed lower on Monday , led by declines in HDFC Bank Ltd. and Reliance Industries Ltd. The local currency weakened 9 paise to close at its all-time weakest level of 83.27 against the U.S. dollar on Monday .

Domestic institutional investors remained net buyers and mopped up equities worth Rs 552.55 crore.

Mumbai -based wire and cable manufacturer plans to raise Rs 180 crore via a fresh issue and Rs 1,784 crore through an offer for sale.

The price band is fixed between Rs 366 -385 per share.

The IPO was subscribed 18.69 times on its final day .

The local currency depreciated 9 paise to close at its all-time weakest level of 83.27 against the U.S. dollar.

As per intraday trade, Rs 83.29 per dollar remains the weakest-ever level the rupee touched on Oct. 10, 2022 .