he dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.16 per cent to 114.235.
In the previous session, the rupee had settled at 77.55 against the American currency.
On the domestic equity market front, the 30-share Sensex was trading 550.53 points or 0.94 per cent higher at 59,413.10, while the broader NSE Nifty advanced 165.90 points or 0.94 per cent to 17,742.75.
On the domestic equity market front, the 30-share Sensex was trading 383.54 points or 0.64 per cent lower at 59,715.28, while the broader NSE Nifty declined 99.45 points or 0.55 per cent to 17,838.95.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent at 92.97.
The Indian rupee continued to depreciate on Wednesday amid a strengthening dollar across currencies globally
Mumbai: The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising crude oil prices and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar, showing a […]
Mumbai: The rupee pared initial gains to settle almost flat at 71.71 against the US dollar on Monday as rising crude oil prices kept investors edgy. Rising crude oil prices and foreign fund outflows weighed on the domestic currency, forex dealers said. Crude oil spurted 0.44 per cent to USD 61.81 per barrel in anticipation […]
Mumbai: Logging its first fall in eight sessions, the Indian rupee on Monday plunged by 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia’s oil facilities. Surging crude oil prices have emerged as major fears for India — the world’s third largest oil importer […]
Mumbai: Equity benchmark Sensex climbed 154 points to end at a fresh all-time high on Monday, tracking gains in ICICI Bank, L&T and Kotak Bank amid persistent foreign fund inflows and a largely positive trend in global markets. After touching its record intra-day peak of 46,373.34 during the day, the 30-share BSE index ended 154.45 […]