The Indian Rupee started on a weaker note this Thursday against the greenback as the US Dollar surged higher after the Fed's hawkish statement, Reliance Securities said in a research note.
Mumbai: The Indian rupee appreciated by 14 paisa to 74.59 against the US dollar in opening trade on Tuesday, supported by positive domestic equities. At the interbank forex market, the…
Mumbai: Equity benchmark Sensex plunged 580 points, tracking heavy profit-booking in financial stocks on Thursday amid a weak trend in global markets. After briefly touching its record intra-day high of 44,230 in a volatile session, the 30-share BSE index ended 580.09 points or 1.31 per cent lower at 43,599.96. Similarly, the broader NSE Nifty hit […]
New Delhi: Fears of a slower global recovery due to rising cases of Covid-19 infections in Europe and the US will cast pressure on the Indian rupee next week. Additionally, the rupee is expected to get weaker on account of uncertainties prevailing on the back of upcoming US Presidential Election which will be held on […]
Mumbai: The Indian rupee appreciated by 33 paise to 72.43 against the US dollar in early trade on Tuesday tracking positive opening in domestic equities. At the interbank foreign exchange the rupee opened at 72.50, then gained further ground and touched a high of 72.43 against the US dollar, registering a rise of 33 paise […]
Mumbai: The Indian rupee appreciated by 20 paise to 72.04 against the US dollar in early trade on Monday tracking positive opening in domestic equities and weakening of the American dollar in the overseas market. At the interbank foreign exchange the rupee opened at 72.09, then gained further ground and touched a high of 72.04 […]
Mumbai: The Indian rupee lost 16 paise to close at 71.38 against the US dollar on Thursday amid steady rise in crude oil prices and strengthening of the greenback overseas. Forex traders said the rupee is trading in a narrow range amid lack of directional cues from the global market. At the interbank foreign exchange […]
Mumbai: The Indian rupee opened on a flat note and fell 5 paise to 71.17 against the US dollar in early trade on Monday tracking muted opening in domestic equities. At the interbank foreign exchange, the rupee opened at 71.15 then fell to 71.17 against the US dollar, showing a decline of 5 paise over […]
New Delhi: The Indian rupee is likely to continue its weak trend against the dollar due to a probable rise in volatility in the international financial markets. According to the Reserve Bank of India’s (RBI) Monetary Policy Report for October 2019, rising protectionism, slowdown in global trade may increase volatility in the financial markets. “The […]
Mumbai: The Indian rupee opened 24 paise down at 71.36 against the American currency on Thursday after the US Federal Reserve cut its benchmark interest rate. At the interbank foreign exchange the domestic currency witnessed heavy volatility in early trade. The rupee opened at 71.36 per US dollar then touched a high of 71.15 and […]
Mumbai: The rupee opened on a cautious note and fell 28 paise to 71.88 against the US dollar in early trade on Tuesday amid rising demand for the US dollar vis-a-vis other currencies overseas. Forex traders said the drone attacks on Saudi Arabia’s oil facilities have enthused demand for safe heaven assets like the US […]
Mumbai: The rupee appreciated by 12 paise to 71.67 against the US dollar in early trade on Friday following positive developments in the US-China trade talks. Besides, firm trend in domestic equity markets and easing crude oil prices also revived the rupee sentiment, forex dealers said. At the interbank foreign exchange, the rupee opened strong […]
Mumbai: The rupee depreciated marginally by 9 paise to 71.57 against the US dollar in early trade on Wednesday amid unabated foreign fund outflows and cautious opening in domestic equities. Forex traders said concerns about US-China trade spat kept market participants edgy. Rupee and most Asian currencies like South Korean won, Thai Baht, Malaysian ringgit, […]
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 appreciated by 22 paise to 70.47 against the US dollar in early trade on Friday, tracking gains in domestic equities amid reports of a meeting between foreign investors and finance ministry officials regarding higher tax surcharge during the day. At the interbank foreign exchange, the rupee opened at 70.54, then gained momentum […]
Mumbai: The rebounded by 18 paise to 70.71 against the US dollar in early trade on Thursday, a day after the Reserve Bank of India cut the key interest rate by 35 basis points. At the interbank foreign exchange, the rupee witnessed high volatility against the US dollar. The local unit opened strong at 70.80 […]
Mumbai: The rupee on Friday declined by 26 paise to 69.32 against the US currency in early trade, due to strong dollar demand from banks and importers amid unabated foreign fund outflows. Forex traders said market sentiment took a hit after the US announced additional 10 per cent tariff on USD 300 billion in Chinese […]
Mumbai: The rupee tumbled 41 paise to 69.20 against the US dollar in early trade on Thursday amid unabated foreign fund outflows and rising crude oil prices. Forex traders strengthening of the greenback vis-a-vis other currencies overseas and cautious opening in domestic equities weighed on the local unit. Forex traders said though the US Federal […]
Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note. News of Cafe Coffee Day owner’s death shocked investors and led them to panic selling of the company’s stocks. The Sensex of the BSE opened at 37,257.55 and touched a high of 37.275.62. The Sensex touched a low of 37,135.93. CCD stocks […]
Mumbai: Equity benchmark BSE Sensex on Tuesday rallied over 250 points on heavy buying in auto and banking stocks amid positive cues from other Asian markets and US-China trade talks. The 30-share index was trading 256.08 points, or 0.68 per cent, higher at 37,942.45. Similarly, the 50-share NSE Nifty rose 74.35 points, or 0.66 per […]
Mumbai: Equity benchmark BSE Sensex and NSE Nifty were trading on a cautious note in the morning trade on Monday following weak cues from Asian peers amid sustained foreign fund outflow. The 30-share index was trading 33.48 points or 0.09 per cent higher at 37,916.27 in the morning trade; while the broader Nifty was slightly […]
Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note. The Sensex of the BSE opened at 37,990.25 points and touched a high of 38,102.94 points, and a low of 37,939.77 points. The Sensex is trading at 38,071.11 points up by 88.37 points or 0.23 per cent from its Tuesday’s close at […]
Mumbai: The Sensex traded slightly lower amid heavy outflow of foreign funds on Tuesday and caution ahead of key quarterly results. Monday saw the Foreign Institutional Investors (FIIs) selling nearly Rs 2,000 crore worth of stocks, the highest single day selling this month. On Tuesday later, FMGC major Hindustan Unilever, Larsen & Toubro, Zee Entertainment […]
Mumbai: The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex losing over 300 points. The Nifty50 on the National Stock Exchange was also down over 100 points, continuing the bearish trend after the government tweaked the tax on “super rich” adversely impacting the foreign portfolio investors. At 9.52 […]
Mumbai: Sensex and Nifty fell after opening higher on Friday, dragged by auto and PSU Bank stocks. At 10.21 the benchmark Sensex traded 226.73 points lower at 38,670.73 after opening at 39,058.73. On Thursday it closed at 38,897.46. The broader Nifty traded 83.70 points lower at 11,513.20. Meanwhile Foreign Institutional Investors continued to be in […]
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