Tag: Indian Rupee Vs Usd

The rupee notched up gains for a third straight session on Monday, rising further by 16 paise to settle at 75.90 (provisional) against the US dollar as easing crude oil prices revived an otherwise lacklustre sentiment.

The rupee on Tuesday declined by 10 paise to close at an 18-month low level of 75.88 against the US dollar due to persistent foreign fund outflows and concerns over inflation.

"Both Sensex and Nifty closed with gains of over 1.5 per cent. Buying was witnessed in banking metals and auto stocks ahead of the RBI meeting on interest rates."

The rupee on Tuesday pared its initial gains to settle 10 paise lower at 75.17 (provisional) against the US dollar as investor concerns grew over fresh impact of new COVID variant on the economy.

The rupee on Friday plunged by 37 paise against the US dollar as investors turned cautious in view of massive selloffs in domestic equities and worries over a new variant of COVID-19.

The rupee depreciated by 12 paise to end at 74.42 (provisional) against the US dollar on Monday, as massive sell-offs in domestic equities and a strong greenback in the overseas market weighed on investor sentiments.

Equity benchmark Sensex rallied 767 points on Friday on heavy buying in index majors Infosys, HDFC Bank and Reliance Industries amid a positive trend in global markets.

The rupee tumbled by 32 paise to end at 74.37 against the US currency on Wednesday, weighed down by a muted trend in domestic equities and strength of the American currency in the overseas market.

The rupee gained 11 paise to close at 74.92 (provisional) against the US dollar on Thursday despite massive sell-offs in the domestic equity market as easing crude oil prices lent some support to the local currency.

Market benchmarks closed modestly lower on Tuesday after two days of gains. Meanwhile, gold rose by Rs 389 to Rs 46,762 per 10 gram.

The 30-share BSE index ended 185.93 points or 0.35 per cent lower at 52,549.66. Similarly, the broader NSE Nifty tumbled 66.25 points or 0.42 per cent to 15,748.45.

The 30-share BSE index closed 226.04 points or 0.43 per cent higher at record 52,925.04. Similarly, the broader NSE Nifty advanced 69.90 points or 0.44 per cent to 15,860.35.

The 30-share BSE index ended 271.07 points or 0.51 per cent lower at 52,501.98 on Wednesday. Meanwhile, gold dipped marginally by Rs 48 to Rs 47,814 per 10 gram

Equity benchmark Sensex rose 77 points to close at its all-time high on Monday, while the 30-share BSE index ended 76.77 points or 0.15 per cent higher at 52,551.53. Meanwhile, gold plunged Rs 464 to Rs 47,705 per 10 grams.

The 30-share Sensex finished 358.83 points or 0.69 per cent higher at 52,300.47. Intra-day, the index swung between a high of 52,346.35 and a low of 51,957.92.