Mumbai: Positive global cues and recovery in the Indian rupee lifted the benchmark S&P BSE Sensex and NSE Nifty50 to provisionally end at record closing highs on Monday. Heavy buying activity was witnessed in capital goods, metal and oil and gas stocks, analysts said. Earlier in the day, both the indices — BSE Sensex and […]
Mumbai: Wider trade deficit, along with recent outflow of foreign funds, weakened the Indian rupee to a fresh record low during the early morning trade session on Thursday. At 9.45 a.m., the rupee traded at 70.18-19 after it had plunged to 70.32-33 — the lowest ever — against the greenback. On Tuesday morning, the Indian […]
Mumbai: Fears over a rise in global protectionist measures, along with a strong US economy, dragged the Indian rupee to a fresh intra-day low of over 70 against a US dollar during the pre-afternoon hours on Tuesday. Around 11.00 a.m., the rupee plunged to 70.08 to a US dollar. However, soon afterward the Reserve Bank […]
Mumbai: The Indian rupee’s movement, coupled with fluctuations in global crude oil prices, are expected to drive investor sentiments on the key domestic equity indices during the upcoming week. Besides, equity market participants will monitor the monthly automobile sales data along with production figures for eight core industries (ECI) in June and the direction of […]
Mumbai: The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers amid rising crude prices and foreign fund outflows. At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs […]
Mumbai: The rupee appreciated by 33 paise to 69.39 against the US dollar in opening trade Monday, driven by strong gains in domestic equities and weakening of the greenback in overseas markets. The rupee opened strong at 69.38 at the interbank forex market against previous close of 69.72 per dollar amid sustained foreign fund inflows […]
Mumbai: The rupee deprecated by 23 paise and fell to 69.70 per dollar mark in early trade Wednesday amid strengthening of the American currency and lower opening in domestic equities. Forex traders said sustained foreign fund outflows also weighed on the local unit. However, lower crude oil prices capped the losses. At the Interbank Foreign […]
Mumbai: The rupee gained 19 paise against the US dollar Wednesday to trade at 69.95 after increased selling of the US currency by exporters and banks. However, a lower opening of the domestic equity markets capped the rise, dealers said. At the Interbank Foreign Exchange, the rupee opened on a strong note at 69.79 a […]
Mumbai: The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar’s strength against some currencies overseas weighed on the rupee […]
Mumbai: Domestic benchmark indices ended on a negative note after a choppy session Friday amid weak global cues as the US Fed hinted at a rate hike next month. The 30-share Sensex fell 79.13 points, or 0.22 per cent, to close at 35,158.55. The broader NSE Nifty lost 13.20 points, or 0.12 per cent, to […]
Mumbai: The rupee slumped to a fresh record low of 71 against the dollar for the first time ever by falling 26 paise on persistent demand for the US currency amid rising crude prices. At the Interbank Foreign Exchange (Forex) market, the local currency opened lower at 70.95 a dollar and slipped further to hit […]
Mumbai: The rupee firmed up by 10 paise to 70.06 against the US dollar in early trade at the Interbank Forex market today on selling of the American currency by exporters and banks amid fresh foreign funds inflow. Besides, the dollar’s weakness against other currencies overseas gave the rupee strength, dealers said. They said a […]
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 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE opened at 36,138.83 points and touched a high of 36,230.99. The Sensex touched a low of 36,129.66 points. On Tuesday, the Sensex closed at 35,973.71 points. The Sensex is trading […]
Mumbai: The rupee appreciated by 32 paise to 69.70 against the US dollar in opening trade Tuesday, amid easing crude prices and weakening of the greenback vis-a-vis some currencies overseas. The rupee opened strong at 69.83 at the interbank forex market, then gained further ground to touch 69.70 per dollar, displaying gains of 32 paise […]
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