Tag: Rupee

Global cues, rupee dent equity indices

Mumbai: Broadly negative Asian markets, along with a slightly weak rupee and profit booking dragged the key domestic equity indices in the red during Monday’s morning trade session. In addition, heavy selling pressure was witnessed in banking, auto and consumer durable stocks. The Indian rupee opened on a weaker note at 72.88 per US dollar […]

  • Thursday, 08 July 2021
Key equity indices open in red

Mumbai:The 30-scrip S&P BSE Sensex on Friday opened in the negative territory taking cues from its Asian peers. Heavy selling pressure was witnessed in finance, banking and metal counters. The Sensex of the BSE opened at 33,776.80 from its previous close at 33,690.09 on Wednesday. At 9.20 a.m., the Sensex traded at 33,553.39 down by […]

  • Thursday, 08 July 2021
reserve-bank
Likely RBI intervention helps rupee recover from record low

New Delhi: A likely intervention by the country’s central bank along with expectations of some short-term measures in the upcoming monetary policy to curb currency fluctuations aided the Indian rupee to recover on Thursday from its new record low of 73.82 to a US dollar. The Indian rupee closed at 73.58 per US dollar, 24 […]

  • Thursday, 08 July 2021
BSE
Weak rupee, inflationary pressure fears drag equity indices lower

Mumbai: Rise in crude oil prices, along with a weak rupee and outflow of foreign funds, dragged the key domestic equity indices lower over 1 per cent on Wednesday. In addition, fears over the Reserve Bank of India (RBI) turning more hawkish in its monetary policy stance due to a rise in inflationary pressure also […]

  • Thursday, 08 July 2021
equity-indices
Equity indices end at record closing levels; Nifty50 closes above 11,500

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 […]

  • Thursday, 08 July 2021
sensex
Global cues, rupee to chart course of equity indices

Mumbai: Fears over a rise in global protectionist measures, along with rupee movement and direction of foreign funds, are likely to chart the course of major domestic equity indices during the week starting on August 20. “Global risk will drive the market sentiments next week. The news on US-China talks to resolve trade disputes later […]

  • Thursday, 08 July 2021
MC1
Forex reserves comfortable to counter rupee fall, says Jaitley

New Delhi: A day after the rupee fell to its record low, Union Minister Arun Jaitley said on Wednesday that India holds sufficient foreign exchange reserves to mitigate any undue volatility in the foreign exchange market. Geo-political pressures, along with outflows of foreign funds and high crude oil prices dragged the Indian rupee to its […]

  • Thursday, 08 July 2021
National Stock Exchange
Equities rise on positive global cues, strong rupee

Mumbai: Positive global cues, along with a strong rupee and healthy buying in banking, capital goods and consumer durables stocks, gave a fillip to the Indian equity markets on Wednesday. The key indices closed with gains close to half a per cent each. The wider 51-scrip Nifty of the National Stock Exchange (NSE) retained its […]

  • Monday, 05 July 2021
equity
Indian equities close with gains, banks stocks surge

Mumbai: Healthy buying in banking stocks pushed the Indian equity markets higher on Friday, coupled with broadly positive European indices, a marginally strong rupee and foreign funds’ inflows. The key indices provisionally closed the day’s trade in the green. The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 21.70 points or 0.24 per […]

  • Monday, 05 July 2021
Rupee sees high volatility
Rupee falls 27 paise to 69.70 against US dollar

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 […]

  • Tuesday, 29 June 2021
Rupee sees high volatility
Rupee gains 20 paise to 69.75 against dollar in opening trade

Mumbai: The rupee appreciated 20 paise to 69.75 against the US currency in opening trade Monday amid weakening of the American unit and positive opening in the domestic equity market. Forex traders said weakening of the US dollar against some currencies overseas aided the local unit. Meanwhile, the dollar index, which gauges the American currencies […]

  • Tuesday, 29 June 2021
Rupee sees high volatility
Rupee surges 19 paise against dollar in early trade

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 […]

  • Tuesday, 29 June 2021
Rupee sees high volatility
Rupee rises 37 paise to 71.19 against US dollar on falling crude prices

Mumbai: The rupee appreciated 37 paise to 71.19 against the US dollar in early trade at the interbank foreign exchange Tuesday after crude prices fell to a 14-month low level in international market. The rise in the rupee was also supported by dollar-selling by exporters and banks and the US unit’s weakness against some currencies […]

  • Tuesday, 29 June 2021
Sensex cracks over 300 pts, Nifty drops below 10,700

Mumbai:The BSE benchmark Sensex cracked over 300 points and the NSE Nifty fell below 10,700 in early trade Thursday on heavy selloff in metal and oil stocks ahead of the Opec meeting to discuss production policy, amid weakness in Asian equities. Global investor sentiment was weak as the chances of peaceful trade negotiations between the […]

  • Tuesday, 29 June 2021
Sensex drops over 100 pts on weak global cues, rising crude prices

Mumbai:The BSE benchmark Sensex dropped over 100 points in early trade Tuesday amid mixed cues from other Asian markets, rising crude prices, weak rupee and heavy selling by domestic institutional investors. The 30-share index was trading 133.27 points, or 0.37 per cent, lower at 36,107.73 at 0945 hrs. The index had closed with a marginal […]

  • Tuesday, 29 June 2021
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