Tag: Sensex

The rupee pared initial gains to settle almost flat against the US dollar on Monday as subdued domestic equities offset the impact of a sharp decline in global crude oil prices.

The 30-share BSE benchmark was trading 648.25 points lower at 56,412.62. The NSE Nifty declined 185.3 points to 16,917.25.

The rupee pared initial losses to settle 4 paise higher at 76.53 (provisional) against the US dollar on Thursday, tracking positive domestic equities.

Foreign institutional investors continued their selling spree, offloading shares worth Rs 2,461.72 crore on Friday, according to stock exchange data.

Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 3,009.26 crore on Wednesday, according to stock exchange data.

The rupee declined 6 paise to close at 76.25 (provisional) against the US dollar on Monday, tracking the strength of the greenback overseas and elevated crude oil prices.

The key index was dragged down by heavyweights Infosys and HDFC Bank amid weak trend in Asian markets.

The rupee declined 11 paise to close at 75.95 (provisional) against the US dollar on Thursday as the hawkish stance of the US Federal Reserve affected investor sentiments in global markets and bolstered the American currency.

A hawkish US Federal Reserve, spiking crude oil prices and uncertainties associated with the war haven't diminished the enthusiasm of the bulls, Vijayakumar said.

The rupee slumped 31 paise to close at 76.15 (provisional) against the US dollar on Monday as rising crude oil prices and a lacklustre trend in domestic equities weighed on investor sentiment.

Ultratech Cement was the top performer in the Sensex pack, spurting 4.69 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Infosys, Bajaj Finserv and Bajaj Finance.

The rupee surrendered its early gains to trade 6 paise down at 76.60 against the US dollar on Tuesday as investors turned cautious ahead of the US Fed meeting amid growing uncertainty over the Russia-Ukraine conflict.

The rupee appreciated by 20 paise to close at 76.42 (provisional) against the US dollar on Thursday, supported by positive domestic equities and trends in state election results.

Sensex settled 2.3 per cent or 1,223 points up at 54,647 points, whereas Nifty 2.1 per cent or 332 points up at 16,345 points.

The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors to safe haven assets.