[Mumbai]Rupee Shining Against US Dollar For 5th Consecutive Day:1$ V/S Rs 67.36
Indian Rupee Builds on Gains, up 18 Paise against Dollar
Hardening for the fifth consecutive day, the rupee today appreciated another 18 paise to trade at a 7-week high of 67.36 against the dollar
Yesterday, the rupee had surged 31 paise to end at a nearly seven-week high of 67.54 on persistent selling of dollars by banks and exporters in view of fresh foreign capital inflows.
Meanwhile, the benchmark BSE Sensex advanced 227.59 points, or 0.94 per cent, to trade at 24,470.57 in early deals.
Tag: BSE Sensex
Rupee Shining Against US Dollar For 5th Consecutive Day:1$ V/S Rs 67.36
Indian Rupee Recovers by 31 Paise Against U S Dollar in Early Trade
[Mumbai] Indian Rupee Recovers by 31 Paise Against U S Dollar in early trade
Indian rupee recovered by 31 paise to 67.76 against U S dollar in early trade today, snapping the three-day falling streak on fresh selling of the US currency by banks and exporters.
The rupee had lost 9 paise to close at 68.07 in yesterday’s trade on sustained demand for the US currency from banks and importers amid falling crude prices and foreign capital outflows.
Meanwhile, the benchmark BSE Sensex recovered by 226.10 points, or 0.93 per cent, to trade at 24,449.42 in early deals.
Sensex Down 75 pts And Rupee Declined By 17 Paise
[Mumbai] Sensex Down 75 pts And Rupee Declined By 17 Paise despite positive economic data And Beginning Of Festive Season
The benchmark BSE Sensex fell over 75 points in early trade today on profit booking by investors in recent gainers despite positive macroeconomic data.
The 30-share barometer, which had lost 175.40 points in yesterday’s session, was trading down 75.45 points, or 0.28 per cent, at 26,828.66, with metal, IT+teck+banking+auto stocks leading the losses.
On similar lines, the NSE Nifty shed 22.90 points, or 0.28 per cent, at 8,120.70 points.
Indian rupee declined by 17 paise to 64.92 against the dollar in early trade today on increased demand for the US currency from importers.Besides, early losses in domestic equity markets weighed on the rupee,
The dollar was weak against major world currencies which capped rupee losses,
The rupee had shed 1 paisa to close at 64.75 against the US currency in the previous session.
Market Preparing To Welcome September By Climbing Sensex 350 pts
[Mumbai] Market Preparing To Welcome September By Climbing Sensex 350 pts
The benchmark BSE Sensex rallied over 350 points to 26,582.13 in early trade today on continued buying by investors as the September series in the derivatives segment began on a strong note.
The Nifty of National of Stock Exchange regained the 8,000-mark by rising 113 points.
The 30-share Sensex, which had gained 516.53 points in yesterday’s session, rose further by 350.94 points or 1.33 per cent to 26,582.13 points.
Led by realty, metal, IT and oil & gas, all the sectoral indices of BSE were in the positive zone.
The NSE Nifty reclaimed 8,000-mark by climbing 113.00 points, or 1.42 per cent at 8,061.95.
Among other Asian markets, Japan’s Nikkei gained 2.77 per cent,Shanghai Composite index rose 2.17 per cent, while Hong Kong’s Hang Seng was up 1.66 per cent in early trade.
The US Dow Jones Industrial Average ended 2.27 per cent higher in yesterday’s trade.
Greece Grinds Indian Rupee ,Euro Eradicates Sensex
[Mumbai]Greece Grinds Indian Rupee,,Euro Eradicates Sensex
Rupee dived 24 paise against $ in early trade
Spooked by Greece, Sensex Also tumbled 535 points in opening trade
Extending losses for the fifth consecutive day, the rupee shed 24 paise to trade at 63.88 against the $ in early trade today at the Interbank Foreign Exchange due to continued demand for the American $ from importers.
Forex dealers said besides sustained demand for the $ in view of the approaching month-end, weakness in the euro against the American $ overseas amid growing concerns of a Greece debt default and a possible euro zone exit weighed.
Furthermore, a lower opening in domestic equities kept up pressure on the rupee, they said.
The rupee had lost 2 paise to close at 63.64 in a range-bound trade on month-end demand for the greenback from importers despite its weakness overseas.
Meanwhile, the benchmark BSE Sensex plunged 535.87 points, or 1.92 %, to 27,275.97 in opening trade today.
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