Rupee

Rupee down 10 paise against dollar in early trade

Mumbai: The rupee on Friday weakened further by 10 paise to 55.69 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency overseas. Dealers attributed the rupee's fall to dollar gains against other currencies overseas but a higher opening of the domestic equity market capped rupee's losses to some extent.

The rupee had lost 13 paise to close at a fresh six-month low of 55.59 against the dollar after dropping to eight-month low of 56.01 intra-day in Thursday's trade.

Meanwhile, the BSE benchmark Sensex was up by 139.39 points, or 0.71 per cent, at 19,813.72 in early trade today.

...more    

Late surge lifts Sensex; Tata Steel, Larsen key gainers

Mumbai: Benchmark indices closed firm, riding a late surge, but finished roughly 3 per cent lower week-on-week. Brokers say the mood is cautious after the global sell-off on Thursday, and back home, a mixed bag of quarterly earnings. The Sensex closed at 19704, up 30 points over the previous close, after touching a low of 19568.49 earlier in the day. The Nifty ended 16.50 points higher at 5983.55. Tata Power,...  

Rupee pulls off 8-month lows as exporters sell

The rupee recovered from a more than 8-month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback and on fears the central bank would intervene to stabilise the local currency. The rupee still posted a fifth day of falls to mark its longest losing streak in over three months as worries about a potential pullback in the US monetary stimulus...  

Rupee weakens further, falls to 8-month low

The rupee is at its lowest level in 8 months, falling below 56 to the dollar. This is its fifth consecutive day of falling. The fall came due to a rally in the dollar as the US Federal Reserve said it might scale back its stimulus programme. ...

Rupee down 37 paise against dollar in early trade

Mumbai: The rupee on Wednesday declined by a hefty 37 paise to trade at a fresh six-month low of 55.83 in early trade at the Interbank Foreign Exchange market on sustained dollar demand and strengthening of the US currency overseas. Forex dealers said besides dollar's gains against euro and other currencies in the overseas markets, sustained dollar demand from importers and some banks and a lower opening in the stock...  

Sensex falls below 20,000, down 388 points

Mumbai: The BSE benchmark Sensex on Thursday lost 388 points to fall below 20,000 level on disappointing March quarter earnings from state-run lender State Bank of India, amid weak global trend after US Federal Reserve hinted at scaling down monetary stimulus. Extending losses for the fourth straight day, the 30-share index nosedived by 387.91 points, or 1.93 per cent, to close at 19,674.33, with all the sectoral indices, led by...  

Rupee at a 6-month low on weaker shares, dollar demand

Mumbai: The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company. At 04:45 pm IST, the rupee was at 55.37/38 versus its Monday close of 55.10/11. It fell to 55.41 during the session, a level last seen on November 29, 2012. ...  

Sensex ends lower; pharma stocks take a hit

Mumbai: Indian shares took a breather on Monday and closed marginally in red on profit booking after hitting fresh 2.5 year highs. Pharma companies dragged key equity benchmarks lower while major auto stocks ended in green. The Sensex closed at 20223.98, down 62 points or 0.31 per cent and the Nifty ended at 6156.90 down 30 points or 0.49 percent. About 1107 shares advanced, 1298 shares declined, and 141 shares...  

Rupee down 21 paise against dollar in early trade

Mumbai: The rupee on Friday lost 21 paise to 54.98 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against euro overseas. Increased demand for the dollar from importers also put pressure on the rupee. Dealers attributed the rupee's fall to dollar gains against the euro and yen overseas but a higher opening in the domestic stock market capped the fall....  

Rupee up by 10 paise vs dollar in early trade

Mumbai: The rupee on Thursday rose by 10 paise to 54.68 against the dollar in early trade at the Interbank Foreign Exchange on Thursday on increased selling of the US currency by exporters and banks. Besides, strengthening of yen and other Asian currencies against the dollar in overseas market also supported the rupee, forex dealers said. The rupee had gained three paise to close at 54.78 in previous session on...  

Rupee up by 5 paise against dollar in early trade

Mumbai: The rupee on Wednesday rose by five paise to 54.76 against the dollar in early trade at the Interbank Foreign Exchange on selling of the US currency by exporters. Besides, a higher opening in the domestic equity market and strengthening of euro against the dollar overseas supported the rupee, forex dealers said. The rupee had lost eight paise to close at an over 1-month low of 54.81 against the...  

Nifty, Sensex end at highest level since January 2011

Mumbai: The BSE benchmark Sensex on Wednesday rose over 158 points in early trade on sustained buying by funds and retail investors, mainly in realty, banking, auto and metal sector stocks. Also, the wide-based National Stock Exchange index Nifty, regained the 6,000 points level by surging 41.10 points, or 0.69 per cent, to 6,036.50. Rising for the second straight session, the BSE's 30-share barometer rose by 158.19 points, or 0.80...  

Rupee down 8 paise against dollar in early trade

Mumbai: The rupee on Tuesday lost eight paise to 54.81 against the dollar in early trade on the Interbank Foreign Exchange market due to higher demand of the US currency from banks and importers. Forex dealers said dollar strengthening against other currencies in the global market also put pressure on the rupee. The domestic currency had closed higher by seven paise at 54.73 yesterday on fresh dollar selling by exporters...  

Sensex ends flat, shrugs off 41-month low inflation data

Mumbai: Major equity benchmarks consolidated in trade today and closed flat shrugging off 41-month low April WPI inflation number of 4.89 per cent, way below RBI's comfort zone. The Sensex closed at 19722.2 up 30.62 points and the Nifty ended at 5995.40, up 14.95 points. About 1162 shares advanced, 1206 shares declined and 146 shares were unchanged. Key gainers in the Nifty were Ranbaxy Labs, Bank of Baroda, Sun Pharma,...  

Rupee down 15p vs dollar in early trade

Mumbai: The rupee on Monday lost 15 paise to hit a fresh over one-month low at 54.95 against the dollar in early trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies in the global markets. The rupee sentiment was hit by selling in commodities that was triggered by a strong dollar, which rose to a fresh four-and-a-half-year peak against the yen on...  

Sensex ends 40 points up in special trading session

Mumbai: The BSE benchmark Sensex on Saturday gained 40 points in a special two-hour trading session as investors indulged in selective buying of bluechip stocks tracking gains in healthcare and metal sector shares. The 30-share index, which had regained 20,000 level after over three months on Friday, added another 39.70, or 0.20 per cent to settle at 20,122.32. Similarly, the broad-based National Stock Exchange index Nifty rose by 12,50 points,...  

Rupee trims initial losses against dollar, still down 22 paise

Mumbai: The rupee trimmed its initial weakness on Friday but was quoted still down by 22 paise to 54.47 per dollar on heavy demand of the US currency from banks and importers as it was strong overseas despite good capital inflows into equities. The rupee resumed lower at 54.57 per dollar as against the last closing level of 54.25 at the Interbank Foreign Exchange (Forex) Market and dropped further to...  

Rupee up marginally against dollar in early trade

Mumbai: The rupee traded marginally up by one paise to 54.15 against the US dollar in early trade at the Interbank Foreign Exchange on Thursday on sustained selling of the American currency by exporters. Strengthening of the euro against the dollar overseas and a higher opening in the domestic equity market further supported the rupee. The rupee had closed marginally lower by two paise at 54.16 against the dollar in...  

Sensex snaps 3-day rise; falls 51 points on profit-booking

Mumbai: The BSE benchmark Sensex on Thursday retreated from over three-month high levels by losing 51 points on profit-booking in recent outperformers such as Reliance Industries, Sun Pharma and HDFC Bank ahead of key industrial production data release tomorrow. After gaining over 400 points in past three sessions, the Sensex on Thursday declined by 51.14 points, or 0.26 per cent, to close at 19,939.04. The gauge had hit the crucial...  

Rupee down 18 paise against dollar in early trade

Mumbai: The rupee today lost 18 paise to Rs 54.36 against the US dollar in early trade on the Interbank Foreign Exchange due to appreciation of the American currency against the euro overseas. Increased demand for the dollar from importers and banks also put pressure on the rupee. Dealers attributed the rupee's fall to dollar gains against the euro overseas but a higher opening in the domestic stock market limited...