BSE benchmark Sensex has dropped by 201 points in late morning deals. The 30-share index resumed higher at 28,133.36 and later moved in a range of 28,143.28 and 27,846.57. Major losers were, Lupin , ICICI Bank, Reliance , Tata Motors, Dr Reddy , Maruti , Gail , Larsen and Cipla. The NSE 50-share Nifty also quoted lower by 72.70 points or 0.84 per cent at 8,605.55. The rupee has appreciated by 17 paise to 66.67 against the dollar today on sustained selling of the US currency by exporters and banks, with a higher opening in the equity market backing it up. Forex dealers have said the weakness in the dollar against some other currencies overseas and continued inflows by foreign funds too supported the rupee..
BSE benchmark Sensex has dropped by 201 points in late morning deals. The 30-share index resumed higher at 28,133.36 and later moved in a range of 28,143.28 and 27,846.57. Major losers were, Lupin , ICICI Bank, Reliance , Tata Motors, Dr Reddy , Maruti , Gail , Larsen and Cipla. The NSE 50-share Nifty also quoted lower by 72.70 points or 0.84 per cent at 8,605.55. The rupee has appreciated by 17 paise to 66.67 against the dollar today on sustained selling of the US currency by exporters and banks, with a higher opening in the equity market backing it up. Forex dealers have said the weakness in the dollar against some other currencies overseas and continued inflows by foreign funds too supported the rupee.
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Rupee's free fall continues as it sinks to an all time low of over 68 against the U.S dollar.
Stock markets tracked the rupee weakness and opened in the red. Sensex plunged 400 points. Early in the day, it made a light recovery but continues to fluctuate.
While Nifty is trading over 100 points lower. Gold prices too reacted to the sinking rupee. Recorded an all time high of over 34 thousand rupees per 10 gms. The opposition meanwhile is quick to lash out at the government and demanded the resignation of the UPA Government.
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Rupee vs Dollar : मोदी राज में रुपये ने रुलाया | Rupee fall against Dollar | breaking news | #dblive
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अमेरिकी करेंसी डॉलर के मुक़ाबले भारतीय करेंसी रुपया अपने नौ महीने की सबसे बड़ी गिरावट के दौर से गुजर रहा है। डॉलर के मुक़ाबले रुपया का कमजोर होना कोई नई बात नहीं है। रुपया पिछली सरकारों के समय भी गिरा है क्योंकि डॉलर एक वैश्विक करेंसी है और दुनिया के अधिकतर देश डॉलर से ही लेनदेन करते हैं और जब भी अमेरिका डॉलर को लेकर कदम उठाता है तो उसका असर दूसरे देशों की करेंसी पर भी पड़ता है। लेकिन जब प्रधानमंत्री नरेंद्र मोदी गुजरात के मुख्यमंत्री थे तब शायद उनको यह ज्ञान नहीं था। आज डॉलर के मुक़ाबले रुपया रिकॉर्ड स्तर पर नीचे तक पहुँच गया है।भारतीय मुद्रा रुपया लगातार कमज़ोर हो रहा है. बैंकों और आयातकों के बीच डॉलर की भारी मांग के कारण ये गिरावट आ रही है. विदेशी मुद्रा के कारोबारियों का कहना है कि अमरीका और चीन में जारी ट्रेड वॉर के कारण रुपया दबाव में है, आख़िर अमरीकी डॉलर दुनिया भर में इस क़दर मज़बूत क्यों है? डॉलर की मांग ज़्यादा क्यों रहती है? इंडिया Rupee against the US Dollar has been deteriorating since 2014 under Modi govt and how Modi as CM of Gujarat attacked the Congress govt for downfall of Rupee before 2014. #RupeeVsDollar #PMModi #IndianEconomy
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It's a Black Friday for global financial markets as voters in Britain voted in favour of quitting the European Union. In India, the BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true.
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On Monday, the Indian rupee was trading higher by 7 paise at 66.62 against the US dollar in early trade on fresh selling of the American currency by exporters and banks.Watch Rupee up 7 paise against dollar on Monday trade With HD Quality
News video | 425 views
On Wednesday the rupee has depreciated by 5 paise to 67.43 against the US dollar at the Interbank Foreign Exchange due to increased demand for the dollar from importers amid a lower opening of the domestic equity market.
News video | 377 views
The Sensex and Nifty were trading flat as investors cut down their bets on disappointing macroeconomic data despite positive global cues. The 30-share barometer fell 61.55 points or 0.21 per cent to 28,090.85 with IT, teck, consumer durables, capital goods, auto and healthcare trading in the red, falling up to 0.95 per cent. The gauge had gained 377.52 points in the previous two sessions. Market remained closed yesterday on account of Independence Day. The rupee recovered 7 paise to 66.82 against the US dollar in early trade today on selling of the dollar by exporters and banks amid a higher opening in the domestic equity market.
News video | 278 views
On Friday, the rupee depreciated by 9 paise to 66.80 against the US dollar due to appreciation in the American currency overseas with the Fed meeting coming within a week and US monetary policy expected to be tightened. The benchmark BSE Sensex was down 61.31 points or 0.24 per cent at 25,191.01 in early trade.
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The rupee has strengthened by 38 paise to 66.84 against the dollar at the Interbank Foreign Exchange on Thursday today, on increased selling of the dollar by exporters and banks amidst higher opening in the domestic equity market.
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