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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Watch Indian Rupee US Dollar के मुक़ाबले क्यों गिर रहा है? || Rupee Vs US Dollar || CM Modi Vs PM Modi With HD Quality
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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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Rupee gains 20 paise against dollar in early trade News video
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On Thursday, the rupee weakened another 14 paise to a fresh 29-month low of 68.19 against the dollar following month-end demand from importers and banks amid a strengthening American currency overseas.
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The 30-share BSE Sensex has climbed 70.17 points to 25372.07 and the 50-share NSE Nifty is up 26.35 points to trade at 7776.05. The market breadth has remained positive as about 1092 shares have advanced against 920 declining shares on Bombay Sock Exchange.
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Rupee up 32 paise against dollar in early trade News video
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The rupee recovered 26 paise to 67.97 against the US dollar at the Interbank Foreign Exchange market on fresh selling of the American currency by exporters. The local unit had lost 18 paise to close at a fresh 29-month low of 68.23 in yesterday's trade.
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