The benchmark BSE Sensex has dropped 99 points in the Monday early trade on sustained selling by funds and retail investors, extending Friday's sharp losses caused by Britain's decision to leave the European Union..
The benchmark BSE Sensex has dropped 99 points in the Monday early trade on sustained selling by funds and retail investors, extending Friday's sharp losses caused by Britain's decision to leave the European Union.
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On Tuesday today, the rupee was trading lower by 15 paise at 68.22 against the dollar in early trade at the Interbank Foreign Exchange market as the dollar firmed up overseas.
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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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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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The benchmark BSE Sensex has appreciated 348.30 points or 1.38 percent to 25653.77 and the Nifty has surged 118.50 points or 1.53 percent to 7864.15.
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The BSE Sensex is up 19.99 points at 27029.66, and the Nifty is up 0.20 points at 8266.65. About 1303 shares have advanced, 749 shares declined, and 134 shares are unchanged.
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Sensex has opened on positive note and surged by about 120 points to 28,144.32, bringing up gains for the second straight day on sustained foreign fund inflows and persistent buying by investors. The 30-share BSE index has been trading higher by 119.99 points, or 0.42 per cent, at 28,144.32. Sectoral indices led by realty, consumer durables, auto and FMCG led the rally, rising up to 1.13 per cent. The rupee appreciated by another 14 paise to 67 against the dollar in early trade today at the Interbank Foreign Exchange amid sustained selling of the American currency by exporters.
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The benchmark BSE Sensex has recovered by nearly 85 points and the Nifty has reclaimed 8,600-mark on Friday trade on fresh buying by investors as the September derivative contracts started on a solid note amid mixed Asian cues. All sectoral indices of BSE led by consumer durables, metal and oil and gas were in the positive zone, rising by up to 0.68 per cent. The Indian rupee has firmed up 7 paise to 66.98 against the dollar.
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[ On Tuesday, the rupee edged higher by 8 paise to 66.60 against the dollar at the Interbank Foreign Exchange on fresh selling of the American currency by exporters and banks.
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