On Monday today, the rupee has depreciated by 10 paise to 66.36 against the US dollar as investors gears up for RBI monetary policy to be announced on Tuesday. Dealers have attributed the rupee's fall to increased demand for the US currency..
On Monday today, the rupee has depreciated by 10 paise to 66.36 against the US dollar as investors gears up for RBI monetary policy to be announced on Tuesday. Dealers have attributed the rupee's fall to increased demand for the US currency.
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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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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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Markets remains slump for second consecutive day on Tuesday today, BSE index Sensex is down 5.17 points or 0.02 per cent at 28,090.17 and the 50-share NSE index Nifty was down 5.35 points or 0.06 per cent at 8,630.30. Among major losers on BSE were Lupin, HDFC Ltd, Axis Bank, Dr Reddy's, Hero MotoCorp, Infosys, HDFC Bank and ICICI Bank, which fell up to 0.78 per cent in early trade. Barring auto and healthcare, all other BSE sectoral indices were trading in the green. Top five Sensex gainers are Axis Bank, Tata Steel, Wipro, Reliance. The rupee depreciated by 7 paise to 67.42 against the dollar in early trade today on increased demand for the US currency from importers.
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The 50-share index is down 7.40 points at 7858.65. The Sensex is down 7.45 points at 25681.41 in the early trade on Tuesday.
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The Sensex is up 101.04 points at 25590.61 and the Nifty is up 26.55 points at 7841.45. About 542 shares have advanced, 166 shares declined, and 45 shares are unchanged.
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Sensex has risen 96.76 points to 26722. Nifty advanced 26.10 points to 8,196. In the 50-share index, HCL Tech, Larsen & Toubro, Tech Mahindra, TCS and Hindalco were up between 1.21 per cent and 3.19 per cent.
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The benchmark BSE Sensex has fell 50.90 points to 26816.02 and the NSE Nifty has declined 16.45 points to 8222.05.
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The 30-share BSE Sensex traded down 31.02 points at 27884.87 and the 50-share NSE Nifty fell 5.80 points to 8560.05.
About 1071 shares advanced against 795 declining shares on the Bombay Stock Exchange. L&T Infotech listed at a 6 percent discount on the exchange. Reliance Industries, TCS, L&T, ICICI Bank and Dr. Reddy's Labs were other losers in trade while ITC, Asian Paints, HDFC Bank, Tata Motors, ONGC and Sun Pharma were gainers.
The Rupee depreciated by 5 paise to 67.25 against the US dollar in early trade.
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Rupee on Wednesday has strengthened by 12 paise to 66.31 against dollar at the Interbank Foreign Exchange on increased selling of the US currency by banks and exporters amid positive economic data.
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