Also available in Hindi
Don’t have an account?
New to Moneycontrol - Sign up now
Its easy and FREE!
OR connect with
A Quick View
The Indian rupee was flat in early trade. The currency has opened at 63.81 a dollar against previous day's closing value of 63.80 a dollar. Pramit Brahmbhatt, Veracity said reduction in FII inflows
. BHEL, Hindalco, NTPC, HCL Tech and PNB fell 0.5-1.5 percent.The Indian rupee was flat in early trade today. The currency has opened at 63.81 a dollar against previous day's closing value of 63.80 a
The Indian rupee has opened at 63.81 a dollar against previous day's closing value of 63.80 a dollar.
Reduction in FII inflows coupled with profit booking in local equities may pressurise rupee to depreciate, says Pramit Brahmbhatt, Veracity.
The Indian rupee has opened at Rs 63.93 a dollar, up 8 paise over previous day's close. In the previous session, the currency closed at 64.01 a dollar, the lowest closing level since May 12.
Mohan Shenoi, Kotak Mahindra Bank said, "Strong US data recently has strengthened Dollar against global majors. Rupee has also weakened marginally against Dollar with RBI interventions tempering
The rupee Wednesday extended decline for third straight session, slumping to 64-level against the dollar on persistent dollar demand from banks and importers.Speaking to CNBC-TV18, Khoon Goh, Senior
weighted, risks are mounting. However, we continue to be overweight on India," he added.10:00am Market CheckThe market recovered from day's low supported by banks and capital goods stocks. The Indian rupee
The Indian rupee has breached 64 level in opening trade on Tuesday, down 7 paise to 64.05 a dollar from 63.98 percent in previous session.
NS Venkatesh, IDBI Bank said, "The Rupee saw a mild weakening in yesterday's trade. Overnight macro economic data in the US markets dampened the sentiment which could have a rub-off effect on our own
ICICIdirect.com expects the US dollar to garner buying support on declines against the rupee. One can utilise declines in the US$/INR May contract to buy for target of 63.62-63.78
The Indian rupee has opened at 63.60 a dollar, down 4 paise compared to 63.56 a dollar in previous session.
Ashutosh Raina, HDFC Bank said, "The dollar index has again started moving higher after recent comments from Fed officials about likely beginning of the rate hike cycle later this year. The market
The rupee resumed lower at 63.62 as against the last weekend's level of 63.52 at the Interbank Foreign Exchange (forex) market and dropped further to 63.67 before quoting at 63.65 at 1045 hours.
The Indian rupee has opened lower at 63.62 a dollar on Monday, down 10 paise compared to Friday's closing value of 63.52 per dollar.
Expect to see a range of 63.50-63.75/USD for the day as any downtick to 63.50/ USD will attract Dollar demand from the local govt banks, says Agam Gupta, Standard Chartered.
Gains in Asian equities may support the local unit. Range for the day is seen between 63.20-64/dollar, says Pramit Brahmbhatt of Veracity.
Reduction in FII inflows coupled with profit booking in local equities may pressurise Rupee to depreciate, says Pramit Brahmbhatt, Veracity.
According to Angel Broking, Indian Rupee is likely to appreciate today as recent FOMC Meeting minutes point towards delay in the rate hike by the US. Also, optimism in Asian equities
Rupee is trading in a range along with global currency markets and corresponding RBI actions. The rupee is expected to trade in a range of 63.60-64/dollar today, says Mohan Shenoi of Kotak Mahindra
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.