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Rupee closes flat, bonds higher


The Indian rupee closed flat at Rs 39.415 as against its previous close of Rs 39.42 per dollar. The widely traded 7.99%, 2017 paper ended higher at Rs 101.31 as againts its previous close of Rs 101.16

Chakrabarty negative on IT spacec  


Amitabh Chakrabarty, President Equity, Religare Securities is negative on IT space. This sector should not enjoy the premium valuation that they use to enjoy two years back. Rupee will gain against

Rupee opens at Rs 39.39 per dollar


The India rupee opened at Rs 39.39-39.41 per dollar versus Rs 39.42 Friday.

2007: The year in review  

29-12-2007| Source:CNBC-TV18

Its been a mixed bag of the good, the bad and the ugly for India Inc for the past 12-months. 2007 will be remembered as the year when when the rupee climbed a record 11% against the US dollar, Sensex

Sensex to give 15-20% returns in long-term: Quantum  

29-12-2007| Source:CNBC-TV18

view is that IT as a sector could recover. We are not believers in a strong rupee. I think we kind of fool ourselves a bit by saying that when we strengthen against US dollar that we are a strong

Rupee ends flat, bonds higher


Rupee recovered most of its losses against the U.S. dollar today because banks sold the greenback following a recovery in local stocks and as exporters sold dollars. The spot rupee ended steady at Rs

Outlook 2008: Indian Markets in a Global Economy


no reform scenario, so it will not impact the markets. A positive could be reforms by stealth like IPOs and FPOs of PSUs. Rupee US Dollar Rate: The 11% rupee appreciation in CY 2007 has caused turmoil

Re may weaken a little bit into New Year: StanChart Bk  

28-12-2007| Source:CNBC-TV18

In an interview with CNBC-TV18, Sundeep Bhandari, Global Market Head of Standard Chartered Bank said that he sees the rupee probably weaken a little bit into New Year, but not very much. I think

Don't buy Wipro at current levels: Tulsian  


three results may be very good and since the rupee has stopped strengthening against the dollar, the hit may not be much.

Rupee opens at 39.45 per dollar


The Indian Rupee has opened at 39.45 per dollar as against its previous close of 39.41 per dollar.

Rupee ends flat, bond higher


The rupee ended steady today after swinging in a mere 4-paise band as interbank dollar demand-supply aligned amid thin volumes. The spot rupee ended steady at Rs 39.41 per USD as against its previous

Re may break 33 levels in Q1: UBS  

27-12-2007| Source:CNBC-TV18

Nizam Idris of UBS believes the dollar recovery is gradual and the outlook is less clear. This is not a turning point for the dollar yet, he said to CNBC-TV18. On the other hand, he is positive

Rupee opens at Rs 39.41 per dollar

27-12-2007| Source:rupee

The spot rupee opened at Rs 39.41-39.43 per USD as against its previous open of Rs 39.41 on Wednesday.

Rupee ends higher, bond lower  


Rupee ended firm against the dollar today led by inflows from foreign institutional investors backed by the over 1% rise in local shares. The spot rupee ended higher at Rs 39.41per USD as against its

US dollar gets whack against other major currencies


American dollar has got whack in the year 2007 as against currencies of Asian and some developed countries. The major reasons for the fall can be attributed to 1) Bad recovery of mortgage loans eats

Re may weaken, but not beyond 39.85: HDFC Bk  

26-12-2007| Source:CNBC-TV18

The currency market is going to get important as we step into earnings and it's been showing some strength to dollar for itself globally. Ravi Pai, Head Forex & Derivatives at HDFC Bank, believes

Mkts ignoring +ve cues; focusing more on US: PN Vijay  

26-12-2007| Source:CNBC-TV18

According to Portfolio manager, PN Vijay, the Indian markets have been trembling due to cues from the US markets. But the US markets have rallied back on Monday; Indian markets may take heart from that. There are a lot of triggers coming in for the markets, but investors are ignoring them, he feels.

Rupee opens at Rs 39.41 per dollar


The India Rupee opened at Rs 39.41-39.43 per dollar versus Rs 39.44Monday.

Govt likely to save Rs 3,000 cr on fertiliser subsidy bill

26-12-2007| Source:Business Line

The appreciation of the rupee against the dollar and anticipated lower imports are likely to reduce the Governments fertiliser subsidy bill by around Rs 3,000 crore for the current financial year

Rupee opens at Rs 39.46 per dollar


The Indian rupee opened at Rs 39.46-39.48 per dollar versus Rs 39.54 Thursday.

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