Aug 01, 2014 at 17:26 | Source: Moneycontrol.com
The Indian rupee, too, saw sharp depreciation with the currency falling to 61.18 to the dollar at close despite the RBIs efforts of selling dollars at 60.86 level to contain fall. It declined 63 paise compared to previous days close of 60.55 a dollar.
Aug 01, 2014 at 14:00 | Source: Moneycontrol.com
Shares of HDFC Bank, HDFC, Reliance Industries, L&T, M&M, Sun Pharma, ONGC, Sesa Sterlite, NTPC, Wipro, Coal India, Hindalco Industries, Tata Power and Gail plunged 1.5-3 percent.
Aug 01, 2014 at 12:31 | Source: Moneycontrol.com
From the intra-day perspective, expect Indian Rupee to trade on a negative note today on the back of weak market sentiments and strength in the DX. Further, dollar demand from state run banks on behalf of corporate and defense purposes will exert downside pressure in the currency, says Angel Broking.
Jul 31, 2014 at 09:36 | Source: CNBC-TV18
In an interview to CNBC-TV18s Latha Venkatesh and Sonia Shenoy, Hemant Thukral of Aditya Birla Money said there is no reason for a trader to go short on the market right now. He expects Niftys good run to continue in August, with the index re-testing its all-time highs.
Jul 31, 2014 at 09:12 | Source: Moneycontrol.com
Mohan Shenoi, Kotak Mahindra Bank expects the rupee to trade in a range of 59.90-60.20/USD today.
Jul 31, 2014 at 08:49 | Source: CNBC-TV18
Month-end Dollar demand from importers in the local market is neutralised by Dollar sales by custodial banks, says Mohan Shenoi, Kotak Mahindra Bank.
Jul 31, 2014 at 07:20 | Source: CNBC-TV18
Short-term watchful and long-term bullish. That seems to be the view on India right now as put up by emerging market investment guru Mark Mobius.
Jul 30, 2014 at 09:14 | Source: Moneycontrol.com
Rupee is expected to trade weak through the week, says NS Venkatesh of IDBI Bank.
Jul 30, 2014 at 08:45 | Source: CNBC-TV18
Overall rupee is expected to trade weak through the week, says NS Venkatesh of IDBI Bank.
Jul 24, 2014 at 09:05 | Source: Moneycontrol.com
In the absence of any major triggers and with RBI absorbing FII inflows, the rupee is expected to trade in a narrow range of 60-60.25/dollar today, says Mohan Shenoi of Kotak Mahindra Bank.