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Traders expect dollar-rupee in 60.60 to 61.10 range during the session.

Sep 11, 2014 at 12:00 | Source: NDTV Profit

The rupee was trading higher at 60.83/84 against the dollar versus 60.94/95 on Wednesday. Some consolidation was seen after two straight days of losses. Asian currencies were trading mixed versus the US dollar. Nifty was higher by 0.2 per cent. Trade...

Rupee Off Session High on Oil-Related Dollar Demand

Aug 04, 2014 at 15:40 | Source: NDTV Profit

The rupee traded at 61.07/08 versus Friday's close of 61.18/19, but off session high of 60.8750 on the back of heavy dollar demand from oil refiners. Dollar/ rupee, seen in 61.00 to 61.20 range during the rest of the session, had dropped earl...

Rupee hits one-week high on corporate dollar flows

Apr 28, 2014 at 12:21 | Source: Economic Times

Rupee rose to as high as 60.51, its highest since April 21, after a large infrastructure development company was spotted selling dollars. Rupee was last trading at 60.58/59, compared with its close of 60.60/61 on Friday after earlier falling to to a...

A switch from liquid funds to short-term plans may fetch more: Experts

Apr 24, 2014 at 04:11 | Source: Economic Times

Many financial advisors are asking their clients to redeem their investments in liquid and ultra-short term bond (USTB) funds, and invest the proceeds in short-term bond funds to pocket better risk-adjusted returns in the next year. "If you have one-...

Revised margins for $-rupee contracts effective from April 15

Apr 11, 2014 at 18:51 | Source: Economic Times

MUMBAI: Leading stock exchanges BSE and NSE have informed traders that margin requirements for dollar- rupee contracts will be revised from April 15 following Sebi decision to revoke certain curbs on derivative trading. On July 9, 2013, Securities an...

Sebi revokes restrictions on USD-INR contracts

Apr 08, 2014 at 05:31 | Source: Economic Times

MUMBAI: The Securities and Exchange Board of India (Sebi) on Monday partially reversed curbs on dollar-rupee forward contracts that were imposed last year after the rupee hit record lows. Sebi had doubled the margin requirement on the domestic dolla...

Rupee seen lower on back of weak local shares, Asian pairs

Apr 04, 2014 at 09:31 | Source: Economic Times

Rupee was seen opening at around 60.30 versus its previous close of 60.1650/1750, tracking weakness in local shares and Asian pairs. Rupee was seen trading at 60.35/36 in the offshore NDF market. Most other Asian currencies like yuan, peso and baht ...

Rupee to test critical support at 61

Jan 16, 2014 at 06:37 | Source: The Hindu BusinessLine

The rupee gained ground in the past week. The currency fell initially to hit a low of 62.27 on January 7. But then it strengthened and closed 1.2 per cent higher for the week at 61.54 on Wednesday. The economic data releases in the past week were mi...

Sensex ends up 376 points, Bank Nifty up 2%; TCS, ONGC rise

Jan 13, 2014 at 17:22 | Source: DomainB

03:55 pm Opinion: Robert Doll of Nuveen Asset Management is cautious on emerging markets (EMs) due to inflation problems. In an interview to CNBC-TV18 he said that unless inflation recedes EMs including India will not pick up. Brazil, India, Indones...

Good news: Sensex soars over 200 points, rupee at one-month high

Jan 13, 2014 at 09:38 | Source: FirstPost

Indian equity markets opened in the green today on positive global cues. surprisingly weak US jobs numbers have revived speculation the Federal Reserve could keep policy loose for longer. US payrolls rose just 74,000 in December, the smallest increas...

BSE Sensex, Nifty end flat; Sesa, L&T, BHEL laggards

Jan 09, 2014 at 00:07 | Source: DomainB

3:40 pm Market closing: Sensex closes higher for first time in 2014 by snapping five-day losing streak. The Sensex ended up 36.14 points at 20729.38, and the Nifty ended at 6174.60, up 12.35 points. About 1493 shares have advanced, 1050 shares decli...

Sensex in green; SpiceJet up 1.48% after it orders Boeing jets

Jan 08, 2014 at 09:59 | Source: FirstPost

The market opened in the positive terrain. The Sensex is up 73.75 points at 20766.99, and the Nifty up 15.80 points or 0.26% at 6178.05.Markets expected to remain range-bound ahead of Infosys results on Friday and inflation data next week.Hindalco, C...

Rupee under pressure in short term

Jan 08, 2014 at 03:57 | Source: The Hindu BusinessLine

It was a weak start for the currency market in the New Year. Rupee fell in the past week to make a low of 62.56. It closed lower by 0.8 per cent for the week at 62.3 on Tuesday. Developments on the political front, with the Aam Admi Party emerging a...

BSE Sensex ends 64 pts down; Tata Power, ICICI Bank tank 2%

Jan 06, 2014 at 21:37 | Source: DomainB

3:40 pm Market closing: After a lot of struggle, the market ended the day on a negative down. The Sensex ended down 64.03 points at 20787.30 and the Nifty closed at 6191.45, down 19.70 points. About 1465 shares have advanced, 1019 shares declined, a...

Rupee stuck in a narrow range

Dec 31, 2013 at 22:32 | Source: The Hindu BusinessLine

Year 2013 will be an unforgettable one for the Indian currency market. The rupee was rudely yanked out from its range in May when the US Federal Reserve signalled a possible tapering. The rupee spiralled lower as FIIs pulled money from equity and de...

Positive bias in the short-term

Dec 24, 2013 at 23:37 | Source: The Hindu BusinessLine

The much-awaited “taper” has finally begun. The US Federal Reserve will reduce its asset purchase by $10 billion to $75 billion a month, starting January. But currency markets hardly reacted to the news. The rupee fell to 62.48 immediate...

Will Janet Yellen rescue India's tech majors from margin squeeze?

Dec 06, 2013 at 13:36 | Source: FirstPost

Technology majors have had a good year due to a weak rupee and a pick up in demand for their products and services in Europe and US. A depreciating rupee has enabled local software-service providers to chase deals at competitive prices as this makes ...

500 kg of gold smuggled into India every day

Dec 05, 2013 at 08:07 | Source: DNA India

The hike in import duty on gold has led to a spurt in smuggling of gold into the country from neighbouring states like Bangladesh, Myanmar and Sri Lanka. The latest provisional data showing a massive shrinkage in the current account deficit (CAD) for...

Currency outlook: Rupee to be in 61-64/$ range in the short-term

Dec 04, 2013 at 00:17 | Source: The Hindu BusinessLine

The currency market is witnessing muted movement despite a series of encouraging economic data releases in the past week. The rupee, stuck between 62 and 63 to the US dollar for more than two weeks, closed at 62.36 on Tuesday. On the macroeconomic f...

Poll outcome holds key to future growth: Goldman Sachs

Nov 30, 2013 at 06:12 | Source: Economic Times

MUMBAI: Goldman Sachs, a US-based leading investment advisory firm, said that 2014 could be a year of transition for India, and that the outcome of parliamentary elections, to be held in March-April next year, could play a critical part in shaping t...

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