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  • Earnings, WPI data, polls outcome to dictate market trend

    Quarterly earnings from bluechips Lupin and ITC, wholesale inflation data and the outcome of assembly polls in five states will be the key driving factor for the stock market this week, say experts.

  • Rupee trims early gains, still up by 21 paise

    The dollar index currently trading down by 0.10 percent at 95.81 as against a basket of six currencies. In the overseas markets, the dollar slipped against a basket of currencies after weak US jobs data led traders to pare bets that the Fed was poised to hike interest rates as early as this month.

  • MF exposure to software stocks hits all-time high in August

    In comparison, equity fund managers deployment in software stocks stood at Rs 29,668 crore during August last year.

  • Rupee still down by 12 paise vs USD in late morning deals

    The Indian rupee resumed sharply lower at 66.20 per dollar as against overnight level of 65.98 at the Interbank Foreign Exchange (Forex) market. It hovered in a range of 66.22 to 66.09 per dollar during the morning deals before quoting 66.10 at 1030 hrs.

  • Rupee cuts initial losses, but still down by 13 paise

    The rupee opened sharply lower at 65.88 as against last Friday's level of 65.67 at the Interbank Foreign Exchange (forex) market. It moved in a range of 65.88 and 65.77 during the morning deals before quoting at 65.80 at 1030 hours.

  • Indian rupee snapped its five-week losing

    Smart rally in local equities also lifted the market sentiments. The US Federal Reserve's decision to keep interest rates at historic lows predominantly triggered a relief rally across the emerging financial and currency markets.

  • Rupee firms up by 46 paise against dollar

    It hovered in a range of 66.22 to 66.01 during the morning deals. It was quoting at 66 per dollar at 1045 hours.

  • Rupee loses more ground, weaker by 11 paise against dollar

    The domestic unit resumed lower at 66.35 per dollar as against yesterday's closing of 66.33 at the Interbank Foreign Exchange (Forex) market. It hovered in a range of 66.44 to 66.33 during the morning deals before quoting at 66.45 per dollar at 1102 hours.

  • Rupee trims initial gains, still up 5 paise to 66.38/USD

    It hovered in a range of 66.32 to 66.4150 during the morning deals before quoting 66.38 per dollar at 1030 hrs.

  • Rupee trims initial gains, still up by 17 paise against USD

    The rupee had strengthened against the US dollar after touching an intra-day high of 66.80 yesterday due to selling by custodial banks and some buying from PSBs to meet the oil demand." a forex dealer said.

  • Rupee slumps to 66.81 against dollar

    At 2.45 pm Indian Rupee dipped further to 66.85 before quoting at 66.81 per dollar.

  • RBI sets rupee reference rate at Rs 66.7445 against dollar

    According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 101.3649 and 55.93 per 100 yen, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

  • Forex: In line with equity mkt, the rupee continued to fall

    The rupee opened lower at 66.25 per dollar as against the last weekend's level of 66.14 per dollar at the Interbank Foreign Exchange (Forex) market and dropped further to 66.52 per dollar before ending the week at 66.46 per dollar, showing a loss of 32 paise or 0.48 percent.

  • RBI sets rupee reference rate at Rs 66.2280 against dollar

    According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 101.2229 and 54.98 per 100 yen, respectively, based on reference rates for the dollar and cross-currency quotes at noon.

  • Rupee slip by 2 paise vs USD in late morning deals

    The rupee opened lower at 66.32 per dollar against yesterday's closing level of 66.22 at the Interbank Foreign Exchange (Forex) market. Later, bouts of dollar selling from exporters led the domestic unit to recover to 66.14, before it slipped back to quote 66.24 at 1045 hrs.

  • Rupee advances in late morning deals, up 24 paise vs USD

    The rupee opened higher at 66.38 per dollar against yesterday's closing level of 66.48 at the Interbank Foreign Exchange (Forex) market.

  • Rupee drops 34 paise to one-week low at 66.48 against USD

    Besides, fresh fall in equity market affected the value of the rupee against the US dollar. The domestic currency resumed lower at 66.25 against last Friday's closing level of 66.14 at the Interbank Foreign Exchange (Forex) market and dropped further to 66.49 before ending at one-week low of 66.48, showing a loss of 34 paise or 0.51 percent.

  • FPIs take out Rs 15,000 cr in last 5 trading sessions

    Of this total, FPIs withdrew a net amount of Rs 5,173 crore on the 'Black Monday' alone, when the benchmark Sensex crashed over 1624 points, while 50-share NSE Nifty plunged 490.95 points.

  • Rupee weakens by 4 paise at 66.14 against US dollar

    Sharp sell-off in domestic equity markets and robust dollar against major world currencies predominantly impacted the rupee sentiment, a forex dealer said. Heavy capital outflows against the backdrop of volatile global situation amid Fed rate hike fears also added some pressure.

  • Rupee recovers 10 paise to 66.04 against US dollar

    The US dollar firmed up to a four-day high against the other major currencies ahead of US second-quarter GDP data release later in the day, but movements were capped after New York Fed President William Dudley commented that the prospect of a September rate hike "seems less compelling" than it was only weeks ago in the midst of global turmoil.

  • Rupee bounces back; gains 55 paise at 66.10 against USD

    A smart rebound in local equities and smooth supply of dollars on fresh capital inflows into equities and debts predominantly weighed on trading sentiments, forex dealers said.

  • Government may reconvene Parliament's Monsoon Session

    With the government having failed to pass its legislative business in the Monsoon Session which was a near washout, Parliamentary Affairs Minister M Venakiah Naidu met Leader of Congress in Lok Sabha Mallikarjun Kharge and appealed to all political parties to cooperate in smooth functioning of Parliament in the "larger national interest".

  • PM reviews stock, currency situation; keen on reforms: FM

    Finance Minister Arun Jaitley told reporters that the Prime Minister took stock of equity and currency markets, and was of the opinion that "our economy is stable" but more needed to be done.

  • Yuan devaluation, China slowdown a worry: Arun Jaitley

    Arun Jaitley, who spoke after briefing Prime Minister Narendra Modi, said he wanted more steps to be taken to strengthen the Indian economy but cautioned that this could not be done in the next day or two.

  • Bhushan Steel eyes Monnet Ispat on Orissa Sponge Iron

    As per its website, OSISL had also been allotted a coal block at New Patrapara, Talcher in 2004 along with a group of six other industries. OSIL's share in the total reserves is 114 million tonnes.

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