Rupee falls 25 paise to close at 82.53 against US dollar
2 years ago

Rupee falls 25 paise to close at 82.53 against US dollar

Deccan Chronicle  

MUMBAI: The rupee declined 25 paise to close at 82.53 against the US dollar on Monday, pressured by a lacklustre trend in the domestic equity markets and foreign capital outflows ahead of macroeconomic data announcements. The 30-share BSE Sensex ended 51.10 points or 0.08 per cent lower at 62,130.57, while the broader NSE Nifty closed almost flat at 18,497.15. After investing over Rs 36,200 crore last month, foreign investors continued their positive momentum and infused Rs 4,500 crore in the Indian equity markets so far in December, mainly due to the decline in the dollar index. However, foreign portfolio investors turned sellers in the last four trading sessions and pulled out Rs 3,300 crore as they are adopting a cautious stance ahead of the US Federal Reserve's decision on the interest rate.

Rupee Falls 25 Paise  cent  investors  close  rs  sellers  8253  foreign  crore  lower  25  rupee  falls  paise  markets  trading  dollar

History of this topic

Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade
14 hours ago

Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade

The Hindu  

The rupee fell 5 paise to hit a new all-time low of 85.16 against the US dollar in early trade on Tuesday, amid strengthening American currency and sustained outflow of foreign capital. Forex traders said higher dollar demand as well as an upward momentum in crude oil prices due to volatile geopolitical situation pushed the local unit further downward even …

Rupee slips to all-time low pressured by weak yuan, importer dollar bids
1 day, 8 hours ago

Rupee slips to all-time low pressured by weak yuan, importer dollar bids

Live Mint  

By Jaspreet Kalra MUMBAI - The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline. The rupee declined to 85.12 against the U.S. dollar, hitting an all-time for the fifth consecutive trading session …

Sensex, Nifty 50 today: Stock market rallies on opening after last week's crash
Top News
1 day, 14 hours ago

Sensex, Nifty 50 today: Stock market rallies on opening after last week's crash

Hindustan Times  

Sensex, Nifty 50 today: The Indian stock market rallied when trading for the week opened on Monday, December 23, 2024. Sensex, Nifty 50 today: People walk past the Bombay Stock Exchange building in Mumbai, India, March 9, 2020 The benchmark BSE Sensex rose by 447.05 points or by 0.57%, trading around 78,488.64 at 9:15 am IST. Bajaj Finance Ltd rose …

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 23
Trending News
1 day, 16 hours ago

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 23

Live Mint  

The Indian stock market benchmark equity indices, Sensex and Nifty 50, are likely to open higher on Monday following gains in global markets. Here’s what to expect from Nifty 50 and Bank Nifty today: Nifty OI Data Nifty 24,000-strike call accumulated the highest open interest at 93.22 lakh contracts, highlighting it as a formidable resistance level. “As Nifty 50 slipped …

Friday fall caps worst week on D-Street since June 2022
3 days, 23 hours ago

Friday fall caps worst week on D-Street since June 2022

The Hindu  

India’s key stock indices plunged a sharp 1.5% on Friday to hit a 21-day low, capping the worst week for the broad market benchmarks in two and a half years, on a day that was marked by a deeper selloff in mid-cap and small cap stocks as well as sharper declines for IT, auto and bank indices. “On a weekly …

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
4 days, 7 hours ago

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the U.S. dollar on Friday, on softening of the U.S. dollar index and a potential intervention by the Reserve Bank of India. On Thursday, the rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time …

Stock markets continue to decline, Sensex ends 1,200 points lower, Nifty slips 364 points
4 days, 8 hours ago

Stock markets continue to decline, Sensex ends 1,200 points lower, Nifty slips 364 points

Hindustan Times  

Indian stocks edged lower on Friday, dragged down by declines in IT and financial sectors, as investor concerns persisted over the Federal Reserve's forecast of fewer interest rate cuts next year, prompting a wave of foreign fund outflows. The BSE Sensex closed 1,176 points lower at 78,041.59, and the NSE Nifty slipped 1.52 per cent to close at 23,587.50 Sensex …

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade
4 days, 13 hours ago

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade

Deccan Chronicle  

Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. The Dollar Index is expected to remain elevated, with resistance near the 110 level in the near term amid a reduced likelihood of significant Fed rate cuts in 2025. On Thursday, the rupee depreciated …

Markets decline in early trade amid unabated foreign fund outflows
Trending News
4 days, 13 hours ago

Markets decline in early trade amid unabated foreign fund outflows

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid unabated foreign fund outflows and concerns over the US Federal Reserve signalling fewer rate cuts next year. The 30-share BSE benchmark Sensex declined 214.08 points to 79,003.97 in early trade. “The FII buying witnessed in early December is getting reversed now with this week’s selling reaching ₹12,229 …

Nifty 50, Sensex today: What to expect from the Indian stock market on December 20
4 days, 16 hours ago

Nifty 50, Sensex today: What to expect from the Indian stock market on December 20

Live Mint  

Nifty 50, Sensex today: The Indian stock market benchmarks- the Sensex and the Nifty 50- may see a negative opening on Friday, December 20, as indicated by trends on Gift Nifty. Indian stock market suffered a significant loss of one per cent in the previous session, extending its losing streak into the fourth consecutive session. However, we could see a …

Rupee hits all-time low against US dollar. Why is it under pressure?
4 days, 18 hours ago

Rupee hits all-time low against US dollar. Why is it under pressure?

India Today  

The Indian rupee weakened to a record low of 85.10 against the US dollar on Friday, weighed down by persistent dollar strength following robust US economic data that reinforced the Federal Reserve's hawkish stance. Additionally, the US Federal Reserve’s projection of fewer rate cuts in 2025 amid sticky inflation has strengthened the US dollar, making emerging market currencies like the …

Indian markets join global selloff as U.S. Fed indicates fewer rate cuts ahead; Sensex sinks below 80k
5 days, 6 hours ago

Indian markets join global selloff as U.S. Fed indicates fewer rate cuts ahead; Sensex sinks below 80k

The Hindu  

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the U.S. Federal Reserve signalled fewer rate cuts next year. Despite this, investor caution persisted amid ongoing FII selling, with a strategic shift towards defensive sectors like pharma as evidenced by their outperformance," Vinod Nair, Head of …

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
5 days, 7 hours ago

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

The Hindu  

The rupee dropped 14 paise and breached the crucial 85 level to close at an all-time low of 85.08 against the U.S. dollar on Thursday, as a hawkish stance from the U.S. Federal Reserve sparked a broad dollar rally. Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low on …

INR vs USD: Rupee hits record low, slips past 85 per dollar as US Fed signals lower rate cuts in 2025
5 days, 11 hours ago

INR vs USD: Rupee hits record low, slips past 85 per dollar as US Fed signals lower rate cuts in 2025

Live Mint  

The Indian rupee fell to a record low, slipping past 85 to the US dollar for the first time on Thursday, after the Federal Reserve signalled fewer rate cuts next year. Other Asian currencies also depreciated as the Korean won, the Malaysian ringgit, and the Indonesian rupiah were down 0.8%-1.2% on the day, after the Fed dot plot indicated two …

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade
5 days, 13 hours ago

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

The Hindu  

The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections for 2025, signalling a more cautious monetary policy stance, pressuring emerging market currencies, including the …

Sensex ends nearly 1,000 points lower, Nifty below 24,000
5 days, 18 hours ago

Sensex ends nearly 1,000 points lower, Nifty below 24,000

India Today  

Benchmark stock market indices continued their poor run on Dalal Street, with the S&P BSE Sensex ending the session nearly 1,000 points lower and the NSE Nifty50 falling below 24,000. However, Nifty Pharma emerged as the session’s bright spot, gaining nearly 2% as investors sought refuge in defensive stocks amid the volatile market environment. Vinod Nair, Head of Research at …

Rupee plunges to all-time low, reaches Rs 85 against US dollar
Trending News
5 days, 18 hours ago

Rupee plunges to all-time low, reaches Rs 85 against US dollar

India Today  

Rupee fell to an all-time low against the US dollar on Thursday, breaching the Rs 85 mark for the first time. This decline comes after the US Federal Reserve cut key interest rates by 25 bps and signalled fewer rate cuts in 2025, putting additional strain on the currency, which has already been under pressure due to weak capital inflows …

Market falls sharply as Fed indicates low interest rate cut in 2025
5 days, 18 hours ago

Market falls sharply as Fed indicates low interest rate cut in 2025

New Indian Express  

MUMBAI: India’s equity market fell sharply on Thursday following a cautious Federal Reserve commentary and weak global cues. At Thursday’s close, the Sensex was down 964.15 points or 1.20% at 79,218.05 while Nifty fell 247.15 points or 1.02% to settle at 23,951.70. The selling intensified on Thursday after the US Federal Reserve gave a hawkish commentary on future rate cute. …

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar
6 days, 7 hours ago

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar

The Hindu  

The rupee dropped 3 paise to close at an all-time low of 84.94 against the U.S. dollar on Wednesday, as traders await cues from the US Fed on the interest rate front. The unit finally ended the session lower by 3 paise at an all-time low closing level of 84.94 against the dollar. On Tuesday, the rupee revisited its all-time …

Rupee weakens to lifetime low hurt by merchant dollar bids, weak equities
6 days, 8 hours ago

Rupee weakens to lifetime low hurt by merchant dollar bids, weak equities

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 18 - The Indian rupee hit its all-time low on Wednesday, pressured by strong dollar demand from importers and likely outflows from local equities, while intervention by the Reserve Bank of India curbed losses, traders said. Weakness in regional currencies ahead of the Federal Reserve's policy decision due in U.S. trading hours also hurt the …

Market today: Sensex, Nifty decline amid foreign fund outflows, Fed rate decision caution
6 days, 13 hours ago

Market today: Sensex, Nifty decline amid foreign fund outflows, Fed rate decision caution

Hindustan Times  

Equity benchmark indices Sensex and Nifty declined in early trade on Wednesday, December 18, amid foreign fund outflows and caution ahead of the highly anticipated US Fed interest rate decision. Market yesterday On Tuesday, BSE Sensex and NSE Nifty slumped by more than 1 per cent, with the former falling below the 81,000 mark, driven by a broad-based selloff and …

Rupee falls 1 paisa against US dollar in early trade
6 days, 13 hours ago

Rupee falls 1 paisa against US dollar in early trade

The Hindu  

The rupee dropped 1 paisa to 84.92 against the US dollar in early trade on Wednesday and hovered around its all-time low level, as traders await more cues from the US FED on the interest rate front. Equity benchmark indices Sensex and Nifty slumped over 1 per cent on Tuesday, weighed down by an across-the-board selloff amid cautious investors' approach …

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision
6 days, 13 hours ago

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision

The Hindu  

Benchmark indices Sensex and Nifty declined in initial trade on Wednesday amid foreign fund outflows and caution ahead of the U.S. Fed interest rate decision. The 30-share BSE benchmark Sensex went down by 149.31 points to 80,535.14 in early trade. Foreign Institutional Investors offloaded equities worth Rs 6,409.86 crore on Tuesday, according to exchange data. Falling for the second day …

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 18
6 days, 16 hours ago

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 18

Live Mint  

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday, tracking weakness in global markets. The support at 24,200 is critical now, a break of which can take Nifty 50 towards the 23,800 level,” said Dr. Praveen Dwarakanath, Vice President of Hedged.in. VLA Ambala, Co-Founder of Stock Market Today, noted that on the …

Sensex, Nifty end lower as US trade and Fed jitters spook investors
Trending News
6 days, 18 hours ago

Sensex, Nifty end lower as US trade and Fed jitters spook investors

India Today  

Benchmark stock market indices closed lower on Wednesday dragged by a decline in heavyweight financials and banking stocks, extending their losses. "Additionally, market sentiment remained cautious ahead of the U.S. Federal Reserve's interest rate decision later in the day, with investors wary of a possible slowdown in rate cuts that could impact global liquidity. Sector-wise, financials, power, and auto stocks …

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today
6 days, 18 hours ago

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today

India Today  

The Sensex and Nifty continued their downward slide for the third consecutive session on Wednesday, as global and domestic factors weighed heavily on investor sentiment. The benchmark indices fell ahead of the US Federal Reserve's policy announcement later today, with market participants closely watching for hints on future interest rate moves. KEY REASONS BEHIND THE FALL Global pressure ahead of …

Markets under pressure ahead of the FOMC outcome, Sensex sheds 2,000 points in three sessions
6 days, 18 hours ago

Markets under pressure ahead of the FOMC outcome, Sensex sheds 2,000 points in three sessions

New Indian Express  

After recovering over the past three weeks following two months of selling, India’s equity market is once again under pressure as investors adopt a cautious stance ahead of the crucial Federal Open Market Committee meeting outcome on Wednesday night. In the past three sessions, the benchmarks - BSE Sensex and NSE Nifty – have shed about 2.3 per cent each …

Markets slump over 1% amid widespread selloff; Sensex sinks below 81k
1 week ago

Markets slump over 1% amid widespread selloff; Sensex sinks below 81k

The Hindu  

Equity benchmark indices Sensex and Nifty slumped over 1% on Tuesday, weighed down by an across-the-board selloff amid cautious investors’ approach ahead of the U.S. Fed interest rate decision. Falling for the second day in a row, the 30-share BSE benchmark Sensex tanked 1,064.12 points or 1.30% to settle at 80,684.45. Bharti Airtel, IndusInd Bank, JSW Steel, Tata Consultancy Services, …

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar
1 week ago

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

The Hindu  

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 against the U.S. dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. A strong US dollar and FII outflows may further weigh on the rupee," said Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas. On the …

Market today: Sensex, Nifty decline amid selling pressure from key stocks ahead of US rate cut
Top News
1 week ago

Market today: Sensex, Nifty decline amid selling pressure from key stocks ahead of US rate cut

Hindustan Times  

Indian stock markets opened lower on Tuesday, December 17, with the equity benchmark indices Bombay Stock Exchange Sensex and National Stock Exchange Nifty slipping, for which cautious investor sentiment was cited as the reason owing to the upcoming US Federal Reserve's interest rate decision. REUTERS/Shailesh Andrade/File Photo Selling in key stocks like Reliance Industries and HDFC Bank contributed to the …

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision
1 week ago

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday amid cautious investors approach ahead of the U.S. Fed interest rate decision and selling in blue-chip stocks like Reliance Industries and HDFC Bank. The 30-share BSE benchmark Sensex declined 350.98 points to 81,397.59 in early trade. From the 30-share blue-chip pack, Reliance Industries, Bharti Airtel, Nestle, Larsen & …

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar
1 week ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu  

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November …

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 17
Top News
1 week ago

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 17

Live Mint  

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Tuesday tracking a mixed trend in global peers. The near-term uptrend of Nifty 50 remains intact and the market could eventually result in an upside breakout of the hurdle at 24,800 levels,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Here’s what …

Stock markets end in the red: Sensex drops 384 points, nifty closes below 24,700
Trending News
1 week, 1 day ago

Stock markets end in the red: Sensex drops 384 points, nifty closes below 24,700

Live Mint  

Mumbai, : The stock market closed in negative territory on Monday with both benchmark indices posting losses amid range-bound trading. Among the top gainers were Dr. Reddy's Laboratories, IndusInd Bank, HDFC Life, Power Grid Corporation, and Bajaj Finance, which managed to post gains despite the weak market sentiment. He added that the short-term outlook for Nifty remains optimistic, with the …

Markets decline amid weak global trends; Sensex falls 385 points
1 week, 1 day ago

Markets decline amid weak global trends; Sensex falls 385 points

The Hindu  

Benchmark indices Sensex and Nifty closed lower on Monday due to weak global cues amid caution ahead of the U.S. Fed interest rate decision later this week. The 30-share BSE benchmark Sensex declined 384.55 points or 0.47% to settle at 81,748.57. From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, …

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar
1 week, 1 day ago

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar

The Hindu  

The rupee depreciated by 9 paise to close at an all-time low level of 84.89 against the U.S. dollar on Monday, dragged down by a negative trend in domestic equities. Forex traders said the Indian rupee declined on weak domestic markets and rising U.S. bond yields. On Friday, the rupee rebounded from its all-time low level and settled with a …

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks
1 week, 1 day ago

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks

Live Mint  

By Hritam Mukherjee and Kashish Tandon Dec 16 - India's benchmark equity indexes fell on Monday, as uncertainty about the U.S. interest rate trajectory beyond the reduction expected this week weighed on IT companies, while metal stocks fell after underwhelming economic data from top consumer China. Indian IT firms, which earn a bulk of their revenue from the U.S., fell …

Rupee falls 3 paise to 84.83 against U.S. dollar in early trade
Trending News
1 week, 1 day ago

Rupee falls 3 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee fell 3 paise to 84.83 against the U.S. dollar in early trade on Monday, dragged down by a muted trend in domestic equities and elevated crude oil prices. On Friday, the rupee rebounded from its all-time low level and settled with a gain of 8 paise at 84.80 against the U.S. dollar. Additionally, Foreign Institutional Investors turning net …

Indian rupee to face renewed pressure as US yields climb
1 week, 1 day ago

Indian rupee to face renewed pressure as US yields climb

Live Mint  

By Nimesh Vora MUMBAI, Dec 16 - The Indian rupee, having witnessed slight relief late last week, is likely to come under renewed strain on Monday on the back of a further rise in U.S. Treasury yields. "With inflation remaining sticky, and President-elect Trump looking to strengthen the U.S. growth performance, the Fed is set to signal a more cautious …

Rupee recovers 10 paise to end at 84.78 against U.S. dollar
Trending News
1 week, 4 days ago

Rupee recovers 10 paise to end at 84.78 against U.S. dollar

The Hindu  

The rupee rebounded from its all-time low level and settled with a gain of 10 paise at 84.78 against the U.S. dollar on Friday, buoyed by a strong recovery in domestic equity markets and easing inflation data. The latest official data released on Thursday showed India’s retail inflation eased in November to 5.48% and came within the Reserve Bank’s comfort …

Inflows help rupee end higher on day but weekly losing streak persists
1 week, 4 days ago

Inflows help rupee end higher on day but weekly losing streak persists

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 13 - The Indian rupee logged its the sixth consecutive weekly decline on Friday as pressure remained on account of heightened dollar demand in the non-deliverable forwards market and a weaker yuan while mild inflows helped the currency on the day. U.S. producer price inflation data released on Thursday reaffirmed investor expectations of a 25-basis …

Stock market crash today: Sensex, Nifty slump in early trade dragged down by metal stocks, foreign fund outflows
Trending News
1 week, 4 days ago

Stock market crash today: Sensex, Nifty slump in early trade dragged down by metal stocks, foreign fund outflows

The Hindu  

Benchmark indices Sensex and Nifty slumped in early trade on Friday dragged down by metal stocks, foreign fund outflows and weak global cues. Among the 30-share Sensex blue-chip pack, Tata Steel, JSW Steel, IndusInd Bank, Axis Bank, Mahindra & Mahindra, Larsen & Toubro, State Bank of India and Reliance Industries were the biggest laggards. Retail inflation declined in November to …

Rupee holds up in face of broad dollar rally thanks to central bank
1 week, 4 days ago

Rupee holds up in face of broad dollar rally thanks to central bank

Live Mint  

By Nimesh Vora MUMBAI, Dec 13 - The Reserve Bank of India's intervention on Friday helped the rupee avoid the losses that other Asian currencies had to endure in the wake of higher U.S. yields. The rupee was at 84.8300 to the U.S. dollar at 10:42 a.m. IST, marginally up from 84.8575 in the previous session. The RBI likely sold …

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade
1 week, 4 days ago

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the U.S. dollar in early trade on Friday on the back of favourable domestic inflation data. However, a strengthening American currency and volatile domestic equity markets amid foreign fund outflows capped the recovery in the local unit, forex traders said. The latest official …

Forex reserves fall by $3.23 billion; Rupee gains 10 paise
1 week, 4 days ago

Forex reserves fall by $3.23 billion; Rupee gains 10 paise

New Indian Express  

MUMBAI: With the rupee hitting a new low of 84.88 to the dollar last week, the Reserve Bank of India continued selling the greenback, resulting in a further decline in forex reserves by $3.23 billion, bringing them to $654.86 billion for the week ending December 6. According to the weekly statistical supplement released by the central bank on Friday, foreign …

Rupee hits new low of 84.88 against USD
1 week, 4 days ago

Rupee hits new low of 84.88 against USD

New Indian Express  

The rupee is expected to trade near 84.5 against the dollar by end December. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near term. As a result, the 10Y UST yield has surged by 71bps between October and November, while the dollar index has …

Rupee hits fresh all-time low, settles 4 paise lower at 83.87 against dollar
1 week, 5 days ago

Rupee hits fresh all-time low, settles 4 paise lower at 83.87 against dollar

The Hindu  

The rupee depreciated by 4 paise to settle at an all-time low of 84.87 against the U.S. dollar on Thursday, dragged down by negative domestic equity markets, outflow of foreign funds and rise in crude oil prices. The unit finally ended the session 4 paise down at a fresh all-time low closing level of 84.87 against the dollar. Rupee's previous …

Stock Market Today: Sensex Settles 236 Points Down, Nifty At 24,550
1 week, 5 days ago

Stock Market Today: Sensex Settles 236 Points Down, Nifty At 24,550

ABP News  

The Indian benchmark indices closed lower on Thursday, with the Nifty hovering around 24,550, as selling pressure was seen across various sectors. Over 250 stocks reached their 52-week highs on the BSE, including Chalet Hotels, EID Parry, Max Healthcare, Muthoot Finance, Coforge, Tech Mahindra, Vedanta, Persistent Systems, Kaynes Technologies, Info Edge, Dixon Technologies, LTIMindtree, Infosys, Firstsource Solutions, HCL Technologies, Wipro, …

Rupee hits record low, RBI intervention counters bearish tilt
1 week, 5 days ago

Rupee hits record low, RBI intervention counters bearish tilt

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 12 - The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the U.S. dollar in the non-deliverable forwards market, while the central bank's intervention helped prevent sharp losses. The dollar index was little changed at 106.5, unfazed by the elevated odds of a December …

Rupee hits lifetime low before RBI intervened to stop further decline
1 week, 5 days ago

Rupee hits lifetime low before RBI intervened to stop further decline

Firstpost  

The Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable forwards market and from importers while intervention by the central bank kept a lid on losses, traders said. Heightened dollar demand in the …

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